(Representative image)NEW DELHI: Pension fund regulator PFRDA on Monday said it has introduced one-time password (OTP) based onboarding facility for the National Pension System (NPS) scheme. In its endeavour to provide digital solutions, the Pension Fund Regulatory and Development Authority (PFRDA) has already enabled opening of online NPS account in a paperless manner through e-signature, it said in a statement. In order to further facilitate ease of NPS Account opening, the subscribers are now permitted to open their NPS account through OTP also, PFRDA said. In this process, the customers of banks (registered as POPs - Points of Presence), who wish to open NPS account through internet banking of the respective banks, can open such accounts using OTP received on
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