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Now, open Atal Pension Yojana account using Aadhaar e-KYC on PFRDA --Know how to do it online

Now, open Atal Pension Yojana account using Aadhaar e-KYC on PFRDA --Know how to do it online

Zee News
Friday, October 29, 2021 05:34:12 AM UTC

The total number of NPS and APY subscribers as of October 23, 2021 is 466.90 lakh.

New Delhi: Bringing the much needed comfort to subscribers who are looking to open Atal Pension Yojana (APY) account, Pension Fund Regulatory and Development Authority of India (PFRDA) has said that the process can be done online.

“As of now, the enrolment of Subscribers happens through physical, net banking or other digital modes provided by the respective APY-SPs (APY Service Providers). Now in order to further increase the outreach and simplify the process of Subscription, CRA (Central Recordkeeping agency) would be providing digital on boarding based through Aadhaar eKYC as an additional option. Aadhaar XML based on boarding has already been made available for the benefit of Subscribers. These processes are paperless," reads a PFRDA circular dated October 27. (Also read: Revision in Bank Family Pension, check details here )

As per PFRDA circular, based on Aadhaar e-KYC facility, if a person wants to open Atal Pension Yojana account, then he or she has to verify details with Aadhaar based e-KYC process online. The new Atal Pension Yojana subscribers can be onboarded by Central Recordkeeping Agencies (CRAs) through Aadhaar eKYC. For the CRAs, this will be an additional option.

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