Process to Apply For the PRAN Card

Process to Apply For the PRAN Card

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PRAN remains for Permanent Retirement Account Number. The PRAN number appeared after the Central Government has presented the NPS (New Pension System) with impact from first January, 2004. The National Pension Scheme has made this account number necessary for all Central Government employees who have joined administration on or after first January, 2004. Focal government employees joining administration on or after first January, 2004 get consequently selected for the National Pension System.

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Application procedure of PRAN Card:

Since registration for Permanent Retirement Account Number (PRAN) is an unquestionable requirement for central and state government employees, they can register for PRAN with National Securities Depository Limited (NSDL). The application structure for PRAN registration is accessible on the official website of NSDL which an employee needs to download and fill. The filled application ought to be put together by employees to their organization officer who might at long last present the application to CRA (Central Record Keeping Agency). Endorsers who are registered with DDO (Drawing and Disbursing Office) and CRA can apply for assignment of PRAN. To begin with they have to first register with CRA before registering with DDO. Any supporter/employee falling inside of the age gathering of 18 to 60 years can apply for a Permanent Retirement Account Number.

How to apply for PRAN card online:

This can be a genuine question comes into every one’s mind that how to apply for PRAN card online and the answer is here. Both Central and State Government representative can apply for PRAN card, in the event that they are registered with the Central Record Keeping Agency. A representative/supporter can apply for PRAN by going by the website of NSDL. The online application is accessible on the website. The Nodal Office creates the Permanent Retirement Account Number, making PRAN card apply online extremely straightforward.

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Points of interest required on how to apply for PRAN card online:

An endorser needs to fill 5 sections wherein he/she needs to top off specific subtle elements. The accompanying points of interest ought to be submitted alongside the filled application for PRAN enrollment:

  • Section A – Individual specifics of a subscriber.
  • Section B – Service details.
  • Section C – Nomination particulars of subscriber
  • Section D – Scheme specifics.
  • Section E – Statement of T-PIN and I-PIN.

Among the 5 sections specified over, the section B will be filled by the Drawing and Disbursing Officer (DDO). The points of interest in the remaining sections should be filled by the endorser. If, an endorser who is as of now registered with the old pension scheme and applies for a crisp PRAN, the same subtle elements ought to be given once more. Existing endorsers needs to submit new application structure to be registered with the CRA framework. Since this New Pension Scheme (NPS) propelled by the government of India accompanies certain progressions. Not at all like the old pension scheme which depended on the last pay drawn by employees, this new pension scheme includes both business and employee and they contribute for making a pension riches which is payable to employees at the season of retirement.

Aside from the records said over, the compulsory points of interest incorporate:

  • Individual and job points of interest
  • Bank details are likewise compulsory. If, bank details are not accessible at the season of filling the form, the supporter can make an announcement for giving them inside of 6 months.
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Data, for example, nomination, PAN Card and scheme inclination points of interest are discretionary. This data can be given whenever after registration. If an endorser does not give his scheme inclinations, his commitment will be invested in the default schemes hold by the Pension Fund Regulatory and Development Authority (PFRDA).

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