NPS REGISTRATION AND REMITTANCE TECHNICAL GUIDELINES

SAS GOVT BUSINESS NPS ALL CITIZEN MODULE

1. Branch has to obtain the duly filled Registration form (CSRF) along with mandatory
enclosures from the customer.
Enclosures are:
• Cancelled cheque-1
• Bank statement (last 3 months) attested by branch official
• Self attested PAN card copy
• Self attested address proof
Branch has to verify
 One sided printout of the registration form (CSRF)
 Verify that there are two signatures of the subscriber in page no.3& 4 of
Registration Form (CSRF).
 Use black ink to fill and sign the form.
 Check the instructions given in the CSRF Form.
2. In SAS package under GOVT. BUSINESS NPS ALL CITIZEN MODULE
Enter the details in APPLY ON BEHALF OF APPLICANT tab in Teller ID. Reference number
will be generated. (Note down the same)
3. Teller (SWO) has to verify the application in VERIFY APPLICATION tab with the
subscriber reference number
4. Authorizer (OFFICER OR ABOVE) has to authorize the application in AUTHORIZE
APPLICATION tab
5. Teller has to upload the PHOTO and Signature of the subscriber under UPLOAD
PHOTO&SIGN after NPS application authorization.
6. Authorizer has to verify the same in AUTHORIZE PHOTO & SIGN tab
7. Authorizer has to Assign PRAN number in ASSIGN PRAN tab
8. PRAN number has to be noted down in the application.
9. PRAN will be activated at NSDL platform and customer will be informed for the same
by message/e mail by NSDL.
10. After generation of the PRAN subscribers can make payment.
11. The hard copy to be preserved at the Branch

“New Registration Fees Rs.200/- + GST 18% = Rs.236/- by debiting Subscriber Account
and credit to - Commission - Govt. Business and in the narration mention
as "NPS PRAN No..............................REGISTRATION".
NPS Subscription Remittance (Initial /Subsequent Contribution):

 Online: Option available for the subscriber through our Internet Banking or NPS
website.
www.npscra.nsdl.co.in

 Offline: Sent IBA to DP Code: 00049(HO- Govt Business Section)

Debit customer account with Contribution Amount + Commission (0.25% of

contribution amount) + GST on Commission 18% (Minimum Commission - Rs.20/- and
maximum - Rs.25000/-).
Sent contribution amount through IBA/DP Code: 00049 and credit the commission
amount to GL - Commission - Govt. Business and in the narration mention as "NPS PRAN
No.................. CONTRIBUTION".

IBA Narration: Contribution Amount, PRAN NO and Customer Name

Eg: If contribution amount is Rs.1000

Commission: 20(Minimum amount)
GST on Commission: 3.6
Total amount has to debit from customer account is Rs. 1000+20+3.6 = 1023.60

Sent IBA of Rs.1000 to DP Code: 00049 and Rs.23.60 Credit the income GL and account
3.6 as GST on Commission.

NPS can be opened/contributed through ONLINE

Refer Circular 225/2019.