Aadhaar verification will now be required for login
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NPS New Rule: National Pension System (NPS) is also included among the best pension schemes run by the Central Government. If you also invest in NPS, then this is very important news for you. pension fund regulator PFRDA has decided to make a major change in the way of logging into the National Pension System. The institute has made two-factor authentication mandatory to increase the security features in login. This change is going to be made for logging into the Central Record Keeping Agency system. It is being told that now for login, along with the user ID password, OTP will also be sent to your mobile number linked to Aadhaar. Without this, login to the account will not be possible. regarding this PFRDA Has said that with this both the accounts and money of the investors will be more secure than before.
What is the login method now?
Before April 1, investors need NPS ID and password to login to their CRA system. Currently, no OTP comes on the mobile. Besides, NPS has also made some other changes. According to the notification from PFRDA, verification as per penny-drop method will be required to process the requests for exit or withdrawal from the scheme and to make amendments in the bank account details of the subscribers. Now no change will be possible without verification.
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How to login now
To login to NPS from April 1, visit the official website of the institute. Click there to login with your PRAIN/IPIN. Enter your user ID and password here and enter the captcha and submit. After this, an OTP will be sent to your registered mobile number to complete the Aadhaar authentication process. Enter the OTP and submit.
What is National Pension Scheme
The National Pension Scheme is an individual pension scheme managed by the Government of India. The main objective of this pension scheme is to provide an opportunity to Indian citizens to invest under various schemes and benefit from the invested capital, so as to make them self-reliant for a good lifestyle. The scheme provides a wide range of options to encourage free and positive investment, and suggests individuals to deposit money under various financial prosperity schemes as investments. The main objective of NPS is to provide an opportunity to individuals to invest as a safe and prosperous scheme so that they can remain self-reliant during their old age.
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