PRAN Card Details

PRAN, the Permanent Retirement Account Number was introduced in 2004, when the central government launched national pension scheme. The programme is essentially for the central administration employees admitted after 1 Jan 2004. These employees automatically enrol to National Pension system where they are offered a PRAN.

How to Apply for PRAN?

The PRAN is applicable only for central or state government employees. They can get there PRAN registered by the National Securities Depository Limited (NDSL). The registration can be made on the official website of NDSL by downloading and filling up the form. Further, these applications are yielded to their respective administration officer who transferred the application to Central Record Keeping Agency (CRA).

Only the subscribers registered with CRA and Drawing and Disbursing Office (DDO) can get the PRAN. They require firstly registering with CRA and then with DDO. Anyone within the age of 18-60 can apply for the same.

How to apply for PRAN online?

There are 5 sections one has to fill up. One has to fill in the Personal information of the subscriber, Employment details, Nomination particulars of the customer, scheme specifics and declaration of T-PIN and I-PIN along with the application. Other obligatory facts to be given include Personal information, employment details, and bank details. However, if you do not have a bank account, you can make a declaration saying the same would be provided within 6 months.

There are furthermore optional requirements like PAN card information, scheme preference, etc. One has to fill in these details during the registration itself. If you do not choose your plan, the default scheme will be applicable. The plan is held by Pension Fund Regulatory and Development Authority (PFRDA).

Thus, PRAN is one of the essential components of savings for the government employees for a secure future.