The Pension Fund Regulatory and Development Authority (PFRDA) has informed that subscribers can now access their NPS Account Transaction Statement via DigiLocker.
What is Digilocker
DigiLocker is a digital platform that provides a private cloud-based digital space that is shared and safe, allowing users to access all of their personal documents and certificates in one location.
According to a PFRDA circular dated June 14, 2023, “PFRDA is pleased to inform that the NPS subscribers will be able to download their NPS Account Transaction Statement to DigiLocker for easy access and view their pension wealth. Statement can be downloaded for Tier I and Tier II both.”
Subscribers can download the e-PRAN and Account Statement by searching for PFRDA in DigiLocker and providing the details of PRAN, DoB and Consent which is a one-time activity.
How to access NPS Statement of account through DigiLocker
1. NPS members can easily sign up for DigiLocker by using their cell phone or Aadhaar number.
2.The mobile/Aadhaar number will be authenticated by receiving a one-time password (OTP) for 2-Factor authentication. Subscribers will then set their security PIN.
3.Once authenticated, the subscriber’s DigiLocker account is created.
4.The provided documents in DigiLocker are e-documents issued by several government entities, including the PFRDA-appointed Central Record Keeping Agency (CRA).
5.These e-documents are obtained directly from the original data source, which is the CRA system.
6.The issued documents section of DigiLocker contains the links to access these documents.
7.Search for “PFRDA” in DigiLocker and select the appropriate CRA.
8.Enter your 12-digit PRAN (Permanent Retirement Account Number).
9.Provide consent to DigiLocker to share subscriber details with the issuers, in this case, the CRA, for the purpose of fetching the Statement of Account.
The following services have been made available by the respective CRAs through DigiLocker Account –
Protean e-Governance Technologies CRA (PCRA)
CRA subscribers can see their e-PRAN card and Account Statement. Subscribers can also use DigiLocker to update their existing address with Driving Licence. Prospective subscribers can also register an NPS account using the Aadhaar-DigiLocker link or their driving licence.
KFin Technologies CRA (KCRA)
CRA subscribers can access their ePRAN card and Account Statement. Subscribers can also use DigiLocker to change their existing address with Aadhaar. Prospective customers can now register an NPS account by integrating their Aadhaar and DigiLocker.
Computer Age Management Services CRA (CCRA)-
CRA subscribers can access their e-PRAN card. Subscribers can also use DigiLocker to change their existing address with Aadhaar. Prospective CCRA customers can open an NPS account via the Aadhaar-DigiLocker integration.
Source By: economictimes
