Kerala has always valued its diaspora, the Non-Resident Keralites (NRKs), who contribute significantly to the state’s economy through remittances. To support NRIs, the Kerala Pravasi Welfare Board offers a Pravasi Pension Scheme, aimed at providing a monthly pension to Keralites after they retire from work abroad.
With the rise of online services, NRIs can now register for the scheme online, making the process simpler, faster, and more transparent. This blog will guide you through the step-by-step online registration, highlight the scheme’s limitations, and introduce better retirement planning options through Bajaj Pension Plans.
Why NRIs Should Register
- Eligibility for Pravasi Pension after age 60
- Access to welfare schemes and benefits like financial aid, medical support, and education for family
- Digital registration avoids paperwork and long queues
But note: the Pravasi Pension is basic, often only ₹2,000–₹5,000 per month, which may not cover living expenses. NRIs should plan for additional retirement income.
Wa: https://wa.me/918547125619
(Plan a pension of ₹25,000–₹75,000 monthly for life)
Step-by-Step Guide for Kerala Pravasi Welfare Board Online Registration
Step 1: Visit the Official Registration Portal
Access the online registration page:
Kerala Pravasi Welfare Board Online Registration
Step 2: Select Your Registration Form
- Form 1A: NRKs working abroad
- Form 1B: NRKs returned to Kerala after at least 2 years of foreign employment
- Form 2A: NRKs working in India but outside Kerala
Step 3: Fill in Your Personal Details
- Full name, date of birth, gender, address
- Contact information (email, phone)
- Employment and overseas work details
Step 4: Upload Required Documents
- Passport (valid)
- Visa pages
- Address proof (bank passbook, utility bill)
- Passport-size photograph
- Digital signature (if available)
Step 5: Pay the Registration Fee
- Registration fee: ₹200
- Payment options: online payment or designated bank branches
Step 6: Submit the Form & Receive Acknowledgement
- After submission, you will receive a registration number
- Keep it safe for future communication and pension claims
Limitations of Pravasi Pension Scheme
| Feature | Limitation |
|---|---|
| Monthly Pension | Only ₹2,000–₹5,000 |
| Inflation Protection | None |
| Family/Spouse Cover | Limited |
| Retirement Security | Minimal financial independence |
While the scheme ensures basic support, it may not provide a comfortable lifestyle. NRIs need to supplement it with private pension plans for a better retirement.
Better Alternative – Bajaj Guaranteed Pension Plan
For NRIs seeking real financial independence, Bajaj Pension Plans offer:
Lifetime guaranteed monthly income (₹25,000–₹75,000+)
Spouse protection (Joint Life option)
Return of purchase price to nominee
Tax benefits under Section 80C & 10(10D)
Flexible retirement age & pension amount
Comparison: Pravasi Pension vs Bajaj Pension
| Feature | Pravasi Pension | Bajaj Pension Plan |
|---|---|---|
| Monthly Pension | ₹2,000–₹5,000 | ₹25,000–₹75,000+ |
| Lifetime Guarantee | No | Yes |
| Spouse/Family Cover | Limited | Yes |
| Return of Investment | No | Yes |
| Tax Benefits | Minimal | 80C + 10(10D) |
| Retirement Goal | Basic Support | Financial Independence |
Wa: https://wa.me/918547125619
(Get a personalized pension calculation)
Why NRIs Should Invest Early
- Early investment increases pension amount
- Protects against rising cost of living & inflation
- Secures financial independence after retirement
FAQs
1. Can I register online from abroad?
Yes. The portal allows NRIs anywhere to complete the registration.
2. How much pension can I get from Pravasi Scheme?
Around ₹2,000–₹5,000 per month.
3. Can I combine Pravasi Pension with private plans?
Absolutely. It’s recommended to supplement with Bajaj Pension Plan for a comfortable lifestyle.
4. What documents are needed?
Passport, visa, address proof, photograph, and digital signature.
Conclusion
The Kerala Pravasi Welfare Board Online Registration is a simple way for NRIs to claim basic pension and welfare benefits. However, the scheme alone cannot provide financial security or a comfortable retirement.
To enjoy peace of mind and a steady monthly income after retirement, consider investing in a Bajaj Guaranteed Pension Plan via MyGoldenRetire.com.
Wa: https://wa.me/918547125619
MyGoldenRetire.com
