NPS S12 Withdrawal Form Tier II - Summary
Filling the NPS S12 Withdrawal Form Tier II can seem tricky, but with the right instructions, it’s easy! This guide will help you complete the form correctly and allow you to download a helpful PDF for better reference.
Step-by-Step Instructions
1. Nodal Office# refers to the PAO/DTO/DTA/POP/POP-SP.
2. All fields marked with * are mandatory. Make sure to fill all dates in the DDMMYYYY format.
3. You must submit the application to the Nodal Office you are currently registered with CRA for Tier II.
4. Before submitting the withdrawal form, check if your bank account is active. If you find any mistakes, you can submit a Subscriber Details Change Request to update everything before turning in your withdrawal request form.
5. If you’re making a complete withdrawal, the total contributions from your Tier II account will be sent to you.
6. Be careful! A partial withdrawal request will be rejected if there isn’t enough balance in your Tier II account.
7. If you want to withdraw scheme-wise units, remember that the equity percentage cannot exceed 50% after the withdrawal.
8. Please note, the amount you receive after processing your withdrawal request may be different from what you asked for due to changes in the NAV over two different days.
9. The redeemed amount will be directly credited to your bank account based on the details in the CRA database.
Download Your Form
You can easily download the NPS S12 Withdrawal Form Tier II in PDF format using the link below. This helps ensure that every detail is correct.
Happy filling! 😊