Facility of Systematic Lump sum Withdrawal (SLW) for NPS Subscribers
It has been proposed to provide the option of phased withdrawal of the lump sum through the Systematic Lump Sum Withdrawal (SLW) facility. The subscribers are allowed to withdraw up to 60% of their pension corpus, through the SLW on a periodical basis viz. monthly, quarterly, half-yearly or annually for a period till 75 years of age as per the choice at the time of their normal exit.
