Can I open NPS account in SBI bank?

Can I open NPS account in SBI bank?

NPS accounts can be opened at Point of Presence-Service Provider (POP-SP) banks. SBI is one such bank that accepts the application form and the required documents, getting the subscribers registered with the Central Recordkeeping Agency (CRA) to generate the Permanent Retirement Account Number (PRAN).

How can I get NPS in SBI?

Online Mode: Subscriber may visit and click on ‘NPS Contribution’, which is available under ‘Payments/ Transfers’ menu. Offline Mode: Subscriber may visit nearest registered State Bank of India branch for NPS and submit NPS Contribution Instruction Slip (NCIS) along with the contribution amount.

Where can I open NPS account?

Opening an account online ( is easy, if you link your account to your PAN, Aadhaar and mobile number. You can validate the registration using the OTP sent to your mobile. This will generate a PRAN (Permanent Retirement Account Number), which you can use for NPS login.

Which bank is best for NPS account?

Best Performing NPS Tier-I Returns 2021 – Scheme E

Pension Fund Managers Returns*
SBI Pension Fund 19.78% 13.54%
ICICI Pension Fund 21.44% 13.90%
Kotak Mahindra Pension Fund 20.79% 13.96%
LIC Pension Fund 21.44% 13.90%

How do I open NPS in Yono?

NPS: How to register via SBI YONO

  1. To register visit: YONO App.
  2. Now tap on Investments.
  3. Select NPS Account Opening.

How can I apply for NPS?

  1. Go to the NPS website – ttps:// and click on the Register tab.
  2. An ‘Online Subscriber Registration’ form will appear.
  3. An OPT will be sent to your mobile number registered with Aadhaar.
  4. Once validated, your details and photo will automatically appear in the online form.

Can NPS be opened in post office?

NPS in Post office The post office has been authorized by the Pension Fund Regulatory and Development Authority (PFRDA) to act as a Point of Presence (POP). So, if you are looking to invest in the National Pension Scheme, you can visit the nearest post office and apply for the same.

Can I invest in NPS through HDFC Bank?

You need to make initial contribution of min Rs. 500. You will be directed to online payment platform wherein you will complete the payment through HDFC Bank NetBanking or payment gateway. On successful payment, 12-digit PRAN will be allotted to you and PDF form will be generated based on data given.

Can I open NPS through Icici Bank?

One can open an ICICI NPS account at any ICICI bank branch.

How can I open NPS account online?

To open the NPS account online, visit the PFRDA Website and follow these steps:

  1. Click on the ‘Registration’ and select ‘register with Aadhaar’ Option.
  2. Enter the Aadhaar Number and click on “Generate OTP” option.
  3. The OTP will be sent to your registered mobile number.

How can I apply for NPS online?


  1. Have the following ready. •
  2. Log on to NPS Trust website ( html )
  3. Enter your Aadhaar or PAN.
  4. Choose type of account.
  5. Key in OTP for authentication.
  6. Fill in personal details.
  7. Choose pension fund manager.
  8. Choose investment mode.

How to open a NPS account in SBI?

One can open an National Pension Scheme account with SBI through online and offline modes. Following are the steps for how to open NPS account in SBI: One needs to have a PAN Card, Aadhar Card, and passport size photographs to open a National Pension Scheme NPS in SBI.

Where do I go to open a SBI account?

Locate the nearest SBI branch and visit the branch for opening an NPS account. At the branch, you can get the NPS registration form which you should fill up and submit to apply for the opening of the NPS account.

Which is the best bank to open NPS account?

SBI is one such bank registered with PFRDA which is a POP for NPS applications. Some of SBI’s branches act as authorized POP Service Providers and you can visit such branches to apply for the opening of the NPS account. To find a list of SBI’s branches which serve as POP-SPs, you can use the link and enter in your State and City.

What are the benefits of State Bank of India NPS?

Following are benefits of having an State Bank of India National Pension Scheme: The NPS Scheme SBI allows its subscribers to choose the fund manager from the list of available pension fund managers. They also can change the fund manager if the subscriber is not happy with their performance. Investors can choose the mode of investment.