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National Pension System: Deposit 100 rupees daily in this scheme and get 1.15 crores on maturity, 20 thousand monthly pension will also be available in old age

National Pension System: Investment is made in this scheme till the age of 60 years. On maturity, a lump sum is paid as well as a pension.

Today you are going to tell about a scheme in which your old age is protected by depositing 100 rupees daily. At the age of 60, when you retire, there will be 1 crore 15 lakh rupees in your account. You will be able to get some part of it together, with some part you will also get monthly pension.

The National Pension System is one such scheme which aims at securing old age. It was started in 2004 for government employees, but in 2009 it was also opened to the general public. In this, you have to contribute till the age of 60 years. When the pension fund matures on retirement, some part can be withdrawn together. You get monthly pension from some parts. By depositing 100 rupees daily in this scheme, at the age of 60 years you will get a lump sum of 69 lakhs and 19 thousand rupees every month in the form of pension.

Corpus to be made of 1.15 crore

According to the NPS trust calculator, if A’s age is 25 years and he deposits 100 rupees daily or 3000 rupees every month in the National Pension System, then his future will be happy. 100 rupees per day, he will deposit 12 lakhs 60 thousand rupees in 35 years. If the return on investment is assumed to be 10% per annum, then the corpus at maturity will be close to 1 crore 15 lakhs.

It is necessary to keep 40 percent for pension corpus

Suppose he holds 40 percent of this corpus for pension, which is the minimum limit. A maximum of 60 percent can be withdrawn at the time of maturity of the NPS corpus. In this situation, the pension fund will be about 46 lakh rupees and together it will be able to withdraw about 69 lakh rupees. If he is expecting a return of 5% per annum on his pension fund, then he will get close to Rs 19,200 as pension every month.

Average return 9.65%

NPS is considered as the best pension scheme in the world. The average return for the last 10 years has been close to 9.65 per cent. Talking about tax saving, the benefit of annual deduction up to 1.5 lakh under 80C. Apart from this, additional tax benefit of 50 thousand is available under 80CCD (1B). You will have to deposit at least 1000 rupees annually in this scheme.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @
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