InvestorQ : How can a subscriber withdraw the benefits available under NPS?
shivani Walawalkar made post

How can a subscriber withdraw the benefits available under NPS?

Answer
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Anushri Vasa answered.
1 year ago


If a subscriber wants to exit from NPS, he/she has to submit a withdrawal application form to the concerned point of purchase (PoP) along with the documents specified for withdrawal of the benefits. The concerned PoP will, then, authenticate the documents and forward them to Central Recordkeeping Agency (CRA).

The CRA will then register the subscriber’s claim and forward him/her the necessary application form along with the procedure to be followed and documents that need to be submitted.

After the CRA receives the documents, it will process the application and settle the account.


user profile image
Anushri Vasa answered.
1 year ago


If a subscriber wants to exit from NPS, he/she has to submit a withdrawal application form to the concerned point of purchase (PoP) along with the documents specified for withdrawal of the benefits. The concerned PoP will, then, authenticate the documents and forward them to Central Recordkeeping Agency (CRA).

The CRA will then register the subscriber’s claim and forward him/her the necessary application form along with the procedure to be followed and documents that need to be submitted.

After the CRA receives the documents, it will process the application and settle the account.