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  • Uos S12

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AnnexureUOS-S12 Page 1 Withdrawal form for Tier II account under NPS (Please fill all the details in CAPITAL LETTERS & in BLACK INK only.) For POP-SP use: POP-SP Registration No.: Receipt No.:.

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How to fill out the Uos S12 online

The Uos S12 form is essential for users wishing to submit a withdrawal request for Tier II funds. This guide will help you navigate each section of the form online, ensuring you provide all necessary information correctly.

Follow the steps to complete your withdrawal request accurately.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Enter your PRAN (Permanent Retirement Account Number) in the designated field. This number identifies your account.
  3. Provide the name of the subscriber in the space provided. Ensure that you write it in capital letters and use black ink for clarity.
  4. Select the type of withdrawal you wish to make. You must tick either 'Partial Withdrawal' or 'Complete Withdrawal' based on your needs.
  5. Choose your preferred mode of withdrawal from the options: ECS or Account Payee Cheque. Ensure you understand the implications of each method.
  6. Review all mandatory fields marked with an asterisk (*), ensuring all information is complete and accurate before submission.
  7. Make sure your bank account is active to receive the funds. If any details require correction, submit a Subscriber Details Change Request before proceeding.
  8. After completing the form, ensure you sign or provide a thumb impression where indicated, confirming that the information provided is true to the best of your knowledge.
  9. Finally, save your changes. You can print, share, or download the completed form for your records.

Complete your withdrawal request online today and ensure all details are accurately reflected in your submission.

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In order to withdraw from Tier II account, the subscriber needs to submit a duly filled UOS-S12 to the associated POP-SP. On T+3 days, (T being the date of processing) the funds shall be transferred from the Trustee Bank to subscriber's bank account as registered in the CRA system.

There is no withdrawal limit for tier II account unlike tier I account. Tier II accounts are preferable for investing more but this does not feature any tax benefits under Section 80C.

NPS is a good option for those looking at a handsome retirement Corpus with higher internal rate of return from both Tier I as well as Tier II accounts. Whereas, Mutual funds suits those looking for a diversified investment pool over an extended period of time.

Yes, a subscriber can claim withdrawal in following cases: In case of Superannuation- A Subscriber can claim 100% Withdrawal if the total accumulated corpus is less than or equal to Rs. 5 lakh at the time of Superannuation/attaining age of 60 years.

NPS Tier 2 Withdrawal Tier 2 withdrawal can be only carried out offline through a PoP-SP. To do the same subscribers have to fill a UOS-S12 form and attach it with the supporting documents. The PoP will initiate the withdrawal request and disburse the amount within 3 days.

The Subscriber has to submit the request as per the prescribed format at any POP-SP of his/her POP. The form (UOS-S) for request for switch (from Tier II to Tier I) can be freely downloaded from CRA website .npscra.nsdl.co.in.

One needs to hold an NPS account for a minimum of 10 years to be eligible for NPS withdrawal before retirement. If the corpus is less than or equal to ₹2.5 lakhs, a subscriber can withdraw the entire amount, ing to new NPS premature withdrawal rules.

You can submit a request to close your NPS Tier 2 account by logging into your NPS account online through enps.nsdl.org. Alternatively you can close your NPS Tier 2 account by submitting an account closure form to your nearest NPS Point-of-Presence, typically your bank.

There is no withdrawal limit for tier II account unlike tier I account. Tier II accounts are preferable for investing more but this does not feature any tax benefits under Section 80C.

Where withdrawals are permitted by PFRDA, section 10(12A) of the Income -tax Act, 1961 provides for exemption of the withdrawal from NPS corpus. As per the PFRDA rules, a subscriber can withdraw maximum 60% as lumpsum and the remaining 40% must be mandatorily used for buying annuity.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232