npscra.nsdl.co.in : Swavalamban Yojana National Pension Scheme

Organisation : NSDL e-Governance Infrastructure Ltd
Facility : Swavalamban Yojana National Pension Scheme
Home Page : https://www.npscra.nsdl.co.in/scheme-information.php
Download Forms here : https://www.npscra.nsdl.co.in/forms.php

NSDL Swavalamban Yojana NPS Lite

Scheme Information :
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the National Pension System-Lite (NPS-Lite) with effect from April 01, 2010. PFRDA has appointed NSDL e-Governance Infrastructure Limited as Central Recordkeeping Agency (CRA) for NPS – Lite.

Related / Similar Service :
Check PRAN Application Status Online

CRA is the first of its kind venture in India which will carry out the functions of Record Keeping, Administration and Customer Service for all subscribers under NPS – Lite.

The NPS-Lite is basically designed with the intention to secure the future of the people who are economically disadvantaged and who are not financially well to do. Towards this endeavor NSDL has developed a NPS Lite system on a low charge structure.

Purpose of this Document :
NPS Lite has been developed keeping the objective of servicing the various economically disadvantaged groups consist of poor people usually coming from low income strata through their representing institutions. Such institutions will be selected/designated by PFRDA as ‘aggregators’.
This document describes roles and responsibilities of aggregators, who shall be responsible for servicing their NPS Lite subscribers and interfacing with the NPS Lite.

Roles & Responsibilities of Aggregator :
As clear from the above NPS Lite architecture, Aggregator shall be the first point of interaction between the voluntary subscriber and the New Pension System. The Aggregator shall perform the following activities as part of their mandated roles and responsibilities in the New Pension System
A. Registration of designated offices of the Aggregator for Oversight function, contribution processing and other functions for regular interfacing with collection centres.
B. Subscriber Registration
C. Regular Contribution Uploading
D. Subscriber Servicing
E. Grievance Handling

Bank Details :
Bank Details are not mandatory for opening of PRAN account. However, if the subscriber intends to provide the same, he/she should submit all bank details in the form. Aggregators shall ensure that the bank details (mandatory) provided for account by the Subscriber is complete along with the application form. Partially filled bank details will not be considered while registration of application. However, at a later date, the subscriber will be able to update of the bank details in NPS Lite system by submission of the details to the Aggregator using prescribe format

Nomination Details :
If the applicant has provided nomination details, the % distribution among nominee(s) shall be an integer number, and sum total of the distribution shall be equal 100%. If any mistakes are committed by the subscriber in filling this section, such mistake shall not result in rejection of the application. However the nomination details shall not be registered in such case

Processing of forms :
a. On successful checking and authorization of forms, NL-CC shall forward the forms to their respective NL-AO/NL-OO for onward submission to the Facilitation Centers of Central Recordkeeping Agency (CRA).
b. Aggregators (NL-OO/NL-AO) shall submit accepted application forms (including supporting documents) to CRA/CRA-Facilitation Centre (FC) for digitization by hand where the CRA-FC are co-located. Where the Aggregators and CRA-FC are not co-located

Some Important Information From Comments

Comments:
1. I am a state government Judicial employee vide employee I.D No.1357461. I applied for PRAN card vide letter Dis. No.431/2016 dated 16-03-2016 of Junior Civil Judges court Bhainsa vide DDO code.1603001 and STO Code 1304, Mandal Bhainsa, Dist Adilabad, TS state. Since last two months, I never received any message (or) phone call and till today never allotted PRAN Number. Therefore you are requested to kindly issue my PRAN Number as early as possible.

2. I have not received any documents of PAN for depositing the amount but I am not able to enjoy the benefits since I was not provided with the benefits. Kindly help me, it is urgent.

FAQ On NSDL Swavalamban Yojana

Here are some FAQs on NSDL Swavalamban Yojana National Pension Scheme:

What is NPS Swavalamban Yojana?
NPS Swavalamban Yojana is a government-sponsored pension scheme that is open to all citizens of India who are between the ages of 18 and 60 years. Under this scheme, the government contributes Rs. 1,000 per year to your NPS account if you contribute between Rs. 1,000 and Rs. 12,000 per year.

What are the benefits of NPS Swavalamban Yojana?
There are several benefits to enrolling in NPS Swavalamban Yojana. These include:
** Government contribution of Rs. 1,000 per year
** Low administrative costs
** Flexibility to choose your pension fund manager and investment option
** Tax benefits under Section 80 CCD of the Income Tax Act

How do I enroll in NPS Swavalamban Yojana?
To enroll in NPS Swavalamban Yojana, you can either approach an NPS aggregator or register online through the NPS website. When you register, you will need to provide your personal details, such as your name, address, and PAN number. You will also need to choose a pension fund manager and an investment option.

Additional Simplified Procedure

Here are the steps on how to apply for NSDL Swavalamban Yojana online:
1. Go to the NSDL NPS website: https://npscra.nsdl.co.in/
2. Click on the “Apply Online” link.
3. Select the “Swavalamban Yojana” option.
4. Enter your personal details.
5. Upload your KYC documents.
6. Select your preferred mode of contribution.
7. Submit your application.

You will need to have the following documents ready to apply for NSDL Swavalamban Yojana:
** Your PAN card or Aadhaar card.
** A recent passport-sized photograph.
** A bank account statement or passbook.

The application process is free. Once your application is approved, you will be able to start contributing to the scheme.

Here are some additional things to keep in mind:
** You must be a resident of India to apply for NSDL Swavalamban Yojana.
** You must be at least 18 years old to apply for the scheme.
** You can contribute a minimum of Rs.500 and a maximum of Rs.1,500 per month to the scheme.

Here are some additional tips for applying for NSDL Swavalamban Yojana online:
** Make sure that you have all of your required documents ready before you start the application process.
** Double-check your personal details before you submit your application.
** Choose a secure password for your NPS account.
** Keep a copy of your application for your records.

Once you have submitted your application, you will receive an acknowledgment from NSDL. You will also be able to track the status of your application online.