NPS – Documents to be submitted for availing partial withdrawal

Documents to be submitted for availing partial withdrawal ** PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY, B-14/A, Chhatrapati Shivaji Bhawan, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110 016, Phone : 011-26517503, Fax : 011-26517507, Website : www.pfrda.org.in ** CIRCULAR ** PFRDA/2016/21/EXIT/7 dated 24.10.2016** To  NPS Trust, CRA, Pension Funds, Trustee Bank, Govt Nodal Offices, Annuity Service Providers and other stakeholders

PENSION FUND REGULATORY

AND DEVELOPMENT AUTHORITY
B-14/A, Chhatrapati Shivaji Bhawan
Qutab Institutional Area,
Katwaria Sarai, New Delhi – 110 016
Phone : 011-26517503
Fax : 011-26517507
Website : www.pfrda.org.in

CIRCULAR

PFRDA/2016/21/EXIT/7                                                                                           24.10.2016
 

To

NPS Trust, CRA, Pension Funds, Trustee Bank, Govt Nodal Offices, Annuity Service Providers and other stakeholders.
Sub: Documents to be submitted for availing partial withdrawal.
The Authority has notified the PFRDA (Exits and Withdrawals from National Pension System) Regulations, 2015 on 11th May, 2015 and is in force.
Reference is drawn to Regulation 8 pertaining to partial withdrawal from National Pension System by subscribers of NPS. Where under the subscribers are
availing partial lwithdrawals as per Regulation 8 ot the PFRDA (Exits and Withdrawals from National Pension System) Regulations, 2015.
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Based on the withdrawal received and experience gained on the matter it was felt that documents may be prescribed by the Authority for the convenience of
the subscribers and for seamless process of partial withdrawal request. Thus, the Authority has examined the matter and in exercise of its powers under
section 14 of the Pension Fund Regulatory and Development Authority Act, 2013 read with Regulation 39 of the PFRDA (Exits and Withdrawals from National
Pension System) Regulations, 2015 hereby issue the following clarifications (prescribing documents for different types of partial withdrawal as mentioned
below: 
Sr. No. Type of Withdrawal Documents required
1 For Higher education Copy of admission letter of the institute alongwith fees schedule
2 For marriage of his or her children Self-Declaration
3 For purchase or construction of a residential house or flat in his or her own name or in a joint name with his or her legally wedded
spouse.
Photocopy of Title Documents of the Property, Approved Plan and self-declaration or Loan offer letter from a housing finance company or a
Bank and self-declaration.
4 For treatment of specified illnesses, if the subscriber, has legally wedded spouse, children, including a legally adopted child or
dependent parents.
Certificate from Doctor
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Yours faithfully
(Venkateswarlu Peri)
General Manager

Source : http://www.pfrda.org.in

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