Activate my Tier-II
The NPS Tier II account is voluntary and flexible where you are free to contribute and withdraw the funds without any restrictions. The contributions made towards the Tier II account are not eligible for any tax benefit under NPS.
Important FAQs
Can anyone open Tier II account?
Only NPS Tier I account holders are eligible to open Tier II account.
Are there any restrictions on withdrawn for Tier II account like Tier I for NPS?
No, you are free to withdraw the funds from your Tier II account without any restrictions
Will I get any tax benefit on withdrawal from NPS Tier II account ?
No tax rebates/special treatment is available for the gains arising out of investment in NPS Tier-II. You will be liable for taxation as per the marginal tax rate applicable to you.