NPS Nominee Change Process: Big news! Now change the name of the nominee in NPS account sitting at home, know this easy process

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NPS Changes Update:
NPS Changes Update:
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NPS account online: National Pension System (NPS) is a government-supported pension scheme. Due to which people get tremendous benefit.



NPS account online: There is an important news for the account holders of NPS-National Pension Scheme-. National Pension System (NPS) is a government-supported pension scheme. Due to which people get tremendous benefit. Account holders of National Pension Scheme can now change their nominee sitting at home. Whereas earlier any member had to physically present to change the nomination details. In such a situation, the work of the account holders has become easy now.

National Pension Scheme is a pension cum investment scheme, which was started by the Government of India to provide old age security to the citizens of India. Any Indian citizen can take advantage of this. In this, you can make your nominee your life partner (husband / wife), your child, your parents, any other family member or a special friend of yours.

This is the way to change nomination online

  • For online change in nominee, NPS subscribers can access their CRA system with login credentials.
  • After that select the option ‘Update Personal Details’ under the ‘Demographic Changes’ menu.
  • The subscriber will then have to select the option to add/update the nominee details.
  • Thereafter, the NPS subscriber will have to submit details such as the name of the nominee, relationship with the nominee and percentage share.
  • Once the details are saved and confirmed, the subscribers will receive an OTP on the registered mobile number.
  • Submit this one-time password (OTP).
  • Thereafter the Subscriber will be required to authenticate the changes by selecting the E-Sign option.
  • The customer will be taken to the e-signature service provider for e-sign where he will have to enter the Aadhar/Virtual ID and click on send OTP.
  • OTP will be sent to the mobile number registered with UIDAI.
  • Subscriber has to submit OTP and click on Verify OTP.
  • After verification, the nominee details will be updated in the NPS record.
  • If that e-sign fails, the subscriber will have the option to update the nomination as per the existing physical process.

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