NPS On-boarding through Online PRAN Generation Module (OPGM)

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY CIRCULAR

NPS On-boarding through Online PRAN Generation Module (OPGM) without photo and signature shall now be made effective from 1st October 2020

PENSION FUND REGULATORY
AND DEVELOPMENT AUTHORITY
B 14/A, Chhatrapat Shivaji Bhawan,
Qutub Jastitutional Area,
Katwaria Sarai, New Delti- 110016

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY CIRCULAR

CIR No.: PFRDA/2020/29/SUP-CRA/12

Date: June 30, 2020

To,
CRAs, POPs, Nodal officers, NPST

Subject: NPS On-boarding through Online PRAN Generation Module (OPGM)

This has reference to clause no 2 (i) of Circular no. PFRDA/2020/9/SUP-CRA/2 dated 13.04.2020 and circular dt. 20th April 2020 on the captioned subject.

2. Based on requests received from several Points of Presence (POPs) and considering the prevailing situation, the advisory issued vide Circular dated 20th April, 2020 to CRAs for not opening NPS Accounts through OPGM without photo and signature shall now be made effective from 1st October 2020.

3. This circular is issued under section 14 of Pension Fund Regulatory and Development Authority Act, 2013 and is placed under Circulars in the CRA section of intermediaries and under Circulars in the Regulatory Framework at PFRDA website.

sd/-
(K. Mohan Gandhi)
General Manager

What is OPGM?

• The full form of OPGM is ‘Online PRAN Generation Module’.

What is PRAN?

• The full form of PRAN is ‘Permanent Retirement Account Number’.