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NPS Calculator: Big News! Rs 50,000 pension is required every month after retirement, know how much you have to invest monthly,check details immediately

NPS Scheme: After retirement, most of the people are worried about their monthly expenses. If you also want to live tension free without any money crunch, then you can invest in the scheme made by this government. For this, retirement planning has to be started during the job itself. So that, at the time of retirement, a large fund can be created and regular pension keeps coming. For this the National Pension System can be a best option. Let us know about this scheme.

In NPS, if you take 40 percent annuity and the annuity rate is 6 percent annually, then after retirement you will get Rs 1.56 crore together. Then 1.04 crore will go into annuity. Now from this annuity amount, you will get a pension of Rs 51,848 every month. The higher the annuity amount, the higher will be your pension.

If you invest at the age of 21

If the average age of the investor is 21 years and he invests Rs 4,500 monthly, then he will invest 39 years from the age of 21 to 60 years. That is, he will invest Rs 54000 annually and in 39 years, Rs 21.06 lakh will be invested in the scheme. 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 a pension of Rs 51,848 per month. It has been calculated according to an estimate.

You can open NPS online

  • Click on the link or to open eNPS.
  • Click on New Registration and fill your details and mobile number. Your mobile number will be verified with OTP. Fill the bank account details.
  • Select your portfolio and fund.
  • Enter the name of the nominee.
  • You will have to give a canceled check of the account for which you have filled the details. You have to upload canceled cheque, photograph and signature.
  • You have to make your investment in NPS.
  • After making the payment, your Permanent Retirement Account 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. This will do your KYC (Know your customer). While registering, keep in mind that it should match the details given in your bank account. At present 22 banks are providing the facility of taking NPS online. Their information will be available on the website of NSDL.


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