NPS Calculator
The NPS calculator is designed to calculate how much pension and maturity amount you will receive on retirement under the NPS scheme.
What is the NPS Calculator?
The national pension scheme (NPS) calculator can determine the pension wealth and maturity value based on the investment amount, rate of return, and current age. You can also check your financial stability when you retire at the age of 60. The NPS subscriber can withdraw the lumpsum amount after the age of 60.
How to Use the NPS Calculator?
- Firstly, enter the monthly amount that you want to invest. The minimum amount should be Rs. 500.
- Now enter the expected rate of return per year. It may be between 8% to 15%. But you can enter any value.
- Lastly, select your age using the slider option and press the calculate button.
- That's all. Our calculator will start calculating and show the final maturity amount, interest earned, and total investment on your screen.
- In addition, it shows the lumpsum value, which is 60% of the maturity value, and the minimum annuity investment, which is 40% of the maturity value.