NPS Statement: Easily Download Your National Pension System Statement Online — Here's How

The National Pension System (NPS) is one of the most trusted and secure investment schemes designed to ensure financial stability after retirement. To keep track of your investment, withdrawals, and account balance, it is essential to download your NPS Statement regularly. This statement, also known as the Statement of Transaction (SOT), can be conveniently downloaded online through the official NPS portal or mobile app.

The NPS statement not only helps you monitor your investment but also plays a crucial role in tax saving under Section 80C of the Income Tax Act. If you have an NPS account, you can easily access the statement and use it for financial planning, tax filing, or future investment analysis.

In this article, we will explain how to download your NPS statement online and why it is important for you.

✅ What is an NPS Statement?

An NPS Statement, officially known as the Statement of Transaction (SOT), is a document that contains a detailed record of all financial transactions related to your National Pension System account. This statement helps you understand:

• Investment details made in your NPS account.
• Total account balance (also known as Holding Value).
• Withdrawal transactions or redemption details, if any.
• Overall account status and investment growth.

According to the NPS Trust, a physical copy of the NPS statement is also sent to the registered address once every year. Additionally, you can download the soft copy anytime from the official website or mobile app.

✅ Why is the NPS Statement Important?

Downloading and reviewing your NPS Statement is essential for several reasons:

1. Track Investment Performance: It helps you monitor your NPS account balance and the growth of your pension fund.
2. Tax Saving Purpose: The statement acts as proof of investment under Section 80C and 80CCD(1B) of the Income Tax Act, allowing you to claim tax exemptions.
3. Financial Planning: By reviewing your NPS statement, you can plan your future investments, withdrawals, and savings.
4. Withdrawals & Redemptions: If you have made any withdrawals or redemptions from your NPS account, the statement will have a clear record of it.

✅ How to Download NPS Statement Online from the NSDL Website

If you wish to download your NPS Statement from the official website, follow these simple steps:

Step 1: Visit the Official Website

• Go to the National Securities Depository Limited (NSDL) eNPS portal at https://enps.nsdl.com.

Step 2: Login to Your Account

• Enter your User ID (PRAN Number) and Password.
• Fill in the Captcha Code and click on Proceed.

Step 3: Access Transaction Statement

• After logging in, click on the "Transaction Statement" option.
• Select "Holding Statement" to check your current account balance.
• If you wish to download the complete statement, click on "Transaction Statement" and then press the "Download" button.

Step 4: Download and Save the Statement

• Once downloaded, you can save it as a PDF file or take a printout for future use.
• This statement can be presented as proof for tax filing or during financial documentation.

✅ How to Download NPS Statement Using Mobile App

If you find it easier to access your NPS account through a mobile app, you can also download your statement from there. Follow these steps:

Step 1: Download the NPS Mobile App

• Go to the Google Play Store (for Android) or Apple Store (for iOS).
• Search for the NPS Mobile App and download it.

Step 2: Login to Your Account

• Open the app and enter your 12-digit NPS User ID (PRAN).
• Use the OTP Verification to reset or access your password.

Step 3: Access the Transaction Statement

• After logging in, you will see an option to download the Transaction Statement.
• Select Tier 1 or Tier 2 account, depending on which account you want the statement for.
• Click on Download Statement and save it on your phone.

✅ Can You Get a Physical Copy of the NPS Statement?

Yes, according to the NPS Trust, every NPS account holder receives a physical copy of the NPS statement at their registered address once a year. However, you can always download the soft copy online as per your convenience.

If you do not receive the physical copy, you can contact your Point of Presence (PoP) or the NPS Trust for assistance.

✅ Why Should You Regularly Check Your NPS Statement?

It is essential to regularly download and review your NPS statement because:

• It helps you track your pension fund growth.
• You can verify if the monthly contributions are being deposited correctly.
• The statement acts as proof of investment for claiming tax benefits under Section 80C and 80CCD(1B).
• It helps in planning your retirement corpus based on your current investment.

✅ Final Words

The National Pension System (NPS) is an excellent long-term investment option for securing your post-retirement future. By regularly checking and downloading your NPS statement, you can ensure complete transparency in your financial records and make informed investment decisions.

Furthermore, your NPS statement plays a vital role in tax exemption, so it is advisable to download and save it every financial year. You can either use the NSDL website or the NPS Mobile App to download it anytime you need.

So, if you haven’t checked your NPS statement recently, make sure to download it today and stay updated with your pension fund status.