Switching to a different Permanent Retirement Account Number (PRAN) under the National Pension Scheme (NPS) is not allowed as per the current regulations. The PRAN is a unique identifier linked to your pension account, and it cannot be changed once it has been generated. This rule is in place to ensure the integrity and security of your pension funds. However, if you have multiple PRANs due to any error or oversight, you should contact the relevant authorities to resolve the issue and consolidate your accounts under one PRAN for better management.
It is important to maintain accurate and up-to-date records of your NPS account to avoid any confusion or complications in the future. If you have any concerns or questions regarding your PRAN or NPS account, it is advisable to reach out to the NPS helpline or visit the official website for assistance. RR Finance is committed to providing NPS services and other financial solutions to help you navigate the complexities of pension planning. If you need help with managing your NPS account or exploring other investment options, feel free to contact us for expert guidance.
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