• Skip to main content
  • Skip to primary sidebar
  • Home
  • Aicpin
  • Recent Post
  • Pay Matrix
    • Defence Personnel
      • MNS Officers
  • Recent Govt Orders
    • Dopt orders
    • Finmin orders
  • DA From January 2021
  • Holiday list 2020
Govtempdiary

Govtempdiary

Govtempdiary is leading Central government employees news provider

You are here: Home / CGE LATEST NEWS / PFRDA  Circular – Exit through self-authorization by e-NPS subscribers
This image has an empty alt attribute; its file name is b_new.gif Railways:Regarding Ex-gratia payment Rs.25,00,000
This image has an empty alt attribute; its file name is b_new.gif AICPIN for the month of November 2020
This image has an empty alt attribute; its file name is b_new.gif LTC cash voucher scheme Calculator
This image has an empty alt attribute; its file name is b_new.gif Expected DA from January 2021 Calculator
This image has an empty alt attribute; its file name is b_new.gif List of Kendriya Vidyalaya Schools 2021

Quick links
Hot newsDopt orders
Recent govt ordersRecent post

PFRDA  Circular – Exit through self-authorization by e-NPS subscribers

December 26, 2020 selva

PFRDA  Circular – Exit through self-authorization by e-NPS subscribers

Circular

Circular No.: PFRDA/2020/54/SUP-CRA/23

Date: December 22, 2020

To,

All Stakeholders under NPS

Subject: Exit through self-authorization by e-NPS subscribers

PFRDA vide its earlier circular dated 4th September 2017 No.PFRDA/17/01/08 /0001/2017-SUP-CRA had allowed exits from NPS based on ‘Self Authorization by the Subscribers themselves using Aadhaar if the corpus in their Account was up to Rupees Five lacs. This mode was disabled post SC Judgement on Aadhaar e KYC. However post launch of Off line Aadhaar. PFRDA has digitally enabled opening of NPS accounts by using Off line Aadhaar with the explicit consent of the prospective Subscribers which offers instant account opening experience to such Subscribers.

2. It has now been decided by PFRDA to make the exit process more agile and seamless by extending the off line Aadhaar for the purpose of self-authorizing the exit requests of e NPS Subscribers. Under the process, the eNPS Subscribers with a corpus up to Rs.10 lacs (Rupees Ten Lacs) in their NPS Accounts, can furnish their off line Aadhaar details for the purpose of exit, in compliance with PFRDA’s exit regulations.

3. In addition, for eNPS Subscribers whose corpus is more than Rs.10 Lacs (Rupees Ten Lacs) as well as for the subscribers who are associated to POPs (Points of Presence) an online platform has recently been enabled. In this process, the exit requests of All citizen/Corporate sector subscribers would be verified by POPs, while exits of enps subscribers (not associated to any POP) would be verified by their respective banks which are registered as POPs with PFRDA.

4. The process of Self Authorization using Off line Aadhaar is given at the Annexure Central Record Keeping Agencies (CRAs) are advised to make available the feature at the earliest in the interest of Subscribers.

5. This circular is issued under Section 14 of PFRDA Act 2013 is available at www.pfrda.org.in and its contents overrides the provisions laid out on the subject by PFRDA vide its Circular No. PFRDA/17/01/08/0001/2017-SUP-CRA dated 4th Sep 2017.

(K Mohan Gandhi)
General Manager

Annexure
(Exit process flow through Self-authorization by e-NPS subscribers)

1. Subscribers login into CRA system using their PRAN and I-PIN.

2. Select Exit menu and provide the details viz Allocation of corpus, Annuity Service Provider (ASP) details, Annuity Scheme etc.

3. Bank Details will be shown in non-editable mode. Other details such as subscriber name, gender, father name, address details will be auto-populated in non-editable mode.

4. Document Upload : Subscriber will upload KYC documents, Withdrawal Documents, Bank Proof etc.

5. e-sign Authentication : After providing all the details, Subscriber will request do the e-sign.

6. Generation of Acknowledgement ID: On submission of the Exit request and Acknowledgment ID will be provided to the subscriber.

