PFRDA makes partial withdrawal, exit rules more attractive for NPS Vatsalya subscribers
NEW DELHI: (Jan 13) In a bid to make the NPS Vatsalya Scheme more attractive, PFRDA has made certain changes to the exit and withdrawal options under the scheme, designed exclusively for minors.
As part of the revised rules, partial withdrawals are allowed after 3 years from account opening.
Up to 25 per cent of own contributions (excluding returns) have been allowed for partial withdrawal for education, medical treatment and specified disabilities, the finance ministry said in a statement.