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How to invest in National Pension System (NPS) on Coin?

To invest in NPS, follow these steps:

  1. From the Dashboard click on NPS.
  2. Select I agree and click on Submit.
  3. Enter the Place of birth.
  4. Select the Parents name on PRAN as per PRAN.
  5. Select the Marital status and enter the Spouse’s name.
  6. Select Heard about NPS from? and Occupation.
  7. Enter the Nominee's date of birth and select the percentage allocation.
  8. Click on Continue.
  9. Select the pension fund of your choice.
  10. Select the Investment choice.
  11. Select the Investment plan and click on Place order.
  12. Enter the investment amount and click on Continue.
  13. Enter the OTP and click on Verify.
  14. Complete the payment using Net banking or UPI.

Did you know?

  • The NPS account is opened once the PRAN is generated.
  • To invest in NPS, a nominee must be added to the Zerodha account. To learn how to add a nominee to the Zerodha account, see How to add a nominee to the Zerodha account online?
  • If the error Your bank details have to be verified to open a NPS account is displayed, create a ticket by attaching the latest 6-month bank statement or a personalised cancelled cheque of the primary bank account.
  • Zerodha charges ₹200 for opening an NPS account, a commission of 0.25% of the contribution amount or ₹30 whichever is higher, plus 18% GST. To learn more, see What are the charges for investing in NPS using Coin?
  • NPS investments are not held in demat form, and there is no separate Account Maintenance Charge (AMC) charged for NPS.
  • NRI’s, joint account holders, and non-individual account holders (Company, Partnership, HUF, etc.) currently cannot invest in NPS on Coin.