These NPS investors can exit from scheme after 5 years lock-in period only - Economic Times

3/16/2022 12:00:00 AM3 years 1 month ago
by Preeti Motiani and Sneha Kulkarni
by Preeti Motiani and Sneha Kulkarni
As per the new regulation inserted in the NPS scheme, certain individuals can close their Tier-I NPS account after they have completed five years with the pension scheme from the date of opening of the account. Do note that this facility of a lower lock-in pe…
The Pension Fund Regulatory and Development Authority (PFRDA) has reduced the lock-in period for NPS investments from 10 years to 5 years for self-employed individuals and others not having employer-… [+4263 chars]
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