Revised list of Kow your customer (KYC) documents required fer both entry and exit under National Pension System (NPS)
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
Subct: Revised list of Kow your customer (KYC) documents required fer both entry and exit under National Pension System (NPS).
Attention of all stakeholders is invited to the illustrative list of documents acceptable as proof of identity and address in terms of the KYC requirements and as provided in the offer document of National Pension System.
Basing on the revised guidelines on obligations under PMLA, 2002 as amended by Prevention of Money Laundering (Amendment) Act. 2009 and in order to bring In uniformity and align the KYC documents required for opening of accounts under NPS with those required by other financial sector institutions, it has been decided to replace the existing KYC document list with a new set of documents as provided in Annexure I for both entry and exit under National Pension System(NPS).
Annexure I referred above is being attached herewith for information and use of all The new KYC norms as per this circular will come into effect from 10/02/2013.
The above guidelines will be applicable for all variants of National Pension System.
The circular has also been placed on PFRDA website at http://ww.pfrda.org.in