These NPS investors can exit from scheme after 5 years lock-in period only - Economic Times
3/16/2022 12:00:00 AM3 years 11 months 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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