One can invest in NPS online in any of the two types of NPS accounts: Tier I and Tier II. You can go for a minimum investment in National Pension Scheme (NPS) starting from Rs. 500 for Tier ! and a minimum of Rs. 250 for Tier II.
Step-wise Investment in National Pension Scheme
The National Pension Scheme allows the citizens of India to invest online. Following are the steps involved in opening the NPS account online.
Step 1: Required Documents
Certain documents are required if you are planning to apply for NPS online.
- You should have a Mobile Number, Email ID, and an active and Net Banking Facility enabled Bank Account.
- In case, you select to open the individual pension account with PAN, the activation of the PRAN is subject to KYC verification by the empanelled Point of Presence a.k.a. POP (name and address should match with the POP record) selected by you during the registration process.
- Fill up all the mandatory details online
- Scan and upload your photograph (optional for Aadhaar) and signature
- Make online payment (Minimum amount of ? 500)
- In case you’re unable to do eSign, Print the form, paste the photograph & affix your signature and submit the form to CRA.
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