Paragraph match score 78.7%
Page A-741
What is an NPS Refund?
On retirement (60 years): You can withdraw up to 60% of your corpus as a lump sum, with the remaining 40% used to purchase an annuity for regular pension income
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NPS Withdrawal Rule:
Withdrawal at 60 years: Once you reach 60 years of age, you can withdraw 60% of the total accumulated amount. The remaining 40% is used to purchase the annuity.