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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