PFRDA: Now getting on board without any paper in any government scheme will be easier than before. Making the paperless on-boarding process easier, pension fund regulator PFRDA said that documents for joining its scheme can be submitted through central KYC of the government.
will not have such trouble
Central KYC (CKYC) is a government initiative that saves users the hassle of having to do KYC repeatedly to avail services from financial sectors that come under different regulators. You will not need to do KYC before availing any financial service. You just have to do CKYC once.
service is available here
Pension Fund Regulatory and Development Authority (PFRDA) facilitates digital onboarding for its pension plans under National Pension System ( NPS ) through documents already issued through DigiLocker, Aadhaar eKYC, PAN or bank account information .
online service
In a series of digital initiatives as part of Azadi Ka Amrit Mahotsav to mark 75 years of India’s Independence, PFRDA said that potential customers have been given another option to open NPS account through CKYC which is online and paperless. Is.
It will be easy for customers
CKYC is managed by the Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI). It is an authorized Central Government entity to function as the Central KYC Registry (CKYCR). PFRDA said that the objective of CKYCR is to simplify the process of account opening with financial service providers and save investors from the hassle of preparing and verifying KYC documents every time.
