NPS Withdrawal Rules#
Types of Withdrawal#
Partial Withdrawal#
- 3 times before retirement
- Up to 25% of contribution
- After 10 years
Complete Withdrawal#
- At retirement
- 60% tax-free
- 40% must buy annuity
Tax Treatment#
- At maturity: 60% tax-free
- Annuity: Taxed as pension income
Process#
- Submit withdrawal request
- Choose annuity provider
- Get proceeds
Conclusion#
NPS provides flexible withdrawal options.