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National Pension System withdrawal rules for government, private employees on joining NPS before or after age 60
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Opening a National Pension System (NPS) account helps to save money for one’s retirement as it comes with mandatory pension options. On maturity, some portion of the NPS corpus can be withdrawn but are strictly as per the defined rules under NPS. For making an exit or for making withdrawal from an NPS account, PFRDA (Exits and Withdrawals under NPS) Regulations, 2015 and its amendments are to be looked at. For premature exit, normal exit and exit due to unfortunate death of the subscriber, there are certain predefined conditions which need to be met.
If you want to know when can one withdraw money from NPS account, read on to know the rules. At the time of exit from NPS, when the account matures, the NPS subscriber is allowed to withdraw a
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