NPS rules: 5 changes that subscribers should know about

Some of the changes brought in the last few weeks include reducing the time taken for processing various transactions and modifying the rules related to credit card usage for NPS tier-II accounts Some changes have been brought in the National Pension Scheme by the Pension Fund Regulatory Authority. Some of the changes brought in the last few weeks include reducing the time taken for processing various transactions and modifying the rules related to credit card usage for NPS tier-II accounts. From modification of the e-nomination process for government and private employees to the trail commission payment for account holders, here is all you need to know about the new NPS regulations: Processing time: The processing time has been halved by the PFRDA for withdrawal of funds. Credit card payment facility not allowed for NPS Tier-II subscribers: The PFRDA had earlier stated that the credit card payment facility for NPS Tier-II account holders will be closed down.