Now, mobile app introduced for national pension scheme subscribers

The government has introduced a mobile app for the National Pension Scheme (NPS) subscribers, according to the Ministry of Finance.

A NPS subscriber with the app will be able to raise the request for Transaction Statement for a particular financial year which will be sent to his registered email id at end of the day. They can view his/her NPS account, latest details of scheme wise units along with latest net asset value (NAV) and the total value of the schemes, details of the last five contributions credited.

NPS subscribers can change contact details (telephone/mobile no/email id), change password/security question add/modify his/her password and set security question (for password reset) through mobile app. Notifications, if any, from the Central Record-keeping Agency (CRA) will be available to the subscriber.

The government has also other features for NPS subscribers such as change of address using Aadhaar authentication, scheme preference change facility, tier II activation through eNPS, KYC re-verification using Aadhaar authentication, facility to contribute online, withdrawal from tier II account and online IPIN generation.

Pension Fund Regulatory and Development Authority (PFRDA) takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System (NPS).