NPS Partial Withdrawal – A Quick Reference Guide for DoP Employees

 

NPS Partial Withdrawal – Summary for DoP Employees

📌 Eligibility

• 3+ years in NPS Tier-I account
• Central Government / Department of Posts employees

💰 Withdrawal Amount

• Maximum: 25% of employee's own contribution only

❌ Government contribution cannot be withdrawn
🔁 Frequency & Gap

• Up to 3 withdrawals during entire service
• Minimum 5 years gap between withdrawals

⚕️ Gap relaxed for medical emergencies
✅ Permitted Purposes

• Children's higher education
• Children's marriage
• Purchase/construction of house
• Medical treatment / critical illness

💸 Tax Benefit

• Withdrawal up to 25% is tax-free

📝 Application Process

• Fill NPS withdrawal form
• Submit to Nodal Office / DDO
• Processed via CRA (NSDL / Protean)
• Amount credited to bank account

⚠️ Important Notes

• Only Tier-I account eligible
• Supporting documents required
• Approval through PAO / Nodal Office

📞 Contact
Your Nodal Office / DDO for further details