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How to open an account of NDCPS (New Defined Contributory Pension Scheme)?


              Opening an account of NDCPS (New Defined Contributory Pension Scheme) requires some pre-requisites. So if you are unaware of what is NDCPS and who can apply for that,
then clickhere.

To open an account of NDCPS, download and fill below forms:

           (Mandatory)
      

         (Only if employee has selected for more than 1 nominee)

You can also download sample pre-filled form of Subscriber registration form (CSRF 1 Form) (English). 


An applicant should prepare five sets of application with attached documents. Put 4 sets in a file and submit them to the head of the office. Keep one set for you. Do not forget to note outward number on it. Normally, the process takes one or two months. If it doesn’t happen, then try contacting upper authority.

On successfully opening an account, you shall receive an SMS on your mobile number for it. You shall be allotted two numbers which you need to note down as they are very important:

            1.     PPA Number (PPSN):


This number is called Permanent Pension Account Number. It is a 16 (sixteen) digits number. This number is used for monthly deduction of contribution of an employee.
  

            2.     PRA Number (PRAN):


This number is called Permanent Retirement Account Number. It is  12 (twelve) digits number. This number is used for viewing your account online and making transactions with NDCPS. You can also manage your invested fund with different PFMs (Pension Fund Managers).

General instructions for filing NDCPS (New Defined Contributory Pension Scheme) form for opening and account of it:


          (These instructions are for an employee of government sector, so if you are not an employee of government sector, you have to fill / select different data.)


          -         Form should be filled with black ink pen in block (Capital) letters.
          -         Do not make any mistakes, overwrite and use white ink for correction.
          -         Write only one character per box. If you want use (,) comma, (.) full stop etc.,               use separate box for it.
         -         Incomplete form or insufficient attached documents may lead the application to              cancellation.
         -         Photograph size should be 3.5mm x 2.5 mm
         -         Applicant must not sign across the attached photograph.
         -         Attached documents must be self attested.
         -         Name and address of the applicant must match with documents provided.

Needed Documents to be attached with filling NDCPS application form for opening and account of it :

  • -         proofs (document) for date of birth
  • -         proofs (document) for identity
  • -         proofs (document) for address
  • -         Appointment letter
  • -         Cancelled cheque of salary account and photocopy of first page of passbook (must if applied for Tier II account)
  • -         Fully filled Annexure III (only if 2 or 3 nominees are assigned)
  • -         Other forms demanded by employee’s office

* Note: If your CORRESPONDENCE ADDRESS and PERMANENT ADDRESS are different than you will receive future mails on your CORRESPONDENCE ADDRESS.




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