If there is a return of 10 percent, then on maturity it will be Rs 2.59 crore. That is, on retirement, you will get about Rs 51,848 per month pension.
If you are employed and worried about the future after retirement, then this news is of your use. Although many pension plans give you the benefit of good pension after retirement, but the National Pension System (NPS) Calculator) can prove to be a best option for you.Under this, you can get a pension of Rs 51,848 per month after retirement by investing Rs 4,500 every month. Keep in mind that before investing, investors should read all the terms and conditions thoroughly.
Actually, the National Pension System is a government scheme. There is an option of 40 percent annuity in NPS, after retirement at the annual annuity rate of 6%, a lump sum amount of Rs 1.56 crore is available, the remaining amount is Rs 1.04 crore. Will go into annuity. With the same annuity amount, you will get a pension of Rs 51,848 every month. You can also transfer your NPS account, you can also change its location according to your need.
The special thing is that the more the annuity amount, the more pension you will get. The figures and returns may vary according to age. The more you invest in this, the more pension you will get. Anyone between 18 years and 65 years can invest in this. In this, annual returns ranging from 9 to 12 percent are available. There is no tax burden in NPS. By investing in NPS, you can get the benefit of exemption of Rs 2 lakh.
Under this, if the average age of the investor is 21 years and he invests Rs 4,500 monthly, then from 21 years to 60 years he will invest Rs 54000. Under this, he will have to invest about Rs 21.06 lakh for 39 years and if he gets 10 percent return, it will be Rs 2.59 crore on maturity. That is, then on retirement, you will get a pension of about Rs 51,848 per month. This is shown as an example, this amount can be more or less.
Account can be opened like this
- To open an NPS account, go to enps.nsdl.com/eNPS or Nps.karvy.com and click on New Registration.
- After filling all the details, the mobile number will be verified with OTP. Enter bank account details. Choose your portfolio and fund. set name.
- A canceled check has to be given to the bank account in which the details are entered. Apart from this, photo and signature will also have to be uploaded. After making the payment, your Permanent Retirement Account (PRN) number will be generated. You will also get a payment receipt.
- After making the investment, go to the ‘e-Sign/Print Registration Form’ page. Here you can register with PAN and NetBanking. It will do KYC (Know Your Customer).
