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Published on:
June 22, 2023
By
Durga Prasad

The NPS Statement can be accessed through DigiLocker:

In today's digital age, the Government of India's flagship programme, Digital India, has launched an innovative initiative known as DigiLocker. DigiLocker provides a secure and easily accessible private cloud-based platform for storing personal documents and certificates, with over 16.50 crore registered users and 5.62 billion issued documents. The Pension Fund Regulatory and Development Authority (PFRDA) has now made it possible for National Pension System (NPS) subscribers to access their NPS Account Transaction Statement via DigiLocker as part of this initiative. This blog post examines the process and benefits of gaining access to NPS statements via DigiLocker.

Benefits of DigiLocker:

DigiLocker makes it easier to manage important documents by providing a centralized and secure digital space. DigiLocker provides subscribers with a seamless experience to access and view their pension wealth by integrating with PFRDA's Central Record Keeping Agencies (CRAs). 

How to Access Your NPS Account Transaction Statement Using DigiLocker:

1. Sign up for DigiLocker:

To begin, NPS subscribers can easily register for DigiLocker using their mobile or Aadhaar number. The registration process involves a two-factor authentication, where a one-time password (OTP) is sent for verification.

2. Create Your DigiLocker Account:

Once authenticated, subscribers can create their DigiLocker account by setting a security PIN. This ensures the safety and confidentiality of their stored documents.

3. Explore Issued Documents:

DigiLocker offers a comprehensive collection of e-documents issued by various government agencies, including the CRAs appointed by PFRDA. These e-documents are sourced directly from the original data system of the CRAs.

4. Search for PFRDA Services:

In the issued documents section of DigiLocker, subscribers can search for "PFRDA" and select the respective CRA they are associated with.

5. Enter Your PRAN:

To retrieve your NPS Account Transaction Statement, enter your 12-digit Permanent Retirement Account Number (PRAN). This will ensure that the statement is linked to your specific account.

6. Provide Consent:

In order to fetch the Statement of Account, you will be required to provide consent to DigiLocker, authorizing the sharing of your subscriber details with the CRA.

Benefits of Accessing NPS Statements via DigiLocker:

Easy Accessibility: DigiLocker allows NPS subscribers to access their NPS Account Transaction Statement anytime, anywhere, without the need for physical documents.
Secure Storage:
By utilizing a private cloud-based platform, DigiLocker ensures that your personal information and documents are stored securely, protected by advanced encryption technology.
Simplified Document Management:
With DigiLocker, subscribers can access all their personal documents and certificates in one central location, reducing the hassle of maintaining physical copies.
Seamless Integration:
The integration of CRAs with DigiLocker streamlines the process of retrieving NPS statements, enabling quick and efficient access to important financial information.
Environmental Impact: Embracing digital storage through DigiLocker reduces paper usage and contributes to a more eco-friendly approach.

Conclusion:

Accessing your NPS Account Transaction Statement through DigiLocker offers a convenient and secure way to view and manage your pension wealth. With the seamless integration between CRAs and DigiLocker, NPS subscribers can enjoy the benefits of digital document storage, enabling easy access to important financial records. Embrace the digital revolution and experience the ease and convenience of DigiLocker as you manage your NPS account effortlessly.

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Updated on:
March 16, 2024