Hyderabad, Feb. 24 -- : KFin Technologies Limited, a Central Recordkeeping Agency under the National Pension System, has enabled instant withdrawals for healthcare expenses under the NPS Swasthya scheme in collaboration with Apollo 24/7 and ICICI Prudential Pension Funds.
Through this integration, NPS subscribers can link their NPS Swasthya account with the Apollo 24/7 payment app or portal and pay eligible medical expenses seamlessly, similar to a UPI transaction.
The facility allows subscribers to use a portion of their Swasthya contributions for healthcare needs, while the remaining retirement corpus continues to stay invested, the company said in a release.
As the CRA, KFintech is responsible for validating accounts, processing trans...