The PPAN full form is the Permanent Pension Account Number (PPAN). This is assigned to Central Government and State Government NPS Subscribers and is a sixteen-digit unique number. The Subscriber receives the PPAN from the associated PAO (Pay and Accounts Office)/DTO (District Treasury Office).
NoBroker InstaCash Loan
Get upto Rs. 10 Lakhs Instantly in your Bank Account with hassle free auto repayment.
Instant approval and disbursement
Interest rate starting 12.99%
A distinct 16-digit Permanent Pension Account Number (PPAN) will be assigned by the PAO in question.
The first four digits of this number will denote the year the person entered government service
The next digit will denote whether the ministry is a civil or non-civil one
The next six digits will denote the PAO Code (which is used to compile monthly accounts)
The final five digits will denote the running serial number of the specific government employee, which will be assigned by the PAO in question.
From January to December of a given calendar year, PAO will assign a serial number to each government employee starting with 00001.
To make sure that PPAN is distributed sequentially, and to avoid any kind of duplication, a register will be kept for PPAN allocation.
I hope this helps!
Get home loans without hefty paperwork through NoBrokerRead More:
How to Change Nominee in NPS Account? Which is the Best Pension Fund Manager for NPS? Can I Open Both NPS and Atal Pension Yojana?Your Feedback Matters! How was this Answer?
NoBroker Cash Loans
✔
Max Funding✔
Lowest Interest Rates✔
Quick Sanction✔
Doorstep Assistance✔
No Hidden Charges
Get Cash Loan
Apply Now
Know your Borrowing Capacity
Check Eligibility
Compare Loans
Calculate Your EMI Now
Having several accounts is actually very confusing. My father has about 4 accounts and remembering each account’s details is a bit tough. The last account is the Pension account and recently I got to know that PPAN denotes the Permanent Pension Account Number where the pension amount gets deposited. It is allocated by the respective Pay and Accounts Office or PAO to the subscriber. If you are new to these details, let me share a bit of information more so that you don’t get confused about what is PPAN in NPS.
Get your loan easily sanctioned with a low interest rate by availing NoBroker Home Loans
Calculate how much you are to pay monthly with NoBroker EMI calculator
What is PPAN number in NPS or National Pension Scheme?
Now you must be knowing that if you have a pension account, you must have the
Permanent Pension Account Number as well and like an Aadhar number, it is unique and gets allocated by PAO thus note and remember it carefully. If you are unable to know it, contact your concerned Nodal office as soon as possible. They will interact with the CRA on behalf of you and let you know the number soon.
The first four digits of the PPA Number in NPS indicate the calendar year of joining the government.
What is PRAN number in NPS or National Pension Scheme?PRAN or Permanent Retirement Account Number is an unique and portable number provided to each subscriber under NPS and will remain with you throughout. It is a 12 digit number.
I hope the concept of
what is ppan in nps is clear to you now.
Read More:What is NPS PRAN number?
How to get PRAN number for APY?
What is PPAN in NPS?
Amandeep
524 Views
2
2 Year
2022-08-17T09:59:20+00:00 2023-10-03T15:23:21+00:00Comment
Share