To open an NPS account you must follow the below steps:

Individuals can register and obtain a subscription for the National Pension System through the online platform eNPS. Registration for the scheme can be done in the following steps.

Step 1 – Go to the eNPS portal available at the official website of the National Pension System.

Step 2 – Choose your subscriber type from the available options ‘Individual Subscriber’ and ‘Corporate Subscriber’.

Step 3 – Choose your suitable residential status - Citizen of India or NRI.

Step 4 – Opt for either Tier I account type or both accounts as a choice of the former is mandatory for long-term savings.

Step 5 – Enter your PAN details and select Arihant Capital as your PoP. It is ideal to choose a PoP with whom you have an existing relationship as it makes NPS subscription and management easier.

Step 6 – Upload the scanned copy of your PAN card along with a cancelled cheque. The image format should be in .jpg, .jpeg or .png format with a file size of 4KB to 2MB.

Step 7 – Upload your scanned photograph and signature in the same format and size as above.

Step 8 – Once routed to the payment gateway, proceed to pay the required charges via online banking.

Step 9 – With the completion of payment, your Permanent Retirement Account Number (PRAN) will be generated.

Once the PRAN is allotted, an applicant needs to proceed with either of the following steps for authentication. E-Sign option for authentication

• On the E-sign/Print & Courier page, choose the E-sign option.
• Authenticate with OTP sent to the mobile number registered with your Aadhaar card.
• After Aadhaar authentication, the registration form is signed successfully, and you do not need to send its physical copy.