PRAN में से पैसा निकलेगा अब ऑनलाइन

PRAN में से पैसा निकलेगा अब ऑनलाइन

NPS WITHDRAWAL CLAIMS CAN BE PROCESSED ONLINE NOW

NPS Withdrawal Claims will be processed online – Subscribers can file withdrawal claims either online or as paper application
PFRDA has announced a new facility for online withdrawal process in CRA System for submission of NPS Claims. With a view to simplifying and streamlining the exit and withdrawal claims, the Central Record keeping Agency, NSDL e-governance services Ltd has developed the first phase of the functionality to process ‘Withdrawal Request’ for subscribers exiting NPS. In order to facilitate and expedite the process for settlement of the withdrawal claims of the subscribers of National Pension System (NPS), it has been decided that all the nodal offices (PAO’s/DDO/ POP’s/Aggregators etc) shall process the withdrawal claims of their underlying subscribers on the online platform being made available on the CRA system. The processing of all withdrawal claims on online mode shall be mandatory from 01st April, 2015.

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

PFRDA/2015/06/EXIT/01

25th February, 2015

To,

All Govt depts./PAO’s/DDO/ POP’s/Aggregators & CRA & other stakeholders

Dear Sir/ Madam,

SUB : Facility for Online Withdrawal Process in CRA System for submission of NPS Claims

With a view to simplifying and streamlining the exit and withdrawal claims, the Central Record keeping Agency, NSDL e-governance services Ltd has developed the first phase of the functionality to process Withdrawal Request for subscribers exiting NPS. In order to facilitate and expedite the process for settlement of the withdrawal claims of the subscribers of National Pension System (NPS), it has been decided that all the nodal offices (PAO’s/DDO/ POP’s/Aggregators etc) shall process the withdrawal claims of their underlying subscribers on the online platform being made available on the CRA system. The processing of all withdrawal claims on online mode shall be mandatory from 01st April, 2015. During the interregnum period i.e., from date of this circular till 31st March, 2015, CRA M/s NSDL e-governance Services Ltd, would provide the required support through guidance and training of the nodal offices(PAO’s/DDO/ POP’s/Aggregators etc), so that the advantages of the web enabled withdrawal /exit functionality can be used effectively to the full extent.

This functionality has been made available through the website of CRA and can be initiated at any of the levels of any of the functionaries as below:
A. At Nodal Offices (PAO/DDO/POP/Aggregator) – W hen the applicant her/himself does not files an online withdrawal/exit application but submits the physical application, nodal Offices will key in the particulars and initiate (capture, verify and submit) the withdrawal requests in CRA system under all the three categories (Exit due to Superannuation/attainment of 60 years, exit before the age of Superannuation/attainment of 60 years and exit due to Death)

B. For Subscribers – In case of Superannuation/attainment of 60 years, exit before the age of Superannuation/attainment of 60 years, the subscribers can also initiate withdrawal requests in the CRA system which shall subsequently have to be verified by the Nodal Office(PAO/DDO/POP/Aggregator) in CRA system, before it is considered and finally disposed off by the NPS Trust.

The Nodal Offices are requested to note that:

Once the withdrawal request is generated by the subscriber or Nodal office, the physical withdrawal request (print out of the form generated from the CRA system after submission of request) should be duly signed by the subscriber along with his photograph. The Nodal office shall certify the KYC Documents and other relevant supporting documents of the subscriber/claimant.
The Withdrawal form shall be forwarded by the Nodal Office after the certification to NPS Claims Processing Cell at CRA. The Checklist of the documents collected is enclosed as Annexure II.
If the physical withdrawa