PFRDA Revamps NPS Exit Rules: Higher Lump Sum, Loan Facility & More!

• NPS exit and withdrawal rules made more flexible for individual accounts.
• Deferment option expanded up to age 75 for lump sum or annuity.
• Higher lump sum limits: 80% for non-govt (>Rs 12L corpus), 100% for <Rs 8L corpus.
• Simplified partial withdrawals (25% of own contribution) for specific needs.
• New rules for loans against NPS, missing subscribers, and uniform nominee treatment.

Why It Matters: PFRDA's new NPS rules offer greater flexibility, higher lump sums, and subscriber-friendly withdrawals.