Pension Fund Regulatory and Development Authority (PFRDA)
Implementation of Multiple NAVs Framework
Effective Date: 01st April 2026
System Transition & Temporary Service Closures
To implement these changes, Central Recordkeeping Agencies (CRAs) and Pension Funds will undergo system upgrades. During this transition, several services will be temporarily unavailable:
| Activities / Transactions Affected | Period of Closure (2026) |
|---|---|
| Inter CRA Shifting | 25th March to 1st April |
| Rebalancing of Portfolio | 28th March to 1st April |
| Subscriber Shifting, Error Rectification, One-Way Switch, Subscriber Preference Change, and NPS to UPS Migration Requests | 27th March (from 10:30 AM) to 1st April |
| NPS Lite to APY Migration | 27th March to 1st April |
| Withdrawals (Exit, Tier 2, Partial, and Family Pension) | 31st March (at 10:30 AM) to 1st April |
Important Information for Subscribers
- Service Resumption: All affected transactions can be resumed from 02nd April 2026 onwards.
- Active Services: Onboarding/registration of new subscribers and contributions by existing subscribers will not be affected and will continue normally during this period.
- Planning: Subscribers and stakeholders are advised to schedule their pending transactions according to these closure dates.
Educational Purpose Only: The information provided in this article is for general informational and educational purposes only.
Accuracy & Mistakes: While every effort has been made to ensure accuracy, human errors or omissions may occur.
No Liability: Under no circumstances shall the author or this website be held liable for any loss arising from the use of this information.
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