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NPS partial withdrawal rule changes from February 2024: How does it work, when should you go for it?

The Pension Fund Regulatory and Development Authority (PFRDA) has recently came out with a master circular regarding the new rules that will govern partial withdrawal from the National Pension System (NPS). What are the new rules? Who are eligible to withdraw partially from NPS? Is it a good deal? Or should you avoid it to keep your retirement savings intact? All you need to know about the new rules of NPS partial withdrawal. ....

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NPS partial withdrawal: Rules, taxation, how to apply and other details explained


Updated Mar 03, 2021 | 07:07 IST
An NPS subscriber is allowed to make maximum three partial withdrawals during the overall tenure and a gap of five years must be there between two withdrawals
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New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has made many changes in National Pension System (NPS) rules to make it an attractive retirement savings instrument. Partial withdrawal from NPS was not allowed earlier but now it is possible because of recent rule changes. Also, NPS partial withdrawal process has become simpler now.  However, there are certain preconditions for making partial withdrawals from NPS.
Preconditions for NPS partial withdrawal ....

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