If you get 10 percent return, then 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.
If you are worried about your career and future after retirement, then this news is useful for you. Although many pension plans give you the benefit of good pension after retirement, but 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 per month. Keep in mind that investors should read all the terms and conditions thoroughly before investing.
Actually, National Pension System is a government scheme. NPS has 40% annuity option, after retirement at 6% annual annuity rate, a lump sum amount of Rs 1.56 crore is received, the remaining amount is Rs 1.04 crore. Will go to annuity. With this 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 you keep the amount of annuity, the more pension you will get. In this, the figures and returns can vary according to age. The more you invest in it, the more pension you will get. Anyone from 18 years to 65 years can invest in this. It gives an annual return of 9 to 12 percent. There is no tax hassle 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.
This is how you can open an account
- To open an NPS account, visit 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).
