How to open a NPS account?

by Manshu on March 28, 2011

in Investments

One of the most frequent questions on the NPS post is how one can open a NPS account, and though things have improved in the past few months – most of the times opening a NPS account is not as easy as it should be.

I tried to look at the various ways you can open a NPS account, and thought I’d make a list of NPS account opening options I’m aware of. In doing this research I found that there is reasonably good information about where you can go to open an account, but it’s just that it’s not very well known.

For instance, on the PFRDA website – you can see the number of PoP-SP (Point of Presence Service Providers) (pdf) and it’s quite clear that SBI with 3,820 registered branches is quite clearly in the lead, followed by Alankit Assignments with 890 branches, India Post NPS Nodal Office with 807 branches and State Bank of Hyderabad with 714 branches.

This is an interesting stat, and the PDF itself has got a list of number of all PoPs, and gives an approximate idea of where you’re more likely get someone who can open an account for you.

With that said let’s take a look at the various options to open a NPS account.

Open a NPS Account with ICICI DIRECT

This is probably the easiest way to open a NPS account because if you have a ICICI DIRECT account, then you can log into your account and open a NPS account without any additional documentation. They don’t currently have the facility to open a Tier II account, but say that it will be introduced shortly.

I don’t know of any other online broker other than ICICI at this point in time that’s offering this service.

Open a NPS account through CAMS Online

CAMS is another registered PoP-SP that allows you to fill up the form online and enter information to open a NPS account.

This info was left by Dr. Shetti in a comment, and I’m not familiar with how the entire process looks like, so before you start entering the details there I suggest giving them a call and find out more.

Here is their contact information:

Point of Presence(POP)
Computer Age Management Services Pvt. Ltd.
PFRDA Unit
Rayala Towers, 158, Anna Salai
Chennai – 600 002.
Phone : 044 – 30212 636 / 662 / 678 / 789 / 808 / 900 / 987 / 989
Fax : 044 – 2841 1893
Email :pfrda@camsonline.com

If someone has first hand experience with this then please do leave a comment.

Go to a bank branch that’s a registered NPS PoP-SP

This is going to be the way most people open a NPS account – going to a bank branch and opening one. The trouble is that a lot of people find that when they go to the bank – the employees don’t even know what NPS is!

The PFRDA website has this excel sheet which has a list of all branches along with address and phone numbers where you can open a NPS account. So, if you’re in Gurgaon – you can just search for that in this file and it will show you the branch that’s present near you.

If you don’t have an ICICI Direct account and are interested in opening a NPS account, then this file should prove to be a good starting point for you as it will tell you where you can go and find some people who actually know what NPS is.

In due time – the number of branches will increase, and it will become easier to open an account, but till then some of you might have to struggle a little bit with this.

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{ 171 comments… read them below or add one }

prahlad dewasi March 17, 2015 at 11:44 AM

Sir is yojana me kitne saal k liye kitnne rupye JMA krane par kitne rupye milange plz reply sir

Reply

ashvani kumar March 17, 2015 at 8:13 PM

I recive my pran card few day before
Now what can i do now

Reply

vishal dhankhar March 18, 2015 at 1:44 PM

how how can I get agency of pran card plz help me

Reply

nagendra March 23, 2015 at 5:44 PM

my ceel number given below contact me any time for pran card work

cell 7597969797
8432353559

Reply

vivek lodhi March 18, 2015 at 5:37 PM

call me we are company provide nps franchise all over India call me 8827252592

Reply

sundar March 20, 2015 at 3:53 PM

Hello Sir
I am interested to take agency with swavalamban National Pension System(NPS) PRAN Card. Interested to open Sales DSA agency.
Please sent me details about sales policy terms & condition’s and benefit.

Reply

nagendra March 23, 2015 at 5:45 PM

my cell number given below contact me any time for pran card work

cell 7597969797
8432353559

Reply

Sanjai March 21, 2015 at 12:41 PM

Hello sir, I am interested to take agency with swavalamban national pension system. PRAN CARD.Interested to open sales DSA Agency.Please Details.

Reply

KULDEEP kumar VERMA March 24, 2015 at 4:35 PM

Hello sir, I am interested to take agency with swavalamban national pension system. PRAN CARD.Interested to open sales DSA Agency.Please Details.

Reply

Prakash March 24, 2015 at 9:32 PM

I am interested to this one sent me the details

Reply

farook March 29, 2015 at 10:46 PM

Please how to get prancard

Reply

Rampreet April 4, 2015 at 9:01 AM

Sir .i want to nps agency my contract number 9984918490

Reply

Piyush Agarwal April 7, 2015 at 9:31 AM

Sir

Can I increase or decrease the amount of investment in Tier 1 & Tier 2 account.

