You as a NPS subscriber will be required to share the bank details and mobile number to your central record keeping agency (CRA). This is because the Pension Fund Regulatory and Development Authority (PFRDA) has made it mandatory that bank account details and mobile number should be furnished by NPS subscribers.

This has been mandated to provide ease of operation for the benefit of subscribers and make the process of exit from NPS hassle free, an official release said.

Further, PFRDA has made Foreign Account Tax Compliance Act (FATCA) and Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) mandatory for new as well as existing subscribers. These have been made mandatory in the new common subscriber registration form (CSRF) that is required to be filled in by new subscribers.

Existing subscribers have been provided the facility to submit online FATCA self-certification in their login ( www.cransdl.com or https://enps.karvy.com/Login/Login ). Information regarding the said functionality is also made available on CRA websites, the release added.

The steps to be followed by the subscriber to submit online FATCA self-certification are also mentioned on the website. It is to be ensured by the subscribers to fill the mandatory fields correctly and not leave them blank in order to avoid rejection of their forms, the release said.

Srivats.kr@thehindu.co.in

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