NPS: Big news! Deposit 10 thousand rupees every month and get a profit of Rs 1.5 lakh per month, know here what is the way

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Minimum Pension Hike: Demand to increase minimum pension to Rs 7,500 under EPS-95, pensioners will protest
Minimum Pension Hike: Demand to increase minimum pension to Rs 7,500 under EPS-95, pensioners will protest
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NPS is a scheme in which the customers get consistent returns. It is managed by the Pension Fund Regulatory and Development Authority (PFRDA). The maximum age to join NPS has been increased from 65 years to 70 years.


To live your life in a dignified manner in the midst of rising inflation, it is necessary that you have a decent amount of money. But keeping it safe by adding money for the future is not so easy, especially when you have retired from your job. High inflation can destroy your retirement fund to a great extent like termites. In such a situation, a good monthly pension plan helps you a lot. National Pension Scheme (NPS) is one such scheme which not only gives you better returns but also gives you a fixed income every month in the form of pension. In this scheme, you can get a pension of 1.5 lakh rupees per month by investing 10 thousand rupees every month. How, we tell you that.

What is National Pension Scheme (NPS)

National Pension Scheme (NPS) is the most secure and ideal retirement plan recognized by the government and linked to equity. It is a pension-cum-investment scheme launched by the government to provide old age security to the citizens. That is, in this you not only get pension, but also get good returns. NPS not only gives you a lucrative opportunity to plan for retirement, but also saves through safe and market-based returns. The National Pension System Trust (NPST) created by PFRDA is the registered owner of all properties under NPS.

How much money will you get

Having equity in NPS enhances the returns due to longer duration of investment. In this, investors are required to buy an annuity of 40 per cent of the maturity value. The annuity guarantees that you get a fixed amount every month. At the time of maturity, you can withdraw up to 60 percent of the money. Thus you get the facility of both lump sum benefit and regular monthly pension.

With 60:40 equity to loan ratio, an annualized return of 10% can easily be achieved in NPS. As per the NPS calculator, a monthly investment of Rs 10,000 for a tenure of 30 years in an NPS account in a 60:40 equity to debt ratio will yield a lump sum of Rs 1,36,75,952 on maturity. Along with this, a pension of Rs 45,587 will be available. If you invest in a Systematic Withdrawal Plan (SWP) with a maturity amount of Rs 1,36,75,952 for a tenure of 25 years, you will get an additional 1.

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