Updated Feb 05, 2021 | 13:17 IST
The Aadhaar-based offline paperless KYC verification eliminates the need to provide a physical copy of the 12-digit identifier. his facility can also be availed for opening NPS accounts through PoP. Use Aadhaar-based offline e-KYC to open NPS account. Here s how
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) allows Aadhaar-based offline paperless KYC process for its new subscribers under the National Pension System (NPS). The process enables immediate activation of NPS account due to instant KYC verification and also facilitates the immediate deposit of NPS contribution by the subscriber.
The Aadhaar-based offline paperless KYC verification eliminates the need to provide a physical copy of the 12-digit identifier. As per this process, an applicant has to download the password-protected Aadhaar XML file in the offline mode by accessing the Unique Identification Authority of India (UIDAI) portal