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Nps Withdrawal Form 502 PDF

Nps Withdrawal Form 502 PDF

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I'm here to talk about premature withdrawal of NPS let us say you have completed five years of working and now you want to prematurely withdraw the all the money we understand in MPS in such a case you are allowed to withdraw but only 20 of the accumulated amount can be withdrawn as lump sum and 80 would have to be converted to an annuality for example if you've saved let us say 10 lakhs you in a shorter period of time and not at 60 years of age and out of the 10 lakhs 2 lakhs you can withdraw as in a premature way and rest 8 lakhs would be coming to an annual team on a month a month basic indicator income

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