NPS subscribers to get systematic lumpsum withdrawal: PFRDA

Systematic Lumpsum Withdrawal (SLW) enables subscribers to make monthly or quarterly withdrawal post retirement to generate regular income. Read further to know more

Minimum assured return scheme of NPS to have 10-year lock-in, says PFRDA chairman

The minimum assured return scheme of NPS was supposed to be launched by the end of September. But there has been a delay because the modalities are yet to be worked out

NPS Withdrawal: Now get your money faster; PFRDA cuts timelines

PFRDA, said, The withdrawal requests of subscribers at the time of exit were hitherto executed on T+4 working/settlement days (T being the day of authorization of withdrawal request by Nodal office/PoP/Subscriber) and the timeline has been reduced to T+2.

PFRDA's assured return scheme in final stages; launch may take another few months

Pension Fund Regulatory and Development Authority is most likely to give the final shape to the product by the end of this month. However, the launching may take another few months, PFRDA Chairperson Supratim Bandyopadhyay said.

PFRDA stops credit card payment facility in Tier-II NPS Account

The move is seen to curb the misuse of credit cards by NPS subscribers in operation of their retirement accounts

Bank of India with PFRDA launches platform for opening NPS account via mobile phone

The Pension Fund Regulatory and Development Authority (PFRDA) and Bank of India launched the digital platform for NPS enrolment in association with K-fintech.

Minimum assured return pension schemes to have varied capital requirements: Report

The requirement of capital may change on the basis of the exposure of a scheme to debt and equity

PFRDA raises charges for some NPS services: Report

These charges for NPS-related services offered at POP outlets have been raised with effect from February 1

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NPS subscribers to get systematic lumpsum withdrawal: PFRDA

personal finance

personal finance

personal finance