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PFRDA allows video-based customer identification process for NPS subscribers

Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said it has allowed video-based customer identification process to further facilitate on-boarding, withdrawals and exit for NPS subscribers. Representational image.Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said it has allowed video-based customer identification process to further facilitate on-boarding, withdrawals and exit for NPS subscribers. The regulator has been constantly introducing new methods of subscriber authentication such as OTP/ eSign based onboarding, offline Aadhaar-based on-boarding, third party reliance for KYC, e-nomination, e-exit for eNPS subscribers to make subscriber registration, exit process and processing other service requests seamless and subscriber friendly, according to a release.While a lot of NPS (National Pension System).

News source ~ The Hindu