What is a PRAN Number?
PRAN, a 12-digit unique number, is issued by the Central Recordkeeping Agency (CRA), and it helps individuals manage their pension account effectively. Using the PRAN number, you can easily keep track of contributions, returns, and allow access to various services. This is important for all employees, registered with the NPS whether you are employed with the government or in the private sector.
What is a PRAN Card?
Having a PRAN card is very important when you are an employee with the state or central government, or even with a corporate firm (NPS subscriber). It is a valid proof that ensures you are a contributor to NPS.
How to Apply for a PRAN Card Offline?
Fill out your PRAN application form with photo, signature, mandatory details, and scheme preferences. Attach KYC documents for identity and address proof. Submit the form and KYC at your nearest Point of Presence – Service Providers (POP-SP), where you’ll also make your first contribution (minimum ₹500) with an NCIS slip. The PRAN card will be sent to your address by the CRA. Track your application using the receipt number provided for submission.
Important Points to Remember When Applying for a PRAN Card
- Always make sure that you enter the correct details as asked to fill in the form.
- Remember to cross-check the KYC documents.
- You need to submit recent passport-sized photos so that there is no delay when applying for a PRAN card.
- The form requires the subscriber to fill in the relevant employment details accordingly.
- Remember to keep a copy of the form for future reference.
How to Apply for a PRAN Card Online?
The online application process for PRAN cards is easy and can be done digitally in minutes. You are required to visit the NSDL CRA or Karvy CRA portal and select the NPS registration option. Follow the steps given below and learn how to apply for a PRAN card.
You can apply for a PRAN (Permanent Retirement Account Number) online through the eNPS portal by following these steps:
Complete Online Registration
- Ensure you have a PAN card, bank/Demat/folio account details, and an empanelled Bank or Non-Bank POP for KYC verification.
- Fill in all the mandatory details in the online registration form.
- Upload the necessary documents.
Make the Initial Contribution
- After completing the form, proceed to the payment gateway to make your initial NPS contribution via Internet Banking.
- The contribution is credited to your PRAN within T+2 days after fund clearance.
For NRI Subscribers
- Select the bank account status (Repatriable or Non-Repatriable) and provide NRE/NRO account details.
- Upload a scanned copy of your passport.
- Choose your preferred communication address (Overseas or Permanent). Note: Overseas address selection may involve extra charges.
Authenticate and Submit the Form
After receiving your PRAN, you can complete the process using one of these options:
Option 1: eSign
- Select ‘eSign’ and authenticate using OTP sent to your Aadhaar-linked mobile number.
- Once authenticated, the form is eSigned, and you do not need to send a physical copy.
- A nominal charge applies for eSign services.
Option 2: Print & Courier
- Select ‘Print & Courier’, download the form, paste your photograph (do not sign across it), and sign in the designated block.
- Send the form to the Central Recordkeeping Agency (CRA) within 30 days of PRAN allotment to avoid freezing.
Address: Central Recordkeeping Agency (eNPS), Protean eGov Technologies Ltd, 1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400013
Key Features and Benefits of a PRAN Card
Learn the important features of a PRAN card:
Tax Advantages of Holding a PRAN Card
If you hold a PRAN card, it means your contributions are eligible for tax deductions up to ₹50,000 annually under Section 80CCD(1B) of the Income Tax Act, in addition to the ₹1.5 lakh under Section 80C under the old tax regime.
Easily Transferable Across Jobs and Cities
In case you change jobs or move to a new city with a new address, your PRAN remains constant. There is no need to change it, which means your contributions and benefits remain intact.
Backed and Regulated by the Government
This is safe and secure as the process is managed and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), ensuring safety and transparency.
PRAN Card Application Process for NRIs
Here is how you can apply for a PRAN card as an NRI:
- NRIs can also register using online and offline channels. By online mode, you simply need to visit the official eNPS portal.
- The next step is to provide a passport and OCI/PIO card as ID proof to get the PRAN card.
- Provide all the important details as asked in the form and complete payment via an Indian bank account.
Required Documents for PRAN Card Application
Below are the important documents needed, along with the application form, to get a PRAN card:
- Identity proof
- Duly filled Application
- Address proof
- Passport-sized photographs
- Scheme preference details
Step-by-Step Guide to Access the PRAN Portal for NPS
When you are an NPS subscriber, here is how you can access the PRAN card portal for NPS:
- Visit https://cra-nsdl.com, which is the official website to get the PRAN card, supported by the government.
- Click on 'Login for NPS Subscribers'.
- Enter PRAN and password to proceed.
- Access the dashboard to manage contributions, view statements, or update details.
How to Download and Print Your e-PRAN Card?
You can easily download and keep a copy of your e-PRAN card online by logging into the NPS portal with your PRAN and password, accessing the e-PRAN tab, and downloading the PDF. It can be saved on any device or printed for future reference. Alternatively, subscribers can request a printed APY PRAN card by verifying their PRAN, date of birth, and registered mobile number through OTP. Once confirmed and payment is made, the card will be delivered to the registered address.
How to Reach PRAN Card Customer Support?
In case there is an issue that you come across, you can always reach the customer support team. You can contact: 022 - 2499 3499 or write to: enps@proteantech.in
Is It Possible to Hold Multiple PRAN Cards?
No, you cannot hold multiple PRAN cards. In India, every individual can have only one unique PRAN, since this is a lifelong unique ID.
FAQs
How do I find my PRAN number?
You can find your PRAN number on the PRAN card or by logging into your NPS account, where it's displayed on the dashboard.
How can I activate my PRAN number?
Set a password on the NPS portal using OTP, choose your fund scheme, make the initial contribution, and your PRAN will be activated.
Why is PRAN important?
PRAN tracks your retirement savings, ensures seamless pension contributions, and provides access to NPS benefits and tax savings.
What is the 12-digit number of PRAN?
It is a unique Permanent Retirement Account Number assigned to each NPS subscriber, used for managing retirement accounts.
