The process of logging into the National Pension Scheme account is going to change from next month. After this new change, NPS members will have to do two-factor authentication to login. To login, they will have to login through mobile OTP after Aadhaar verification. The new process will come into effect from April 1.

The Pension Fund Regulatory and Development Authority (PFRDA) had made two-factor authentication mandatory for login a few days ago. He says that with this, NPS members will be able to make their accounts more secure. The NPS account is currently operated by the Central Record Keeping Agency (CRA).

How will two-factor authentication work?

• PFRDA has already made it clear that the login ID of the APS member will be linked to Aadhaar. In such a situation, members will have to enter OTP to login to the account. It is expected that this will increase the security of NPS account.
• To login to the NPS account, first the members have to enter the login ID and password. After this, after Aadhaar authentication, the password received in the linked mobile number will have to be entered. If even a single step is not completed, the account will not be logged in.
• The member will get five chances to login, if the password is incorrect five times, the account will be locked. Once the account is logged in, members will have to create a new password. For this, members will have to request for IPIN.

Currently login is done only through ID-password

Currently, NPS members can login to their account only with user ID and password. By logging into the account, they can make any kind of change or even withdraw money from the account.

The post NPS New Rule: The method of login to NPS account will change from April 1, know what is the new process first appeared on Rightsofemployees.com.

From next month, the rules of Yamuna Expressway, General Insurance, National Pension Scheme, buying property and buying a new vehicle are changing. Let us know which rules will change from September 1.

PNB KYC

Punjab National Bank has instructed its customers to get KYC done by August 31. The PNB account of those who do not do so will be closed. PNB had warned its customers by sending a message a month ago.

insurance rules

IRDAI has changed the rules of General Insurance. Now the agent will get only 20 percent commission on insurance commission instead of 30 to 35 percent. This will reduce the premium of the people and they will get relief. This new draft notification will be effective from mid-September. This can lead to a reduction in the insurance premium in the future.

National Pension Scheme Account

From September 1, the rules regarding the accounts of the National Pension Scheme are also changing. Point of Presence commission is available on opening an account of National Pension Scheme. This commission will now be increased from Rs 15. According to the new rules, now 10 thousand rupees have been made.

increased toll burden on the pocket

Now using Yamuna Expressway to come to Delhi will increase the toll burden on your pocket. The Yamuna Expressway Industrial Development Authority has approved the hike in toll. Will take 10 paise more loan per kilometer on small vehicle. On the other hand, on big commercial vehicles, 52 paise more toll will have to be paid per kilometer.

Audi car became expensive

Audi company has made all its models of cars expensive. Buying a car of this company from September will have to pay more money. This increase will be 2.4 percent and these new prices will be effective from 20 September 2022.

Buying property became expensive

If you are planning to buy a property, now you will have to pay more money. The circuit rate of Ghaziabad has been increased. It has been increased by 4 to 2 percent. This new circle rate will be applicable from 1st September 2022.

There will be change in the price of LPG cylinder

There may be a change in the price of LPG on September 1. As cylinder prices change on 1st of every month. In such a situation, it is believed that on September 1, petroleum companies can revise the price of LPG cylinder. It is expected that the prices of LPG cylinders will come down in September.

The post September New Rules 2022: These rules will change from September 1, will have a direct impact on your pocket first appeared on Rightsofemployees.com.