NPS full withdrawal allowed if corpus is Rs 5 lakh or less
The National Pension System allows full withdrawal of the corpus only when it is Rs 5 lakh or less at the time of a normal exit, which is at age 60 or…
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SBI ATM, UPI MDR, LPG subsidy rules change from October
Several banking and personal finance rules change from October 2026. SBI will reduce free monthly transactions for salary account holders at other bank ATMs from 10 to five, effective October 1. The…
NPS Swasthya to launch 1 October with health cover
The Pension Fund Regulatory and Development Authority (PFRDA) has issued operational guidelines for NPS Swasthya, a new option under the National Pension System that combines retirement savings with a mandatory super top-up…
PFRDA launches NPS Swasthya with health cover up to Rs 30 lakh
The Pension Fund Regulatory and Development Authority (PFRDA) has issued operational guidelines for NPS Swasthya, a new health insurance option linked to the National Pension System (NPS). The guidelines were released on…
PFRDA finalises NPS Swasthya rules: 25% withdrawal cap, Rs 30 lakh cover
The Pension Fund Regulatory and Development Authority (PFRDA) has issued final operational guidelines for NPS Swasthya, its healthcare-focused pension scheme. The circular, issued on September 18, allows subscribers to make partial withdrawals…
NPS Vatsalya: Withdrawal and exit rules for minors explained
NPS Vatsalya, the National Pension Scheme for children below 18, allows parents to partially withdraw up to 25% of the contributed amount after three years, and only thrice until the child turns…
Pensionbazaar launches Wealth 360 unified wealth tracker
Pensionbazaar has launched Wealth 360, a unified dashboard that lets users view their bank accounts, stocks, mutual funds, fixed deposits and NPS in one place. The tool, launched on August 26, aggregates…
NPS now allows 100% equity option under new framework
The National Pension System (NPS) now permits non-government subscribers to invest up to 100% of contributions in equities under the Multiple Scheme Framework (MSF), Livemint reports. Previously, equity exposure was capped at…
PFRDA taps mutual fund distributors to widen NPS reach via StAR platform
The Pension Fund Regulatory and Development Authority (PFRDA) is encouraging mutual fund distributors (MFDs) to onboard customers into the National Pension System (NPS) using the StAR NPS digital platform. PFRDA Chairperson Sivasubramanian…
PFRDA chief says India retirement income rate 35-40% versus global 60%
Pension Fund Regulatory and Development Authority (PFRDA) Chairman S. Ramann said India's retirement-income replacement rate is around 35-40%, well below the global benchmark of about 60%. Speaking in Chennai on Friday, Ramann…
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