NPS New Rules: Now investing in NPS will be safe, PFRDA has made these changes in the rules...
NPS Rule- Pension Fund Regulatory and Development Authority (PFRDA) has once again made some changes in the rules of NPS this month. To make investment in NPS safe, from time to time the Pension Fund Regulatory and Development Authority changes the rules for contribution to the National Pension System so that investors' money remains safe. In this series, two-factor Aadhaar authentication has been approved by PFRDA. It is being implemented from April 2024.
Know what is two-factor Aadhaar authentication?
Under two-factor Aadhaar authentication in NPS, Aadhaar OTP will be used along with the password while logging into the NPS account through the CRA system. With this, the security of the NPS account will increase significantly compared to before and the risk of fraud will also reduce.
What are the benefits of two-factor Aadhaar authentication?
Let us tell you that the purpose of connecting the OTP-based authentication system of Aadhaar with the CRA system of NPS is to make the login system stronger than before. The introduction of two-factor Aadhaar authentication will completely prevent unauthorized login through the CRA system. PFRDA said this will protect the interests of subscribers and all stakeholders.
Know how you can use it?
For this, first of all, you have to go to the NPS website.
For this, you will have to go to 'Login with PRAIN/IPIN'.
You have to go to the 'PRAIN/IPIN' tab. Now a new window will open.
Enter your User ID and Password here.
After this enter the captcha.
You will see the option of Aadhaar authentication. Perform authentication by entering the Aadhaar number here.
Now you can access your NPS account.
NPS account will be locked
If you log into your NPS account using the wrong password (Wrong password in NPS account) and enter the wrong password five times consecutively, your account may be locked. Then by changing the password, you will have to unlock the NPS account.
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