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NPS News | NPS subscriber? Know about the four annuity schemes available under NPS

Updated Jan 20, 2021 | 07:14 IST
For all NPS subscribers, it is compulsory to purchase an annuity product from listed ASPs at the time of superannuation and pre-mature exit
NPS subscriber? Know about the four annuity schemes available under NPS
New Delhi: An annuity refers to the monthly payment that you will receive as a subscriber from the Annuity Service Provider (ASP) after your exit from the National Pension Scheme (NPS). Annuity Service Provider is an Insurance Regulatory and Development Authority (IRDA) registered insurance company listed by the Pension Fund Regulatory and Development Authority (PFRDA) for providing of Annuity Services to NPS subscribers upon their exit from the system. ....

New Delhi , National Pension System , Pension Fund Regulatory , National Pension Scheme , Life Insurance Corporation Of India , Life Insurance Co , Development Authority , Standard Life Insurance Co Ltd , Annuity Service Provider , Annuity Services , Representational Image , Insurance Regulatory , Life Insurance Corporation , Life Insurance Co Ltd , Agency For National Pension System , Sbi Life Insurance Co Ltd , Hdfc Standard Life Insurance Co Ltd , Nps News , Nps Returns , புதியது டெல்ஹி , தேசிய ஓய்வூதியம் அமைப்பு , ஓய்வூதியம் நிதி ஒழுங்குமுறை , தேசிய ஓய்வூதியம் திட்டம் , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , வாழ்க்கை காப்பீடு இணை , வளர்ச்சி அதிகாரம் ,

NPS subscribers can now use online mode to exit the scheme. Here's how

NPS subscribers will need to submit the NPS withdrawal forms along with other supporting documents for authorization by POPs, the Pension Fund Regulatory and Development Authority (PFRDA) said.

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National Pension System , Pension Fund Regulatory , Annuity Service Provider , Central Record Keeping Agency , Bank Account Verification , Development Authority , Instant Bank Account Verification , Personal Finance , Pension Fund Regulatory And Development Authority , தேசிய ஓய்வூதியம் அமைப்பு , ஓய்வூதியம் நிதி ஒழுங்குமுறை , வருடாந்திரம் சேவை வழங்குநர் , வங்கி எண்ணுதல் சரிபார்ப்பு , வளர்ச்சி அதிகாரம் , உடனடி வங்கி எண்ணுதல் சரிபார்ப்பு , தனிப்பட்ட நிதி , ஓய்வூதியம் நிதி ஒழுங்குமுறை மற்றும் வளர்ச்சி அதிகாரம் ,

PFRDA provides online option to subscribers to exit from NPS

PFRDA provides online option to subscribers to exit from NPS
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Last Updated: Dec 30, 2020, 04:57 PM IST
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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.
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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. ....

National Pension System , Pension Fund Regulatory , Annuity Service Provider , Central Record Keeping Agency , Bank Account Verification , Development Authority , Instant Bank Account Verification , தேசிய ஓய்வூதியம் அமைப்பு , ஓய்வூதியம் நிதி ஒழுங்குமுறை , வருடாந்திரம் சேவை வழங்குநர் , வங்கி எண்ணுதல் சரிபார்ப்பு , வளர்ச்சி அதிகாரம் , உடனடி வங்கி எண்ணுதல் சரிபார்ப்பு ,

E-NPS Subscribers Can Soon Exit From The Scheme Via Offline Aadhaar Process; Here's What You Need To Do

e-NPS subscribers can soon exit from the scheme via offline Aadhaar process; here s what you need to do
By using offline Aadhaar process, currently, subscribers can open NPS accounts. The PFRDA has decided to make the exit process more agile as per the circular issued on December 22, 2020.
December 24, 2020 / 03:11 PM IST
e-NPS subscribers will soon have an option to opt out from the National Pension Scheme (NPS) through Self-authorization . This has been proposed by the Pension Fund Regulatory and Development Authority (PFRDA).
Subscribers having a corpus up to Rs 10 lakh in their NPS accounts need to provide offline Aadhaar details for an exit. By visiting NSDL website or by filling up the physical withdrawal form and submitting it to the respective Nodal Office/Point of Presence (POP), these subscribers can also exit via an online and offline process. ....

Pension Fund Regulatory , Nodal Office Point Of Presence , National Pension Scheme , Annuity Service Provider , Development Authority , Aadhaar Share Code , Instant Bank Account , ஓய்வூதியம் நிதி ஒழுங்குமுறை , நோடல் அலுவலகம் பாயஂட் ஆஃப் ப்ரெஸெந்ஸ் , தேசிய ஓய்வூதியம் திட்டம் , வருடாந்திரம் சேவை வழங்குநர் , வளர்ச்சி அதிகாரம் , ஆதார் பகிர் குறியீடு , உடனடி வங்கி எண்ணுதல் ,

PFRDA makes it simper for NPS subscribers to exit – Know the process in easy steps

PFRDA makes it simper for NPS subscribers to exit – Know the process in easy steps
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Bank Acct , National Pension System , Annuity Service Provider , Aadhaar Share Code , Instant Bank Acct , வங்கி அசிட் , தேசிய ஓய்வூதியம் அமைப்பு , வருடாந்திரம் சேவை வழங்குநர் , ஆதார் பகிர் குறியீடு , உடனடி வங்கி அசிட் ,