Saturday, 10 July 2021

CPS Online Processing of Partial (Conditional) Withdrawal Request by POP

CPS Online Processing of Partial (Conditional) Withdrawal Request by POP | CPS CRA NSDL STANDARD OPERATING PROCEDURE (SOP) Online Processing of Partia

CPS Online Processing of Partial (Conditional) Withdrawal Request by POP | CPS CRA NSDL STANDARD OPERATING PROCEDURE (SOP) Online Processing of Partial (Conditional) Withdrawal Request by POP| CPS ఉద్యోగుల పాక్షిక ఉప సంహరణ ఎంప్లాయ్ సెల్ఫ్ డిక్లరేషన్ తో  విత్ డ్రా చేసుకొనే విధానం


CPS Online Processing of Partial (Conditional) Withdrawal Request by POP



CPS ఉద్యోగులు ఏ ఏ కారణాలతో పాక్షిక ఉపసంహరణ చేసుకోవచ్చు? ఏ ఏ కారణాలకు ఏ ఏ డాక్యుమెంట్స్ అవసరం? పాక్షిక ఉపసంహరణ కు మోడల్ కవరింగ్ లెటర్ పాక్షిక ఉపసంహరణ అప్లికేషన్-FORM:601 PW ఆన్లైన్లో అప్లై చేసే విధానం




CPS ఉద్యోగుల పాక్షిక ఉప సంహరణ ఎంప్లాయ్ సెల్ఫ్ డిక్లరేషన్ తో  విత్ డ్రా చేసుకొనే విధానం


CPS ఉద్యోగుల పాక్షిక ఉప సంహరణ ఎలా?                                            

తేదీ:14/01/2021 న PFRDA వారు CIR NO:PFRDA/2021/3/SUP-ASP/3, ప్రకారం పాక్షిక ఉపసంహరణను ఎంప్లాయ్ సెల్ఫ్ డిక్లరేషన్ తో  విత్ డ్రా చేసుకోవచ్చు అని అవకాశం ఇచ్చినను,రాష్ట్ర ప్రభుత్వం దానికి తగు సవరణ ఉత్తర్వులు ఇప్పటికీ ఇవ్వలేదు, కావున పాత పద్ధతి లొనే పాక్షిక సంహరణ చేసుకోవాలి.                                                     


Instructions for filling up the form: 


1 All fields marked with are mandatory All dates should be in DD|MM|YYYY

2 The Subscriber shall submit the application to the respective Nodal Office/POP/Aggregator for processing of request.

3 Before submitting the withdrawal form, subscriber should ensure that the bank account details are matched from the bank passbock' bank statement or cheque etc to ensure that the details are correct, Subscriber should also attach the bank proof (cancelled chequolcopy of bank passbook/bank certificate) with the Partial Withdrawal Form submitted

4 Subscriber should specity the purpose at Partial Windrawal and a proct need to be submitted for the same of

5 Subscriber should be in the NPS areast for a period of 3 years

A subscriber shall be permitted to withdraw not exceeding 25% of the contributions made by such subscriber to his/her individual pension account.

6 The Nodul officer/POP/Aggregator must verify the details of the bank account of subscriber.

7. Withdrawal amount received after the execution of the withdrawal request can be different from the requested amount to the extent of difference of two different days

8 The withdrawal amount shall directly be credited to the bank account of the subscriber as mentioned in the withdrawal form in NAV in case, the subsober already owns either individually or in the joint name a residential house or flat, other than ancestral property, no withdrawal PFRDA regulations is permitted under

10. Treatment of specific liness covers the subscriber, his legaly wedded spouse, children, including a legally adopted child or dependent parents suffer from the specified illness, which shall comprise of hespitalization and treatment

11. Withdrawal under skill developmentire-skilling is applicable as per following conditions:

Skil Development program/activities sponsored by employer for employees is not eligible for partial withdrawal

Amount which can be released under Skill Development option shall be subject to the actual fee of the course/training, subject to the maximum celling of 25% of employees own contribution without considering returns thereto

Duration of the course should be of 3 months or more The course should be either a regular program or distance education program or a skill development program

12 Withdrawal under establishment of own venture or any start up is applicable to subscribers registered under All India Citizen (UOS) sector only

13. For further details regarding point no 11 & 12 kindy refer PFRDA Circular No: PFROA/2018/55/Exis dated August 05, 2018

14.The permitted withdrawal shall be allowed only if the eligibility criteria and limit for availing 

15. Frequency, the subscriber shall be allowed to withdraw only a maximum of three times curing the entire tenure of subscription under the National the benefit are complied with by the subscriber Pension System

16. For more detailed description of Partial Withdraww option under NPS, please refer Regulation & of PFROA (Exits & Withdrawas under NPS) Regulations 2015 and amendments there

17. The Nodal office/POP/Aggregator shat capture the details of the subscriber mentioned on the form and forward the same to NPS Claims Processing Cell (NPS CPC) ar address mentioned 


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