NPS Lite

About

NPS-Lite is a low-cost pension scheme for workers in the unorganized sector, with government co-contribution under the Swavalamban scheme. The scheme was launched in 2010 to provide old-age income security to economically disadvantaged sections of society. Given the launch of the Atal Pension Yojana (APY) in 2015, fresh enrolment under the NPS-Lite / Swavalamban scheme was ceased except for the enrolment of Gramin Dak Sevaks (GDS) of the Department of Post.

Exit from NPS-Lite/Swavalamban

A subscriber may exit from the NPS and NPS-Lite/Swavalamban only in accordance with the provisions of the PFRDA (Exits and Withdrawals under the NPS) Regulations, 2015. The said Regulations constitute a comprehensive framework stipulating the applicable conditions under which exit or withdrawal from NPS and NPS-Lite/Swavalamban is permitted.

For more details on Exit from NPS and NPS-Lite/Swavalamban, please refer to PFRDA (Exits and Withdrawals) Regulations, 2015 or refer the FAQs Section pertaining to Exit.

Quick Links
Circulars CRA - Protean Form CRA - Kfintech Forms

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1800 110 708

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