How to Check NPS (National Pension Scheme) Balance Online?

Source: financialexpress

One of the well-liked retirement savings options for individuals hoping to arrange for a consistent income stream even after leaving active employment is the National Pension System. The Pension Fund Regulatory and Development Authority introduced the NPS in 2004. 

Making little annual donations to their NPS accounts helps people save money for the future. Anyone can register an NPS account and begin saving money if they are between the ages of 18 and 60. In this article we'll learn how to check NPS balance.

Without any further delay, read on to know more!

NPS offers both online and offline means of checking the NPS balance.

How to Check NPS Balance Through the NSDL Portal?

Step 1: Visit the National Securities Depository Limited's official website (NSDL) https://nsdl.co.in/ .

Step 2: Use your Permanent Retirement Allotment Number (PRAN) as the account password, captcha code, and user ID to log in.

Step 3: Select the 'Holding Statement' option located under the 'Transaction Statement' section after logging in. 

Step 4: The screen will show the balance of the account.

How to Check NPS Balance Through the NSDL Mobile Application?

Download the NSDL mobile application from a link on the official NSDL website if you'd rather get information online.

How to Check NPS Balance Through the UMANG App?

A government-developed software, UMANG (Unified Mobile Application for New-age Governance), assists users with various public services. It's simple to check your NPS balance on UMANG.

How to Check NPS Balance Through Missed Call?

Texting is among the simplest ways to see the balance of your NPS account offline:

All Indian citizens, as well as the business sector and any other sector for that matter, are entitled to the same features and benefits under the National Pension System (NPS). 

Based on citizen employment, the NPS's sectors include the Central Government, State Governments, All Citizens of India (individual category), and the Corporate Sector. 

Therefore, the basic advantages and features of NPS are the same for all sectors, except a few adjustments made for each sector's Subscribers.

The variations in NPS for Corporate and All Citizens of India are as follows:

• Participants in the All Citizens of India sector are free to choose how much to invest, join NPS voluntarily, and make contributions as they see suitable.

• Corporate Subscribers will immediately be covered under NPS by their corporations if their companies have made NPS mandatory for employees.

• An individual can join NPS through the All Citizens of India sector even if they work in the private sector and their employer does not provide NPS perks.

• Companies can assist their subscribers in making pension contributions or co-contributing to NPS. Three categories of donations from employers and employees exist:

  • Contributions from employers and employees are equal.
  • Contributions from employers and employees are not equal.
  • The contribution made by the worker or the company.

To check for missing National Pension System (NPS) contributions, follow these steps:

To access the National Pension System (NPS), initiate the login process by creating a new account or utilising an existing one. For first-timers, register by visiting the official NPS website and furnish pertinent details like Permanent Account Number (PAN), Aadhaar Number, and other personal information. 

Here are steps to log in to NPS as a first-timer as well as an existing user:

How to Login to NPS with a New ID?

Here's a step-by-step guide on how to create a new login for individuals who don't have an existing login ID for the National Pension System (NPS):

Step 1: Visit the Official NPS Website: Access the official website of the National Pension System (NPS) using a web browser.

Step 2: Select "New Registration": Look for the option labelled "New Registration" or similar wording. This is typically located on the homepage or in the login section.

Step 3: Choose the Appropriate Sector: Select the sector that applies to you, whether it's government, non-government, or corporate. Click on the relevant option to proceed.

Step 4: Fill in Personal Details: Complete the registration form with accurate personal details. This usually includes your full name, date of birth, PAN (Permanent Account Number), email address, and mobile number. Ensure all information is entered correctly.

Step 5: Generate Permanent Retirement Account Number (PRAN): After filling in the required details, a Permanent Retirement Account Number (PRAN) will be generated. This serves as your unique identification number for NPS.

Step 6: Set Password and Security Question: Create a secure password for your NPS account and choose a security question along with its answer. This is crucial for account security and password recovery.

Step 7: Authenticate OTP (One-Time Password): You will receive an OTP on the mobile number provided during registration. Enter the OTP in the designated field to verify your mobile number.

Step 8: Verify Email Address: Similarly, an email containing a verification link will be sent to the email address provided. Click on the link to verify your email address.

Step 9: Log in with PRAN and Password: Once the verification process is complete, return to the login page. Enter your PRAN and the password you created during registration to access your NPS account.

Step 10: Complete Registration: After logging in successfully, you may be prompted to provide additional details or complete any pending steps to finalise your registration.

Step 11: Review and Confirm: Take a moment to review all the information you've provided for accuracy. Once satisfied, confirm your registration to start using your NPS account.

Step 12: Access NPS Features: Now that you're logged in, explore the various features and services offered by the National Pension System, such as viewing your account balance, making contributions, and managing your pension investments.

By following these steps diligently, individuals without an existing login ID can successfully create a new login for the National Pension System and begin their journey towards secure retirement planning.

How to Login to NPS with an Existing Login?

Here's a step-by-step guide for individuals with an existing login ID to access the National Pension System (NPS):

Step 1: Access the official website of the National Pension System (NPS) through your preferred web browser.

Step 2: Locate and click the "Login" option, which is usually prominently on the homepage.

Step 3: You will be redirected to the login page, where you must input your User ID and Password. Ensure accuracy to avoid login issues.

Step 4: After entering your credentials, click the "Login" or "Sign In" button to proceed.

Step 5: Upon successful authentication, you will gain access to your NPS account dashboard.

Step 6: Review the available options and navigate through the various features provided by the NPS platform.

Step 7: To ensure security, it's advisable to log out of your account once you've completed your tasks by clicking on the "Logout" option. 

Step 8: For any assistance or queries regarding your NPS account, refer to the help section on the website or contact customer support.

By following these steps, individuals with existing login IDs can easily access their NPS accounts and manage their pension contributions effectively.