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Subscriber should also attach the bank proof (cancelled cheque/copy of bank passbook/bank certificate) with the Partial Withdrawal Form submitted. 4. Subscriber should specify the purpose of Partial Withdrawal and a proof need to be submitted for the same.
In case of Superannuation- A Subscriber can claim 100% Withdrawal if the total accumulated corpus is less than or equal to Rs. 5 lakh at the time of Superannuation/attaining age of 60 years. In case of Pre-mature Exit- If total accumulated corpus is less thanor equal to Rs.
The online withdrawal process can be initiated in either of the two ways: By subscriber using User ID & IPIN: The subscriber can directly initiate withdrawal application using his/her User ID & IPIN in the CRA system with in a period of 6 months before the age of superannuation/vesting date opted by subscriber.
The online withdrawal process can be initiated in either of the two ways: By subscriber using User ID & IPIN: The subscriber can directly initiate withdrawal application using his/her User ID & IPIN in the CRA system with in a period of 6 months before the age of superannuation/vesting date opted by subscriber.
Generation of Claim ID is not required to process death online Withdrawal request. Nodal office can directly raise the Withdrawal request for death cases., the Subscriber needs to contact the Nodal office for generation of Claim ID for Withdrawal of NPS funds.

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According to the new rules of NPS, subscribers can withdraw the entire corpus if it is less than or equal to \u20b95 lakhs without purchasing an annuity plan. These withdrawals are tax-free as well. For example, if one has a corpus of \u20b94.5 lakhs, he/she can withdraw the entire amount after retirement.
According to the new rules of NPS, subscribers can withdraw the entire corpus if it is less than or equal to \u20b95 lakhs without purchasing an annuity plan. These withdrawals are tax-free as well. For example, if one has a corpus of \u20b94.5 lakhs, he/she can withdraw the entire amount after retirement.

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