Freezing & Unfreezing

Freezing of account:

As per the Offer Document issued by PFRDA, subscriber's account under "All Citizens of India" will be frozen if the minimum investment criteria are not met. The minimum investment criteria for freezing of PRANs as per the current guidelines are mentioned below:

Tier I

• A subscriber is required to make at least one contribution transaction in a financial year.
• For subscribers not opting for Swavalamban Yojana, total investment done in a financial year (after deducting PoP charges) should be more than or equal to Rs. 5724/-.
• For subscribers opting for Swavalamban Yojana, total investment done in a financial year (after deducting PoP charges) should be more than or equal to Rs. 1000.

Tier II

• A subscriber is required to make at least one contribution transaction in a financial year.
• The minimum account balance (value of holdings) at the end of the financial year (March 31st) should be Rs 2,000.
• Further if a Tier I for a PRAN is frozen, the Tier II account is also kept in Freeze status even if it meets the required criteria.

Process for Account Unfreezing:

Subscriber shall submit a duly filled physical request as per the format prescribed by PFRDA (Annexure-UOS-S10A) to the associated PoP-SP only. PoP-SP can check the total unfreeze amount payable by the subscriber using the : Subscriber Details Unfreezing option under the User Maintenance menu in CRA system (www.cra-nsdl.com). The unfreeze contribution amount paid by the subscriber after deduction of the PoP charge needs to be greater than or equal to the total unfreeze amount provided in the CRA system. For latest guideline on minimum unfreezing amount, please click here

STEPS TO Join NPS

Procure your Permanent Retirement Account Number (PRAN) application form

"As a Subscriber between the age brackets of 18 to 60 years of age, you can procure your PRAN application form from any of the Point of Presence - Service Providers (POP-SP) you wish to register with. You can also procure the PRAN application form from our website by clicking here."

"You have to ensure that your PRAN application form is filled up i.e. photograph, signature, mandatory details, scheme preference details etc and also submit KYC documentation with respect to proof of identity and proof of address. For detailed information on NPS, please refer to the offer document prescribed by the Pension Fund Regulatory and Development Authority (PFRDA)."

Submit PRAN application form to your nearest Point Of Presence - Service Provider (POP-SP)

You can go to your nearest POP-SP and submit the PRAN application along with the KYC documents. PRAN card will be sent to your correspondence address by CRA.

Track your PRAN application

At the time of submission of the PRAN application, POP-SP shall give you a receipt number. You can track the status of your PRAN application by entering the receipt number in the following link:https://cra-nsdl.com/CRA/pranCardStatusInput.do

Submit your first Contribution Slip

You are required to make your first contribution (minimum of Rs 500) at the time of applying for registration to any POP-SP. For this, you will have to submit NCIS (Instruction Slip) mentioning the details of the payment made towards your PRAN account.