Now, use driving license to open NPS account. Here's how to do this

The new facility also allows users to update the address information in their NPS account.

Published on: Nov 13, 2022, 14:38:13 IST

By HT News Desk, New Delhi

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Thanks to the Pension Fund Regulatory and Development Authority (PFRDA), users can now utilise their driving locker and open a National Pension System (NPS) account using DigiLocker.

The new facility also allows users to update the address information in their NPS account. According to PFRDA, the feature was launched as a ‘tribute to 75 years of India’s independence, and to commemorate the Azadi Ka Amrit Mahotsav."

Here's a step-by-step guide to open NPS account using driving license:

(1.) Go to the registration link, and under ‘Register With,’ select ‘Document with DigiLocker.’

(2.) Under ‘Select Document,’ choose ‘Driving License.’

(3.) You will now be redirected to the DigiLocker website; here, enter your log in credentials.

(4.) Give the Central Record Keeping Agencies (CRKAs) permission to share your papers.

(5.) Now, provide NPS access to DigiLocker, and papers issued by it.

(6.) On the account opening screen, your demographic data and driving license photo will automatically appear.

(7.) Provide personal information, as well as details on your PAN card, bank account, scheme, and nomination, if necessary.

(8.) Fill the application form, and pay for NPS donation.

(9.) Your NPS account is successfully created.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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