3 hrs ago
Tatkal NPS Launches on BHIM App for Faster Account Opening
PFRDA has added a faster way to open a pension account using the BHIM Payments App.
This service is called Tatkal NPS.
Eligible customers first enter their date of birth.
They then choose their bank account and make a contribution.
The service currently works for customers of five listed banks.
PFRDA says users do not need paperwork for this digital process.
It also says KYC and PRAN generation happen quickly.
Users can start with a minimum contribution of ₹250.
PFRDA has launched Tatkal NPS on the BHIM Payments App for eligible bank customers.
Users can open an NPS account in three steps: enter their date of birth, select their bank account, and contribute.
The facility is currently available to customers of State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and IndusInd Bank.
PFRDA says the digital process offers no paperwork, instant KYC, quick onboarding, and instant PRAN generation.
The minimum initial contribution is ₹250, allowing users to begin an NPS account through the app.
- Who
- The Pension Fund Regulatory and Development Authority and eligible customers of participating banks.
- What
- Tatkal NPS has launched on the BHIM Payments App, allowing users to open National Pension System accounts digitally.
- Where
- On the BHIM Payments App.
- When
- The facility is now live, according to PFRDA's announcement.
- Why
- To make NPS account opening faster, simpler, and more digital for eligible bank customers.
Key facts
- Service
- Tatkal NPS on the BHIM Payments App
- Provider
- Pension Fund Regulatory and Development Authority (PFRDA)
- Opening process
- Enter date of birth, select a bank account, and make a contribution
- Eligible banks
- State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and IndusInd Bank
- Minimum contribution
- ₹250
- Documentation
- No paperwork and instant KYC, according to PFRDA
- Account identification
- Quick onboarding and instant Permanent Retirement Account Number (PRAN) generation
Quotes
PFRDA
India’s Pension Fund Regulatory and Development Authority
“Tatkal NPS is now LIVE on the @NPCI_BHIM Payments App! Opening your NPS Pension Account is now simpler and faster.”
livemint.com
“Take the first step towards building your retirement corpus with NPS.”
livemint.com
Sources
Related news
NPS PoP Charges Standardized From October 1, 2026
PFRDA Plans Mobile Pension Accounts and New Retirement Products
PFRDA Proposes Wider Digital Access and PoP Accountability Rules
PFRDA Taps Mutual Fund Distributors to Expand NPS Reach
PFRDA Explains NPS Rules for Indians Moving Abroad
Best Apps for Opening NRI Demat Accounts in India
Zeta Targets Global Profitability as Overseas Business Scales
HDFC Bank Shortlists Two Unnamed CEO Candidates as Stock Falls
Sumeet Bagadia names three stocks under ₹100 with targets
RBI Lists Four Bank Closures Across India This Week
