NPS withdrawal timelines shortened. Here are the new rules
Source: Mint Sep 21, 2022
Pension Fund Regulatory and Development Authority (PFRDA) intermediaries have decided to reduce the timelines of various transactions under the National Pension Scheme (NPS) to provide a better subscriber experience and fulfil their evolving needs. That said, PFRDA reduces the timeline for execution of withdrawal requests under the NPS account to a T+2 basis from a T+4 basis.
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