PRAN Card
5paisa Research Team
Last Updated: 02 Jan, 2025 03:59 PM IST

Content
- Introduction
- What is PRAN Card?
- How to Apply for a PRAN Online?
- How to Apply for PRAN Card Offline?
- Documents Required for PRAN Card Application
- NRI PRAN Card Application Process
- Steps to Login to PRAN Card Portal for NPS
- How to Track the Status of your PRAN Card Dispatch?
- How to Activate your PRAN Card
- How to Print e-PRAN?
- How to Check PRAN Card Balance?
- How to contact PRAN Card Customer Care?
- Can I Have More Than a Single PRAN Card?
Introduction
The Permanent Retirement Account Number (PRAN) is a unique 12-digit account number assigned to each individual who joins the National Pension System (NPS). It serves as an identification for existing and new subscribers while providing them access to their pension funds throughout their lifetime. The PRAN card issued by the Nodal Agency, NSDL e-Governance Infrastructure Limited (NSDL e-Gov), is a physical card bearing the PRAN and other relevant details. It helps securely access the subscriber's pension account, giving them easy access to funds. In this article, we will discuss the PRAN card's features, functions, and benefits.
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Frequently Asked Questions
No, a Tier-II account cannot be opened without first having an active Tier-I account. It is mandatory to open a Tier-I account before opening a Tier-II NPS account to avail the benefits of this scheme.
No, a Tier-II account cannot be opened without first having an active Tier-I account. It is mandatory to open a Tier-I account before opening a Tier-II NPS account to avail the benefits of this scheme.
No, an individual cannot have more than one PRAN card. A single PAN number is provided to each citizen, and all records related to the National Pension Scheme are linked with that PAN number. Hence, an individual can't have more than one PRAN card.
No, an individual cannot have more than one PRAN card. A single PAN number is provided to each citizen, and all records related to the National Pension Scheme are linked with that PAN number. Hence, an individual can't have more than one PRAN card.
Yes, you can have both NPS and Provident Fund accounts. However, contributions to both these accounts will be subject to the applicable limits under the Income Tax Act of 1961. The deduction amount that can be claimed under Section 80C towards payment of premiums for life insurance policies, provident fund contributions, and public provident fund contributions cannot exceed Rs. 1,50,000 in any one financial year. This limit also applies to contributions made to the NPS as well.
Yes, you can have both NPS and Provident Fund accounts. However, contributions to both these accounts will be subject to the applicable limits under the Income Tax Act of 1961. The deduction amount that can be claimed under Section 80C towards payment of premiums for life insurance policies, provident fund contributions, and public provident fund contributions cannot exceed Rs. 1,50,000 in any one financial year. This limit also applies to contributions made to the NPS as well.
No, it is not mandatory to have a PRAN Card. However, having one makes it easier for you to keep track of your contributions and transactions, which were done using this PRAN card, add/ modify bank information, etc. It also serves as an identity document for tax filing purposes.
No, it is not mandatory to have a PRAN Card. However, having one makes it easier for you to keep track of your contributions and transactions, which were done using this PRAN card, add/ modify bank information, etc. It also serves as an identity document for tax filing purposes.