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Friday 8 December 2017

PAN AADHAR linking with PRAN NPS

This has reference to the Circular (File No. PFRDA/17/08/11/0021/2017-SUP-SG) on the captioned subject issued by PFRDA on September 5, 2017 and received by CRA on October 6, 2017. A copy of the Circular and Amendments made under Prevention of Money-Laundering (Maintenance of Records) Second Amendment Rules, 2017 - Making Aadhar and PAN mandatory is enclosed for your reference.


As informed in the Circular, based on the notification dated June 1, 2017, issued by the Dept. of Revenue, Ministry of Finance, bearing No. GSR 538 (E) being the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2017, both Aadhaar and PAN have been made mandatory for existing and new accounts to be opened under NPS. Accordingly all existing and new Subscribers under NPS are required to submit their Aadhaar and PAN in the CRA System on or before December 31, 2017.

In view of the above, kindly note that,

·   Subscribers can seed their Aadhaar to their PRAN by logging into the CRA System. The option is available under Menu <> Update Details; Sub-menu <> Update Aadhaar/ Address Details.

·   Subscribers can update their PAN by submitting Form S2 (Subscriber Details Change) to their associated Nodal Office (PAO/ CDDO). Nodal Office can carry out necessary changes in the CRA system.


You are requested to disseminate the above information to your underlying PAOs/ CDDOs at the earliest so as to enable the underlying Subscribers to update their Aadhaar and PAN in the CRA System on or before December 31, 2017.

Regards,
Central Recordkeeping Agency (National Pension System)


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THE PAN, AADHAAR UPDATION FORM FOR NPS SUBSCRIBER



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