KFin Technologies Limited (KFintech), a Central Recordkeeping Agency (CRA) under the National Pension System (NPS), has enabled instant withdrawals for medical expenses under the NPS Swasthya Scheme.
The facility has been developed in partnership with Apollo 24/7 and is available as a payment option on the Apollo 24/7 app and portal.
The NPS Swasthya Scheme was launched by ICICI Prudential Pension Funds. It allows subscribers to use part of their NPS contributions to pay for eligible medical expenses.
The remaining retirement corpus stays invested, helping individuals manage healthcare costs without disturbing their long-term retirement planning.
Subscribers can link their NPS Swasthya account with the Apollo 24/7 app and make payments for medical services, almost like a UPI transaction.
As the CRA, KFintech handles:
This ensures transparency, compliance, and smooth processing within the regulated NPS framework.
Investments in NPS Swasthya can be made through:
According to KFintech’s management, the initiative shows how technology can make retirement solutions more flexible while maintaining governance and compliance.
The digital infrastructure ensures secure validation, rule-based processing, and clear audit trails, safeguarding subscribers’ retirement savings.
KFintech is a technology-driven financial services platform serving asset managers and corporate issuers across India and 18 global markets. It is one of the three central recordkeeping agencies for NPS and is a leading provider of investor and issuer solutions in India.
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KFin Technologies share price (NSE: KFINTECH) closed at ₹1,002.50 on February 24 at 3:30 pm IST, down ₹8.80 or 0.87% for the day. The stock opened at ₹1,009.00 and touched an intraday high of ₹1,009.50 and a low of ₹988.00. The company has a market capitalisation of ₹17.17 lakh crore and is trading at a price-to-earnings (P/E) ratio of 49.89. Its 52-week high stands at ₹1,388.50. The stock offers a dividend yield of 0.75%, with a quarterly dividend amount of ₹1.88 per share.
The NPS Swasthya initiative marks an important step in combining retirement planning with real-life healthcare needs. By enabling controlled and compliant withdrawals for medical expenses, KFintech is helping make the pension system more flexible while preserving long-term financial security.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 24, 2026, 4:13 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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