SIP mode is beneficial or Lump sump will be good.

What are the charges if I will do investment in Montly & what is transaction charges if investment done one time.

Regards
Piyush

Reply

Piyush Agarwal April 7, 2015 at 1:20 PM

Sir

I would like to understand that Investment in NPS will be entitlement of additional 50000/- of tax rebate.

For tax benefir , I have to invest the complete amount in Tier 1 account.

Regards
Piyush

Reply

Arun April 8, 2015 at 7:32 AM

i am a govt employee and already I have a pran account, now i am going to a public sector and again i have to fill -up PRAN form from my new employer.if i dont tell them that already i have a pran account and fill-up the PRAN form again ,then what will happen and is there any possibility that my new employer will came to know that already i have a pran account and i am a govt employee…plz reply

Reply

T.karthikeyan April 10, 2015 at 5:11 PM

Dear sir,

Im salem how to join nps ac cell:9087417475

Reply

sarath kumar April 11, 2015 at 11:32 AM

hello sir,
I am sarath kumar from Chennai how to join NPS Account pls help me sir
my Mail ID : natarajansarath@yahoo.com

Reply

siddaraju.v April 12, 2015 at 5:32 PM

Dear sir, how to open pran card pl send details

Reply

Ashis kumar Mohanty April 14, 2015 at 10:22 PM

hello sir,
I am Ashis kumar Mohanty from Bhubaneswar how to join NPS Account pls help me sir
my Mail ID : ashismohantybbsr2003@yahoo.co.in

Reply

bipul kumar April 29, 2015 at 6:25 PM

how i can check my nps accont please help me

Reply

Dev pratap April 30, 2015 at 10:37 PM

Mera account STATE OF INDIA shamsabad,agra main hai kripiya mujhe yah batane ka kast karen ki main apne PRAN CARD ko kis prakar prayog karoon. manager sahib kahte hain ki yah suvidha hamari bank main uplabdh nahin hai . NPS ka softwere hamare program main nahin hai.
please solve my problem!

Reply

Kiran Patange May 1, 2015 at 7:44 PM

Agency for PRAN

Kiran Patange
Latur (Maharashtra)
9881096977

Reply

T.R.Parthasarathy May 5, 2015 at 2:30 PM

Pl. Detail pran card Scheme

Reply

T.R.Parthasarathy May 5, 2015 at 2:32 PM

Sir Pl Send Pran Card Detail

Reply

kumaran.k May 13, 2015 at 11:52 AM

sir.

send your mail id.
9842731202
9444931202

Reply

Mugunthan. G May 10, 2015 at 3:18 PM

Hi there,
I’m very much interested to buy pran card. Im living in Mamallapuram – Chennai how to get the pran card. Come u help someone.
Thanks& Regards
Mugunthan. G 9884189580

Reply

Mugunthan. G May 10, 2015 at 3:19 PM

Im living in Mamallapuram – Chennai how to get the pran card. Come u help someone.
Thanks& Regards
Mugunthan. G 9884189580

Reply

kumaran.k May 13, 2015 at 11:51 AM

sir..
call pran card details.

kumaran.k
9842731202
9444931202

Reply

arivazhagan May 25, 2015 at 1:27 PM

Pls. How to join in Nps 9943360588

Reply

kamal June 1, 2015 at 7:26 PM

Hellow sir,
How can i apply the pran card. Dis is my no 9941856084

Reply

Ganesh June 8, 2015 at 9:44 PM

In chennai which post office are currently enrolling NPS ???

Reply

Sri July 11, 2015 at 2:54 AM

For taking NPS individual and corporate for Tamilnadu and Pondicherry please contact 9840556271

Reply

krishna kant kumar July 22, 2015 at 7:20 PM

i have no agency of pran card plz help me

Reply

WeightLoss July 27, 2015 at 8:05 AM

I went to open the pension account in SBI Madhapur, Hyderabad yesterday (30th March 2013). This branch is listed in the xls sheet you have refered in this article. To my surprise, the Branch Manager (Operations) refused that they deal with NPS accounts. When I told him that your branch is listed on PFRDA website as POP-SP, he blankly told that they dont have any information on working with NPS accounts.

Reply

lokesh kumar August 6, 2015 at 9:38 AM

sir please my NPS a/c statements

Reply

Sushma Minj August 26, 2015 at 9:22 PM

Dear Sir, Please help how to open PRAN A/C in pop-sp Axis Bank Ltd .

Reply

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