NPS Scheme: Big News! Get Rs 50,000 pension every month after retirement, Know how much to save monthly, check details

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PM Pension Yojana: Good news! You will get a pension of 3000 rupees every month, apply soon like this
PM Pension Yojana: Good news! You will get a pension of 3000 rupees every month, apply soon like this

Retirement planning should 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’s know about this scheme and its complete maths ..



NPS Calculator: Along with the job, retirement planning is also necessary. If you do not plan for post-job expenses while working, then it will be too late. Everyone wants to live in tension free old age without any financial constraints. For this, it is necessary that like salary, it should remain a source of regular income.

For this it is necessary that retirement planning should 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’s know about this scheme and its complete maths ..

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. In this, the calculation has been done according to an estimate.

1.56 crores will be available on retirement 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 the annuity. Now from this annuity amount, you will get a pension of Rs 51,848 every month. The higher the annuity amount, the higher the pension you will get.

You can open NPS online

1- Click on the link Enps.nsdl.com/eNPS or Nps.karvy.com to open eNPS.

2- Click on New Registration and fill your details and mobile number. Your mobile number will be verified with OTP. Fill the bank account details.

3- Select your portfolio and fund.

4- For this you fill the name of the nominee.

5- The account whose details you have filled, you will have to give a canceled check of that account. You have to upload canceled cheque, photograph and signature.

6- You have to make your investment in NPS.



7- After making the payment, your Permanent Retirement Account Number will be generated. You will also get a payment receipt.

8- After investing, go to the ‘e-sign/print registration form’ page. Here you can register with PAN and Netbanking. With this your KYC (Know your customer) will be done. 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 found on the website of NSDL.

Tax exemption is available on NPS

At present, tax exemption is available on NPS under section 80 CCD (1), 80 CCD (1B) and 80 CCD (2) of income tax. Apart from section 80C i.e. Rs 1.50 lakh on NPS, you can take a further exemption of Rs 50,000. That is, by investing in NPS, you can take advantage of the exemption of Rs 2 lakh.


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