What are the withdrawal rules for NPS?
Upon reaching the age of 60, if the corpus exceeds 5 lakhs, subscribers can withdraw up to 60% of the corpus tax-free, and the remaining must be used to purchase an annuity. If the corpus is below 5 lakhs they can withdraw the entire corpus completely.
NPS allows partial withdrawal under specific circumstances after three years of subscription. Subscribers can withdraw up to 25% for purposes like children’s education, marriage, buying a house, or medical treatment.