Transferability restriction: contributions to NPS Tier II Tax Saver Scheme are not assignable, pledged or hypothecated during lock-in. Contributions to the specified account under the National Pension Scheme Tier II - Tax Saver Scheme, 2020 may not be assigned, pledged or hypothecated ... Summary
Transferability restriction: contributions to NPS Tier II Tax Saver Scheme are not assignable, pledged or hypothecated during lock-in.
Contributions to the specified account under the National Pension Scheme Tier II - Tax Saver Scheme, 2020 may not be assigned, pledged or hypothecated during the lock-in period, imposing a categorical prohibition on transferability or encumbrance of those contributions while the lock-in applies.
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