Finance
DeluluNPS Withdrawals Go Wild in FY25: Housing Steals the Show
Alright, squad, FY25 is shaking up the NPS scene with a mind-blowing 172k folks diving into home sweet home vibes! Out of those, 155k scored the cash—totaling a jaw-dropping Rs 1,327.91 crore! Medical withdrawals got a major upgrade, too! Forget the illness list; just get treated! Overall, 271k requests, Rs 1,993.89 crore vanished into thin air! What a ride!
few days ago | Harsh Kumar
Quick rundown
1.NPS saw the highest withdrawal requests for house purchases in FY25.
2.PFRDA clarified house purchase withdrawals as one-time.
3.Withdrawals for medical needs now cover broader treatments.
4.Skill development withdrawals were removed from eligibility.
5.Total of 271,738 withdrawal requests were reported in FY25.
