No matter what generation you belong to, or how tech-savvy you are, it takes a little extra effort to make your way around certain parts of the internet. Think IRCTC. I have a diploma and a Google Certificate Course in booking train tickets… okay kidding. But you get it, some things aren’t as easy as we’d like them to be. Like knowing how to check your NPS balance online. This article is about to break it down for you.
The national pension scheme was first introduced to the public in January 2004 by the Pension Fund Regulatory and Development Authority of India (or PFRDA). Available to Indian citizens aged between 18 to 60 years, it is designed to encourage systematic savings. By directing a certain outlined amount of money at regular intervals, the NPS helps subscribers build a corpus they can enjoy once they retire.
If you have subscribed to the NPS, understanding where the finances you have invested in the scheme is important. This corpus is dependent upon how much money you contribute to your account and the income generated from your investments. In this regard, you must be able to check NPS balance with ease.
If you have subscribed to the NPS, you can open a Tier 1 and Tier 2 account by paying the minimum charges applicable and making your contributions. However, the next step necessary is checking your balance in these accounts online.
You are assigned a permanent retirement allotment number (or PRAN) when you open an NPS account. Having this number in hand is a must if you wish to inquire about your NPS account balance. Always keep this number in hand prior to checking your accumulated funds.
This can be done via any one of the channels listed below.
If you hope to avail of an NPS balance statement highlighting details of your transactions and contributions, select the ‘transaction statement’ option available instead.
Another easy method via which it is possible to check your NPS balance status is on the NPS app. Once you download this app, simply follow the steps mentioned below.
You’re entitled to manage the registered email address and mobile number linked to your account by making use of this app.
Apart from seeing your account balance, it is possible to make withdrawals from Tier 2 accounts using this app.
The Ministry of Electronics and Information Technology (or MeitY) along with the national e-Governance department, is responsible for creating the UMANG platform. This platform helps fulfil a number of NPS services. Simply follow the steps mentioned below in order to see your NPS balance here.
Additionally, it is worth noting here that the UMANG app can be used to take advantage of a string of e-governance needs.
Another means via which it is possible to check your NPS balance is via SMS on your registered mobile number. This is the fastest and most straightforward method of understanding your holdings. Simply follow the steps mentioned below to learn more.
In case you have any questions pertaining to your NPS account, you can call the customer care number, which is 022 2499 3499.
Checking the balance on your national pension scheme account has never been easier. Simply follow one of the aforementioned suggestions to gain insights into how your Tier 1 and Tier 2 accounts stand. The national pension scheme is a great investment opportunity as it teaches you how to make strategic savings for your retirement. Visit the Fi website or download the app to learn more viable investment avenues.
A1. Once you’ve created an NPS account and a PRAN has been allocated to you, you can log in to your E-NPS account via the NSDL web portal, by using the NSDL E-Gov app or on the UMANG smartphone app.
A2. Your NPS Tier 1 balance can be checked on any one of the following means.