InvestorQ : How can I open a National Pension Scheme (NPS) account offline?
divya Sing made post

How can I open a National Pension Scheme (NPS) account offline?

Answer
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1 year ago


If you want to open an NPS account offline or manually, you will have to find a Point of Presence (PoP) first.

From the PoP, collect a subscriber form and submit it along with your KYC papers. If you have already completed the KYC formalities with the bank, then you can ignore this step.

Once you make the initial investment (not less than Rs. 500 or Rs. 250 monthly or Rs. 1,000 annually), the PoP will send you a PRAN – Permanent Retirement Account Number.

This number and the password will come to you in a sealed welcome kit will help you operate your account. Please note, there is a one-time registration fee of Rs.125 for this process.