NPS Calculator
The NPS Calculator is a free online tool that allows you to calculate the maturity value of your National Pension System (NPS) investments. It provides the estimate of the amount available for lump-sum withdrawal upon maturity. Moreover, the annuity calculation will determine your monthly pension after retirement.
The NPS Calculator is simple to use and allows you to quickly calculate the future value of your monthly payment to the National Pension System. To help you decide whether to invest in the National Pension System or not, continue reading to learn the basics of how the NPS calculator operates.
12,60,000
You Invested
+
1,02,24,830
Interest Earned
=
1,14,84,830
Maturity amount
Lump sum Value 68,90,898
Annuity Value 45,93,932
Monthly Pension 38,283
Disclaimer: Invoice Temple makes no assurances regarding the accuracy of the results generated by the tool and accepts no responsibility for any errors or omissions.
Calculate your NPS return
Give us the basic figures and let us do our magic to show you how much you'd get when your fund expires.
What is NPS ?
The term NPS refers to the National Pension Scheme. As the name implies, it is a system through which Indians can protect their finances after retirement. It tries to help you in growing your corpus with small monthly deposits. It will not deplete your savings. Anyone between the ages of 18 and 60 can invest in the NPS if they follow the KYC standards.
The formula for calculating NPS in India is: A = P (1+r/n) ^ nt.
| A | Total corpus quantity upon maturity. |
|---|---|
| P | Principal sum |
| r | Represent the annual interest rate |
| n | The NUmber of the Times interest is compounted each year |
| t | Time ( Years ) |
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How can an NPS calculator benefit you?
Here's how the NPS pension calculator can help you.
- It shows you how much money you are entitled to in the future. The pension amount is an investment, not a liability. To determine the total corpus, use an online NPS calculator.
- The current law bans anyone from taking out their entire post-retirement balance. Additionally, 40% of the entire amount must be invested in pensions. Also, the remaining 60% is liable to taxation. All of these values will be defined in detail once you start using our NPS plan calculator.
- The calculator makes no errors. If you've tried to manually calculate pension amounts, you'll see how difficult it is. Fortunately, our nps calculator will automate the whole process.
- Finally, you can now calculate the tax scheme on pension funds. The total amount you will have every month-end, and various other facts using the calculator.
Frequently Asked Questions?
The NPS Calculator Online is a tool for calculating your retirement savings and expected monthly pension under the National Pension System. It indicates the growth of your investments. It evaluates your investment by taking into account your contributions, predicted returns, and investment duration.
The calculator generates accurate estimations based on current tax laws and investment standards. However, real outcomes may differ based on market conditions and tax laws.
You have to enter your current age, contribution amount (monthly or annual), estimated rate of return, and retirement age.