7. Self-authorization option: If the corpus is below Rs.10 lacs, then Self-Authorization option will be provided to the subscriber.

8. If subscriber opts for Self-Authorization, below process will be followed:

a. Subscriber will download the Offline Aadhaar XML File from UIDAI website. UIDAI Link and help page will be provided to the subscriber for download of Offline Aadhaar XML File.

b. Upload the Offline Aadhaar XML file in CRA system and provide the Aadhaar Share Code, Mobile Number and Email ID.

c. CRA system will validate the Aadhaar Share Code and Mobile Number with the Offline Aadhaar XML file.

d. Subscriber name in CRA records should match Aadhaar.

e. After successful validation, self-authorization withdrawal request will be accepted in CRA system for execution.

f. ‘Instant Bank Acct verification’ through penny drop shall be undertaken by CRAs and the cost shall be bome by the respective subscribers.

9. CRA system provides the subscriber’s details to concerned ASP.

10. ASP will issue the annuity policy to the Subscribers and will upload the Annuity details in CRA System.

Signed Copy

Related posts:

  1. PFRDA: Enabling NPS Subscribers to continue PRAN in case of premature exit
  2. Additional Modes of e-NPS exit- PFRDA
  3. Enabling Aadhaar based offline paperless KYC verification process for NPS On-boarding – PFRDA
  4. PFRDA Circular – Voluntary exit under Atal Pension Yojana
  5. Subscribers to NPS to Now have Choice of Annuity Service
  6. Empanelment of Annuity Service Providers (ASPs) for National Pension System (NPS) for providing annuity services to the subscribers of National Pension System
  7. PFRDA : e-Nomination facility for NPS subscribers
  8. NPS withdrawal process at the time of difficulties caused by Covid 19 pandemic : PFRDA
  9. NPS on- boarding through Aadhaar based offline paperless KYC verification(PFRDA)
  10. Authorization of CSRF by employer – PFRDA
  11. Choice of CRA Selection by NPS subscribers : PFRDA
  12. Reactivation of PRAN post exit from NPS
  13. D Remit- Empowers NPS Subscribers with another Convenient mode of depositing Voluntary NPS Contributions – PFRDA
  14. Master Circular on Product design and Exit from National Pension System (NPS)
  15. PFRDA : FAQs On Exit from NPS for State Government Sector (SG) and State Autonomous Bodies (SABs)
  16. Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber
  17. PFRDA : FAQs On Exit from NPS for Central Government Sector (CG) and Central Autonomous Bodies (CABs)
  18. 1.15 Crore Subscribers for National Pension System (NPS) as on 23.1.2016
  19. Withdrawal process/Exit Guidelines for NPS employees
  20. New Benefits announced for NPS Subscribers in Union Budget 2017-18

Filed Under: CGE LATEST NEWS December 26, 2020 Leave a Comment

LTC cash voucher scheme 2020
LTC cash voucher scheme 2020

PIB – “Pension Payment Order” (PPO) promises ease of living for senior citizens: Dr Jitendra Singh

January 18, 2021 By selva 1 Comment

“Pension Payment Order” (PPO) promises ease of living for senior citizens: Dr Jitendra Singh Ministry of Personnel, Public Grievances & Pensions Posted On: 17 JAN 2021 5:16PM by PIB Delhi Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh […]

Finmin Order – Standard Operating Procedure for Redressal of Public Grievances

January 18, 2021 By selva Leave a Comment

Finmin Order – Standard Operating Procedure for Redressal of Public Grievances File No. M-51011/1/2020-CDN-CGA/1066Ministry of FinanceDepartment of Expenditure,Controller General of Accounts Mahalekha Niyantrak BhawanE-Block, GPO Complex, INA, New DelhiDated 13th January,2021 OFFICE MEMORANDUM Subject: Standard Operating Procedure for Redressal of Public Grievances-reg. In order to enhance the effective grievance redressal mechanism in the CGA office, […]

