Online Withdrawal Process applicable from

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Presentation transcript:

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

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

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

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

Enter your User ID and password Nodal Office has two 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

1001028801 **********

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

User need to select transaction type as “Withdrawal Request”

Enter PRAN 110051132967

Click on hyperlink to view withdrawal request 1001028800

Nodal Office will check the captured details vis-à-vis request submitted by the subscriber

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

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