You are currently viewing National Pension System: 4 Ways to Check NPS Balance

National Pension System: 4 Ways to Check NPS Balance

  • Post author:
  • Post published:September 15, 2023
  • Post category:General

Loading

The National Pension System (NPS) is a beacon of financial security for individuals aiming to secure their retirement years when traditional pension plans may not suffice. Designed by the government, NPS requires individuals to make a minimum annual contribution of Rs 6,000 until retirement. Your NPS account balance is influenced by two key factors: your voluntary annual contributions and the income generated from investing 40% of the maturity amount in annuities. Here, we explore four distinct methods to check your NPS balance effortlessly.

4 Ways to Check NPS Balance

1. NSDL Website

The NSDL portal offers a convenient platform to monitor your NPS account balance. Here’s a step-by-step guide:

Step 1: Head to the NSDL portal.

Step 2: Use your PRAN (Permanent Retirement Account Number) as your user ID and input your account password to log in.

Step 3: Enter the Captcha code to proceed.

Step 4: Navigate to the “Transaction Statement” section and select the “Holding Statement” option. Your total balance will be displayed on the screen.

2. NPS Mobile App

Stay connected to your NPS account on the go using the NPS by Protean mobile app. Follow these steps:

Step 1: Download the NPS by Protean app.

Step 2: Upon installation, enter your PRAN and the PIN provided in your PRAN welcome kit.

Step 3: After a successful login, you can view your total NPS holding value as of the current date. The app also provides insights into your Tier I and Tier II account holdings and details of your last five transactions.

Step 4: You can also manage your profile information, including your registered email address and mobile number, and make necessary modifications.

3. UMANG App

UMANG, developed by the Ministry of Electronics and Information Technology (MeitY) and the National e-Governance division, offers another avenue for NPS balance checks. Here’s how to use it:

Step 1: Download and open the UMANG app on your smartphone. Search for NPS services.

Step 2: Select the relevant CRA (Central Record Keeping Agency) and proceed by choosing the “NPS” option.

Step 3: Enter your PRAN and password when prompted after selecting the “Current Holding” option.

Step 4: Finally, tap “Login” to access the details of your NPS account balance.

Through the UMANG app, subscribers gain access to comprehensive account information, including account details, modification of scheme preferences, and the ability to contribute to other subscribers’ accounts.

4. SMS Service

For a quick NPS balance check, initiate a missed call to 9212993399 from your NPS-registered mobile number. Shortly after, you will receive an SMS about your account balance.

If you have any queries regarding your NPS account, contact customer service at (022) 2499 3499. They are readily available to assist you.

Conclusion

The National Pension System empowers individuals to take control of their retirement planning. Utilizing these four simple methods, you can effortlessly stay informed about your NPS account balance, ensuring a secure financial future during retirement.

Sumitha

I'm a professional content creator passionate about writing. My articles span law, business, finance, investments, and government schemes, always simplifying complex topics. Exploring and embracing novelty are my off-duty joys.