If you do not invest in an NPS account every year, it will freeze.
National Pension System: If you are having trouble logging in to the National Pension System (NPS) online then it means that your account has been frozen. That is, the account has been closed. It is necessary to invest in NPS every fiscal year. In its Tier 1, it is necessary to invest at least 500 rupees for every fiscal year. It is necessary to invest 1000 rupees in Tier Two.
Why NPS account freezes
If you do not invest every fiscal year, then your NPS account and PRAN (Permanent Retirement Account Number) are deactivated. Which will close your account. This is called freeze.
How to turn off a closed NPS account
If you want to restart your account, then you have to fill the form UOS-S10-A or you can also take this form from the nearest post office. Apart from this you can also download it online. After this, where you have an account, you can start by filling the form by depositing Rs 500 and a fine of Rs 100.
