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You can now withdraw up to 25% from NPS after 10 years

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PFRDA has decided to allow employees to withdraw up to 25% from the NPS scheme provided they stay in it for at least 10 years. Withdrawal will be allowed for medical expenses, children’s higher education, purchasing house or daughter’s marriage.

However, you can only withdraw from NPS account for three times and there should be a minimum gap of 5 years between two withdrawals. Partial withdrawals would also be allowed for treatment expenses for certain illnesses like cancer, kidney failure, major organ transplant, heart valve surgery, stroke, total blindness and paralysis.

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