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Advantages of two-factor authentication
- Enhanced safety: Utilizing two-factor authentication tremendously decreases the probabilities of unauthorised entry to the
CRA system . - Heightened safety: This further layer of safety ensures the security of NPS transactions and safeguards the pursuits of subscribers and stakeholders alike.
New login mechanism
In line with the round, Aadhaar-based login authentication might be added to the present person ID and password-based login course of. This transformation will allow entry to the NPS CRA system by two-factor authentication.
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Aadhaar-based authentication for CRA entry
The PFRDA round states that Nodal Places of work beneath Central and State Governments, together with their related Autonomous Our bodies, presently use a password-based login to entry the Central Recordkeeping Company (CRA) for NPS transactions.
To reinforce safety and safeguard the pursuits of subscribers and stakeholders, the CRA system will implement Aadhaar-based authentication for login. This authentication technique might be linked with the present Person ID and Password login course of, guaranteeing two-factor authentication for accessing the CRA system.
Aadhaar Mapping course of
In line with the PFRDA round dated March 15, 2024, Nodal places of work beneath the Authorities Sector (Central/State/CAB/SAB) can use Aadhaar OTP for 2-Issue Authentication to entry the CRA system (CRA & NPSCAN). The Oversight workplace (PrAO/DTA) and PAO/DTO should hyperlink their Aadhaar with their CRA Person ID to allow Aadhaar Mapping for underlying customers. Equally, this linking permits underlying DDOs to provoke Aadhaar linking.
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Efficiency of NPS actions
Authorities and autonomous our bodies are required to implement Aadhaar-based login and authentication for NPS operations throughout the CRA system.
Guaranteeing clean transition
PFRDA has issued a complete customary working process (SOP) and course of circulate in its newest round, aiming to information Authorities Nodal Places of work by the transition. Intensive engagement with Nodal Officers will guarantee they’re well-informed in regards to the adjustments, facilitating a clean transition course of.
Stopping unauthorised entry
Entry to CRA could also be denied because of the following causes, as said on the NSDL NPS CRA web site as of February 21, 2024:
1. Incorrect person ID
2. Incorrect password
Moreover, as per the PFRDA round dated February 20, 2024, to forestall unauthorised entry, the account might be locked if the person enters an incorrect password for 5 consecutive makes an attempt. Customers can reset their password by answering a secret query, even after the account is locked. If the person can not bear in mind the reply to the key query or is unsuccessful in resetting the password, they need to submit a request for reissue of I-Pin.