NPS Exit Rules NPS Exit Rules

The National Pension System is a Government-sponsored pension plan for old-age income for every citizen of the country. This is an extremely long-term saving scheme which a person can contribute towards to retire in his/her old age. There are various provisions under NPS such as superannuation or premature exit basis, partial withdrawal, permanent and total disability benefit, and upon death. Knowledge about NPS exit rules is crucial for subscribers. The reasons are quite self-explanatory – to enable the planning for future and in detail information provided of the various available options once he requires access to his funds.