New NPS partial withdrawal rules: How National Pension System rules work, reasons, limits, when to opt for them and more FAQs answered
Wednesday, 7 February 2024
Starting February 2024, new rules for partial withdrawal from the National Pension System (NPS) allow subscribers to withdraw up to 25% of their contributions after three years. Withdrawals can be made for purposes such as education, marriage, medical emergencies, or home purchase. However, experts advise against premature withdrawals to ensure long-term growth and a secure retirement.
Starting February 2024, new rules for partial withdrawal from the National Pension System (NPS) allow subscribers to withdraw up to 25% of their contributions after three years. Withdrawals can be made for purposes such as education, marriage, medical emergencies, or home purchase. However, experts advise against premature withdrawals to ensure long-term growth and a secure retirement.
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