PRAN Full Form In English
It is a unique 12-digit identification number allotted to every subscriber of the National Pension System (NPS) in India. PRAN serves as a lifetime account number that remains unchanged, even if a subscriber changes job, sector, or location. It helps in maintaining and managing all pension contributions, withdrawals, and related transactions under the NPS framework. The Central Recordkeeping Agency (CRA) is responsible for issuing and managing PRAN. This number ensures portability and transparency, making retirement planning more secure and systematic for individuals across government, corporate, and unorganized sectors.
PRAN Full Form In Hindi
यह एक 12 अंकों की विशिष्ट पहचान संख्या होती है, जिसे भारत में राष्ट्रीय पेंशन प्रणाली (NPS) के हर सदस्य को आवंटित किया जाता है। PRAN जीवनभर के लिए मान्य होता है और नौकरी बदलने, क्षेत्र बदलने या स्थानांतरित होने पर भी वही बना रहता है। इसके माध्यम से सदस्य की सभी पेंशन से जुड़ी जमा राशि, निवेश और निकासी का रिकॉर्ड सुरक्षित रखा जाता है। यह संख्या केंद्रीय रिकॉर्डकीपिंग एजेंसी (CRA) द्वारा जारी की जाती है। PRAN की सबसे बड़ी विशेषता इसकी पोर्टेबिलिटी और पारदर्शिता है, जिससे सेवानिवृत्ति के बाद आर्थिक सुरक्षा सुनिश्चित होती है।
Read More: ASF Full Form In English And Hindi
Frequently Asked Questions
What is the full form of PRAN?
The full form of PRAN is Permanent Retirement Account Number.
Who issues PRAN in India?
PRAN is issued and managed by the Central Recordkeeping Agency (CRA) under the National Pension System.
Is PRAN mandatory for NPS subscribers?
Yes, PRAN is mandatory for all individuals who register under the National Pension System.
Can PRAN be used across jobs and locations?
Yes, PRAN is a lifelong unique number that remains valid even if the subscriber changes job, sector, or location.
How many digits are there in PRAN?
PRAN consists of a unique 12-digit identification number.
Conclusion
In conclusion, PRAN or Permanent Retirement Account Number is a crucial component of the National Pension System in India. It ensures lifetime portability, secure recordkeeping, and transparency for all pension-related transactions. By providing a unique 12-digit identification to every subscriber, PRAN simplifies retirement planning and offers long-term financial security. It serves as a reliable tool for individuals across government, corporate, and unorganized sectors, making it an essential step towards a stable post-retirement life.
