Authorization of Superannuation / Premature exit request by POP

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Presentation transcript:

Authorization of Superannuation / Premature exit request by POP Online Withdrawal Process applicable from April 1, 2016 Authorization of Superannuation / Premature exit request by POP

If the withdrawal request is captured by the subscriber, POP will have to first verify and then authorize the request If POP initiates / captures the withdrawal request, then the POP needs to authorize the request

This video demonstrates how POP would authorize a withdrawal request in CRA System

To authorize withdrawal process, the user needs to go to https://cra-nsdl.com/CRA/

Click on Digital Certificate & Enter your User ID Nodal Office has 2 User ID’s. The ID which is used for initiation (capturing) or verification of the withdrawal request can not be used to authorise withdrawal request

130035905

Click on “Transaction” Click on “Authorize Transaction” to authorize withdrawal request

Click on Transaction type and select “withdrawal request”

Enter PRAN 110031211475

Click on hyperlink to view withdrawal request

To reject the request, select “Reject” and click on “Submit” button To authorize the request, select “Authorize” and click on “Submit” button Reason for rejection is mandatory for all rejected cases

This step completes the online withdrawal process at Nodal Office Withdrawal request will be processed in CRA system, once Nodal Office authorizes the online withdrawal request Nodal Office will authorize the physical withdrawal form and documents The system generated form along with the documents need to be forwarded to CRA for storage at the address given below: NPS Claim Processing Cell, 1st floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013, India.

Thank you for viewing the demonstration. In case of any assistance, please contact CRA