The National Pension System comes with a long lock-in period, but under certain conditions, subscribers can withdraw up to 25 ...
Consequently, upon retirement or exiting NPS before the age of 70, the funds held in Tier II can be considered for post-retirement withdrawals, aligning with the corresponding tax implications.
NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock in period (15 years for even partial withdrawal) as it is designed as pension scheme which aim to provide income after ...