PFRDA provides online option to subscribers to exit from NPS SECTIONS Last Updated: Dec 30, 2020, 04:57 PM IST Share Synopsis The Points of Presence would identify the bank account number of the subscriber by 'Instant Bank Account Verification' through penny drop and also verify the uploaded documents. The CRAs and POPs are advised by PFRDA to develop the required technical functionalities in a time bound manner. Getty Images NEW DELHI: Pension fund regulator PFRDA on Wednesday said the subscribers can now use the online mode also to exit from the National Pension System (NPS). Under the current process, the NPS subscribers have to physically approach their Points of Presence (POPs) to complete their withdrawal request process and the task is performed offline, it said in a statement.