PCDA – Functioning of office with 100% strength

January 13, 2021 By GEDWEBZIP Leave a Comment

All the officers and staff members will attend their respective offices with 100% strength. It is reiterated that instructions on COVID-19 protocol and preventive measures issued by MHA and Ministry of Health and Family Welfare from time to time must be strictly complied with

CPAO : Submission of Life Certificate by NPS-AR pensioner through Jeevan Pramaan

January 13, 2021 By GEDWEBZIP Leave a Comment

Submission of Life Certificate has been developed in Jeevan Pramaan for NPS-AR pensioners and this interface is now live for submission of Digital Life Certificate (DLC) through Jeevan Pramaan

High Court Order : Freezing of Industrial Dearness Allowance w.e.f. 01.10.2020

January 9, 2021 By GEDWEBZIP Leave a Comment

Regarding freezing of Industrial Dearness Allowance w,e.f. 01.10.2020 in respect of Executives and Non-Unionised Supervisors of CPSEs following IDA pay pattern

Grant of Advance – Special Festival Package(10,000/-) to Govt Servants

January 7, 2021 By GEDWEBZIP Leave a Comment

Grant of Advance – Special Festival Regarding an Interest Free Advance of Rs 10,000/- on account of Special Festival Package and Application For claiming Special Festival Package

Interest rates for National (Small) Savings Schemes – SB Order No. 38/2020

January 6, 2021 By GEDWEBZIP Leave a Comment

The rate of interest on various Small Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2020-21 (starting from 1st January, 2021 and ending on 31th March, 2021)

Grant of Pongal Prize to ‘C’ and ‘D’ Group Pensioners/All Family Pensioners – TN Govt Order

January 5, 2021 By GEDWEBZIP Leave a Comment

This order shall also be applicable to all ‘C’ and ‘D’ Group provisional pensioners. The Pongal Prize amount shall not be admissible to those employees who retire on or after 04-01-2021

Adhoc Bonus for Pongal festival 2021 – TN Govt Order

January 5, 2021 By GEDWEBZIP Leave a Comment

The Ad-hoc Bonus shall be computed on the basis of actual emoluments as on 31st March 2020. The amount of ad-hoc bonus shall be calculated as if monthly emoluments were Rs.3,000/- per month

More Posts from this Category

List of Holidays during the year 2021 for central government offices in Tripura

Regarding list of public and restricted holidays during the year 2021 for central government offices located in Tripura

Holiday list in the State of Haryana during the Calendar year 2021

Holiday list both public holidays and restricted holidays in the State of Haryana during the Calendar year 2021, dated December 3, 2020

Recent comments

  • Gopalaswamy Honnavalli on PIB – “Pension Payment Order” (PPO) promises ease of living for senior citizens: Dr Jitendra Singh
  • Anonymous on Annual increment while on leave 1st July 2020
  • Amit kumar das on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis
  • Anonymous on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis
  • Sujit Kumar Rai on LEAVE RULES
  • sujit kumar rai on LEAVE RULES
  • Davinder on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis
  • Davinder on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis
  • Davinder on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis
  • Davinder on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Search

calcuators

  • Expected DA Calculator January 2021
  • HRA calculator 2020 (DA>25%)
  • Tax benefit calculator 2020
  • Expected DA For Bank Employees From November 2020
  • 7th pay commission calculator [updated]
  • Promotion/MACP Option form Calculator
  • 7th Pay Commission Pension Calculator
  • Bonus Calculator 2020
  • LTC Leave Enhancement Calculator For Block Year 2018-2021
  • LTC cash voucher scheme Ready reckoner

Pay Matrix table

  • Defence Personnel
  • MNS Officers
  • Tamil nadu
  • Rajasthan
  • Odisha
  • Gujarat
  • Haryana
  • Jharkhand
  • Madhya Pradesh
  • Nagaland
  • Tripura
  • Uttrakhand
  • Assam
  • Bihar

CSD Price list

  • CSD Car Price List 2021
  • Maruti Suzuki CSD Car Price List 2021

KVS Schools list

  • List of Kendriya Vidyalaya Schools
Copyright© 2010–2021

Central Government Employees News - Govtempdiary