Alankit is proud to be an empanelled member of the Embassy of the State of Qatar , New Delhi
Alankit is proud to be an empanelled member of the Embassy of the State of Qatar , New Delhi
Alankit is proud to be an empanelled member of the Embassy of the State of Qatar , New Delhi
Alankit is proud to be an empanelled member of the Embassy of the State of Qatar , New Delhi
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How to Make Changes-Correction in NPS Account with S2 Form Online

May 19, 2022 Alankit

Well, retirement is just a phrase and with NPS investment we not only focus on building up of retirement corpus but also on tax benefits that come along with it. So NPS investment is an efficient plan if one is looking forward to having a secure retirement and ease of tax benefits throughout his or her working years.

As we have discussed a lot about NPS Exit & Withdrawals, we are now shifting our focus on correction and changes. In the current blog, we will focus on NPS S2 form used for correction or change. Existing subscribers of NPS who need to change their basic details can change or correct using the NPS S2 form.

  • Name
  • Contact Details
  • Bank Account Details

Can change or correct using NPS S2 form.

What is S2 Form in NPS?

This form can be used for requesting a change in the nominee’s details by the subscriber as well. Similarly, one can also request for a reissue of T-PIN, I-PIN, and PRAN using this form. Along with the form, a subscriber is required to submit the essential documents:

  • Identity Proof: Voter ID, Driving License, Passport, and PAN Card.
  • Proof of Address: Passport, Aadhaar Card, Driving License, Ration Card, Water Bill, Gas Bill, and Electricity Bill.
  • Cancelled Cheque.

NPS from s2 consists of various sections:

Section – A: Change in Personal Details

Under this section, a subscriber can change their name, address, mobile number, email ID, and bank details.

Section – B: Subscribers Nominee Details

Under this section, the subscribers can add up to 3 nominees to their NPS account. The changes can be made both in Tier-I and Tier-II accounts, the subscriber only needs to provide the name, date of birth, relationship with the nominee, and percentage share for each nominee in the form.

Section – C: Request for Reissue of I-PIN and T-PIN

Under this section, the subscriber can request a reissue of I-PIN and T-PIN.

Section – D: Request for Reissue of Permanent Retirement Account Number (PRAN Card)

Under this section, the subscriber can request to reissue a PRAN Card. However, one has to state the reason for the reissue as well.

What is the Purpose of the NPS S2 Form?

NPS S2 Form is a correction or change form through which the subscribers of NPS can alter their basic details like name, contact details, and bank account details. Furthermore, they can also request for change of nomination details using the same.

How to Fill Form S2 in NPS?

Form S2 is a record support form that enables correction or change in the subscriber’s basic details. They can likewise change nomination details in the current Tier I and Tier II account. Moreover, they can utilise this form for the Reissue of the I-PIN/T-PIN/PRAN Card, but before the subscriber begins filling up the form, they need to specify the reason behind filling the form. They also need to pick the option given there; it can either be changed in the individual basic details or a reissue of I-PIN, T-PIN, and PRAN Card. The supporter needs to fill in just those details that need a correction or change, the rest of the details can be knocked off as they don’t need to be filled.

Steps to Fill the NPS S2 Form

  • Enter your PAN Card.
  • Enter subscriber’s basic details.
  • Mention the reissue of I-PIN & T-PIN (if required).
  • Mention the reissue of the PRAN Card (if required).
  • Mention the nomination details (if required for a change).

Why Alankit?

Our group of specialists at Alankit will provide you with efficient solutions for your start to finish demands in general or questions connected with your NPS account while empowering you to avail every one of the advantages of NPS and giving you effortlessness in changes or corrections (if necessary).

Alankit is the best decision in the event you are searching for the best NPS-related inquiry solver. As our team of specialists attempt to conquer all the related issues with devoted solutions. We are correspondingly answerable for taking care of and dealing with your NPS change or correction forms alongside and delivering solutions in a simple and procurable manner.

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