Clarification on Queries

Clarifications  given by PTC Mysore:

1. Is age proof compulsory for opening a NPS account ?

Age proof is compulsory.

2. What is the Procedure to close a NPS account. ?
 Tier I account is an non withdrawal account.  It can be closed only on maturity at the age of 60 years.  For Tier II NPS account holder has to make an withdraw transaction and submit a application UOS - S12 for withdraw.

3. if an nps acnt has been canvassed by the mktg executive, is the presence of the customer at the counter necessary??
 Concerned POP - SP has to decide. 

4. While registering the NPS application form (UOS N2)to PTC Mysore,we ver not entered the bank account details as per the instruction from CO. Now we received email from PTC Mysore saying that they rejected our application because of not filling the bank account details. we ve not recieved the MICR code yet. please suggest a solution

Bank details is mandatory.  If your office is having account with nationalized banks it will be having MICR code.  Please check with your Banker.

5. Do both Anexxure S1 and UOS-S10 required for opening a NPS accont ?



The details of application with nos and its usage has been provided in SOP available in ftp://ptcinfo.org and also in CRA site. Please go through it.

6. Where did the HOs get the email Ids related  NPS.

All the HOs were provided with indiapost.gov.in email IDs for which CRA will send the information

Revised Instructions and Action Points for NPS

Guidelines issued by Directorate regarding the operation of New Pension Scheme Account in Head Post Offices.

Download


1. NPS Action Points Download


2. POP-SP Regn No and CFC Codes - Download

3. List of HOs not submitted the POP_SP Regn Application Form physically to PTC Mysore.

157	KERALA		Alathur Mbr H.O
158	KERALA		Aluva H.O
159	KERALA		Attingal H.O
160	KERALA		Chalakudi H.O
161	KERALA		Ernakulam H.O
162	KERALA		Kannur H.O
163	KERALA		Karunagappaly H.O
164	KERALA		Kottayam H.O
165	KERALA		Kunnamkulam H.O
166	KERALA		Muvattupuzha H.O
167	KERALA		Ottapalam H.O
168	KERALA		Palai H.O
169	KERALA		Perumbavoor H.O
170	KERALA		Taliparamba H.O
171	KERALA		Thrissur H.O
172	KERALA		Tirur(kerala) H.O
173	KERALA		Vaikom H.O
174	KERALA		Wadakanchery-TC H.O

4. List of HOs not configured correctly in MM Point of Sale.

66	KERALA	IRINJALAKUDA	CHALAKUDI
67	KERALA	KOTTAYAM	PALA HO
68	KERALA	KOTTAYAM	VAIKOM HO
69	KERALA	MAVELIKARA	MAVELIKARA HO
70	KERALA	PATHANAMTHITTA	PANDALAM

Guidelines Regarding Operation of NPS accounts in PO

Initial Procedures:
Subscriber should submit the following forms with Appropriate documents.
For Tire I account opening:
1. UOS-S1 (If the subscriber requres one copy of this form, then he may fill another UOS-S1 form Or make a photostat copy of it and it should be attested by the post office and return back to the customer.)
2. The NCIS form should be properly Filled.
3. Customer should bring 2 set of KYC documents (ID proof and AddressProof).
4. While filling the UOS-S1 form page 3 and page 4 can be omitted.
5. Customer has to sign in page 5 of UOS-S1.
6. Post office has to fill the details like registration no, kyc compliance etc in page 5 & 6.

For Tire II Opening:
1. Bank details are mandatory.
2. Customer should submit a cancelled cheque of the Bank.
3. Can not use POSB account for Tier II Activation.
4. If already got the PRAN card, it should be brought for activating tire II account.

Processing of Forms:
1. Post Office should send the Forms on daily basis to Nearest CRA-FC.
2  A.Maximum of 50 forms in a lot.
3. It should be accompanied by a covering letter.
4. Covering letter should be serially numbered and continous.
5. NCIS form and one set of KYC documment should be kept in Post office.
5. Receipt should be printed in duplicate.
6. One receipt should be given to the Customer and the other one should be pasted in NCIS.
7. If the customer requests for one copy of UOS-S1 form,  give a fotostat copy of that form.
8. PRAN form is not Required, UOS-S1 is sufficient.

Download Covering Letter here

Verification of Forms:

Regarding Filling Scheme info in Application Form

From CRA.NSDL Website:
As per the present guidelines of Pension Fund Regulatory and Development Authority(PFRDA),contribution towards pension will be invested in the default Schemes termed Scheme of various Pension Fund Managers in the proportion of 85% in fixed income instruments and 15% in equity and equity related instruments. Hence, in the application form for PRAN,the details of the schemes need not be mentioned.

New Pension Scheme AD-Banner

Designed by Technology Wing, O/o PMG, Northern Region, Calicut

Clarification regarding sending NPS forms to CRA-FC on a daily basis

Processing of NPS Forms:

(i) The Supervisor of the Post Office shall submit all such accepted application forms (including supporting documents) on a daily basis, to designated CRA/CRA-Facilitation Centre (FC) for digitization by hand under receipt/registered post with AD where the Post Office and the CRA-FC are co-located.

(ii) Where the Post Office and CRA-FC are not co-located, the former shall transmit the documents (original application form along with documents) to the nearest CRA-FC or CRA in Mumbai, by registered post.
For this purpose, at the time of POP registering with CRA, the latter shall map Post Offices to nearest CRA-FC location. Record of dispatch of documents will be kept in the post office.”

It has come to the notice of Directorate that some postmasters are retaining the NPS forms in post offices for more than one day and then sending to the CRA-FC only when they have got 50 forms. It is once again clarified that no form should be retained in the post office even for a single extra day; whatever number of forms is collected must be sent to the CRA-FC on the next day without nay delay.

Clarifications Regarding NPS Operatins

Q: A Subscriber has to deposit 4 times in a year for Tier I account. Can he Deposit it in one day?

Ans: No. In a day only one deposit is possible.

Q: Where we can check the status of PRAN Card ?

Ans: All the details are available in nsdl website http://www.npscra.nsdl.co.in/. Pleae visit the site for updates regarding NPS news.

        1. To Check the status of the PRAN Card  Visit Here
        2. To Check Status of Subscriber Registration /Contribution invested through Receipt - Here
        3. Track the status of PRAN application No Here
       
Q: What is the Address of CRA-FC centre at Cochin ?

Karvy Data Management Services LtdG 39,
Panmpally Nagar,
Manorama Jn,
Opp Kerala State Housing Board Kochi Kerala
682036
Tel - 04842316406

Ask Your doubts in the comments Section.