PFRDA ROLLS-OUT AADHAR POWERED DIGITAL ON BOARDING INTO APY THROUGH
ENPS PLATFORM
Press Information
Bureau
Government of India
Ministry of Finance
10-October-2017 12:54
IST
PFRDA rolls-out Aadhar Powered
Digital on Boarding into APY through eNPS platform for wider reach; Benefits of
APY@eNPS include paperless registration; No need to visit Bank Branch & to
have Banking Id and 24*7 Online En-rollment at the customer's convenience.
Pension Fund Regulatory and
Development Authority (PFRDA) has embarked upon several digital friendly steps
for extension of the benefits of APY to the citizens of India. PFRDA has
developed the process to offer APY enrolment through eNPS platform for wider
reach. Under this channel a complete end to end digital environment for
subscription is enabled without submission of physical form at the convenience
of the customer without visiting bank or post office.
So far APY is available for
subscription through Banks, BCs and through internet banking. Now, APY is
available on eNPS platform and any eligible Indian citizen can enroll through
the APY@eNPS channel by visiting www.enps.nsdl.com. The customers of the Bank
can visit eNPS portal and submit Aadhaar/ Bank Name and Savings Bank Account
Number to join the scheme. The benefits of APY@eNPS are:
• Paperless registration
• No need for visiting Bank Branch.
• Online enrollment can be made 24*7 at the customer's convenience.
• No Need for having internet banking Id.
Punjab National Bank
is the first Bank to operationalize APY@eNPS and quite a few other banks are
expected to launch this platform shortly offering Aadhaar enabled APY
enrollment.
Any person in
the age group of 18 to 40 years with a savings bank account and Aadhaar can
register for APY by providing the minimum information in the APY@eNPS portal as
rest of the information will be auto populated from the respective bank. This
new feature not only makes it easy for the subscriber to join the APY but also
reduces the workload for the Banks/Postal Branch which are implementing the
APY.
DSM/KA
(Release ID :171551)PIB
No comments:
Post a Comment