KFintech Enables NPS Swasthya Withdrawals For Healthcare

04 Mar 2026 CW Team

KFintech will perform account validation, transaction processing and settlement within the NPS framework to facilitate payments to healthcare providers. When a payment request is made through the partner network the request will be validated, units will be redeemed as per rules and the payment will be settled to the provider to ensure a compliant experience. Registration for NPS Swasthya is open on the Apollo 24/7 app and the ICICI Prudential Pension Funds website.

The company said that the proof of concept represented a progressive step towards financial inclusion by making retirement solutions responsive to healthcare needs within a regulated structure. It said that such flexibility within a long term retirement system required robust technology and recordkeeping to ensure governance, transparency and rule based processing rather than discretionary access. KFintech noted that its digital architecture provides secure validation, compliant unit redemption and auditable transaction flows to protect subscriber retirement savings.

The initiative underlines the role of technology led recordkeeping in supporting regulatory innovation within the NPS ecosystem and aims to improve accessibility and execution for subscribers under the sandbox framework. The company described the service as an example of how digital platforms can integrate payment rails and pension recordkeeping to address real life healthcare needs without compromising long term retirement goals. KFintech is listed on the National Stock Exchange of India and BSE and said that General Atlantic Singapore Fund Pte Ltd is its promoter.

KFin Technologies Limited (KFintech), a Central Recordkeeping Agency (CRA) under the National Pension System (NPS), has enabled instant withdrawals under the NPS Swasthya Scheme in collaboration with Apollo 24/7. The option is available on the Apollo 24/7 payment app and portal and subscribers may link their NPS Swasthya account to meet medical expenses as quickly as making a UPI payment. This allows eligible medical costs to be addressed from NPS Swasthya contributions while the remaining retirement corpus stays invested. KFintech will perform account validation, transaction processing and settlement within the NPS framework to facilitate payments to healthcare providers. When a payment request is made through the partner network the request will be validated, units will be redeemed as per rules and the payment will be settled to the provider to ensure a compliant experience. Registration for NPS Swasthya is open on the Apollo 24/7 app and the ICICI Prudential Pension Funds website. The company said that the proof of concept represented a progressive step towards financial inclusion by making retirement solutions responsive to healthcare needs within a regulated structure. It said that such flexibility within a long term retirement system required robust technology and recordkeeping to ensure governance, transparency and rule based processing rather than discretionary access. KFintech noted that its digital architecture provides secure validation, compliant unit redemption and auditable transaction flows to protect subscriber retirement savings. The initiative underlines the role of technology led recordkeeping in supporting regulatory innovation within the NPS ecosystem and aims to improve accessibility and execution for subscribers under the sandbox framework. The company described the service as an example of how digital platforms can integrate payment rails and pension recordkeeping to address real life healthcare needs without compromising long term retirement goals. KFintech is listed on the National Stock Exchange of India and BSE and said that General Atlantic Singapore Fund Pte Ltd is its promoter.

Resources

17 Apr 2026

Origen Realty appoints Poulomi Ray as CMO

Origen Realty has appointed Poulomi Ray as Chief Marketing Officer, strengthening its leadership team as it advances its growth and brand strategy. Poulomi Ray brings nearly two decades of experience in brand building and marketing across real estate and hospitality sectors, with prior roles at Signature Global, DLF Limited, Paras Buildtech, MGM International and Hilton. In her new role, she will lead marketing and brand direction at Origen Realty, focusing on visibility, differentiation and market engagement as the company progresses its integrated development plans in Gurugram. Commenting..

Building Material

17 Apr 2026

Haver & Boecker Niagara to showcase solutions at Hillhead

Haver & Boecker Niagara will showcase its mineral processing technologies at Hillhead 2026, scheduled from June 23–25 in Buxton, UK.At Stand PA3, the company will present its end-to-end solutions including screeners, screen media and advanced diagnostics, with a focus on improving efficiency, uptime and throughput for aggregates producers.Highlighting its screen media portfolio, the company will feature Ty-Wire media with hybrid design offering up to 80 per cent more open area, alongside FLEX-MAT® solutions designed to enhance wear life and throughput while reducing blinding and cloggin..

Real Estate

17 Apr 2026

CREDAI-MCHI meets Maharashtra Revenue Minister on issues

Navin’s, a Chennai-based real estate developer, has won the 17th CIDC Vishwakarma Award 2026 for its residential project Navin’s Hanging Gardens located on Arcot Road, Valasaravakkam. The award was presented by the Construction Industry Development Council (CIDC) under the category of Best Construction Projects, recognising the development’s achievement in innovation, design excellence and sustainability.The award was received by Chandrasekar PN, General Manager, Technical, Navin’s, at the ceremony held in New Delhi.Inspired by the legendary Hanging Gardens of Babylon, the project has ..