The Pension Fund Regulatory & Development Authority has made the mandatory upload of withdrawal/ KYC documents to enable seamless processing of exit and annuity for the benefit of National Pension System subscribers. NPS withdrawal documents According to PFRDA, the NPS subscribers and the associated nodal officers/POPs/ corporate need to ensure that the following documents uploaded in the respective CRA user …
The Pension Fund Regulatory and Development Authority has announced the advent of online, paperless exit or withdrawal process for the beneficiaries of the government sector, in addition to the existing physical mode of exiting the NPS account. “The online exit would commence with an instant bank account verification according to the existing guidelines complying with subscribers’ interest. Once the online …
The Pension Fund Regulatory and Development Authority has introduced a system for instant bank account verification of subscribers of the National Pension System to ensure timely credit of amount in case of withdrawal proceeds. Under usual circumstances, an NPS subscriber places a withdrawal or partial withdrawal request by mentioning details, including the bank account number and IFSC code into which …
