How to Activate an NPS Level II Account Online (eNPS)
Step 1: Visit the eNPS website (https://enps.nsdl.com) and click “Level II Activation”
Step 2: Submit three required details to get OTP
Permanent Retirement Account Number (PRAN)
Date of birth (in DD/MM/YYYY format)
Permanent Account Number (PAN)
Step 3: Complete all the mandatory details online and make payment online (Minimum amount of Rs 1,000)
Step 4: Submit the auto-completed form with a copy of the PAN & Cancel check to NSDL-CRA.
How to Activate an NPS Level II Account via Nodal Office/POP
Step 1: Complete Annex I of CSRF-1
Step 2: Submit the application form along with the relevant document to your office/POP-SP
Step 3: Required Documents
- Annex I of CSRF-1
- Copy of the PRAN card
- Copy of PAN and canceled check
Step 4: Submit a minimum contribution of Rs. 1,000 and take an acknowledgment
NPS Level II Account Features
According to the NSDL e-governance website, these are the main features of the NPS Level II account.
1. No additional ARC fees for account opening and annual maintenance with respect to Tier II
2. Enjoy unlimited online withdrawals and get credit to your bank account as needed.
3. Separate Appointment in Level II Account
4. Contribute at the online account level at www.enps.nsdl.com or drop your contribution at any POP/POP-SP of your choice.
5. Separate Plan Preference for Level II
6. You can change Plan Preferences twice a year and Pension Fund Managers (PFM) once a year.
7. Two investment options
a. Active Choice-Individual funds (E,C,G assets)
b. Automatic Choice – Lifecycle Funds
8. Bank details are mandatory for opening a level II account (with canceled check sheet)
9. The minimum contribution amount is Rs.250
