Investemt Per month
Expected return (P.a)
Min. annuity investment
The NPS (National Pension System) calculator is a tool that helps you to determine the pension amount and lump sum you will receive when you retire. The only decision you have to make is how much your monthly contribution will be to the NPS (National Pension Scheme).
Navi’s NPS calculator carries a user-friendly design and can help estimate how much retirement corpus you’ll have and the investment amount required to reach the desired savings goal. Just enter the monthly/yearly investment amount, your age and the anticipated return in percent. The online calculator will give you the NPS details in a few seconds.
Calculating NPS returns can be tricky as they are market-linked investments. However, using online computing tools, the process becomes fairly simple. All you have to do is enter a few basic information regarding your pension scheme.
Here’s how you can calculate your NPS maturity amount using the Navi NPS calculator:
In simple terms, the formula for calculating the total amount at the time of maturity is:
Principal invested + returns obtained over the investment lifetime.
For example: If you are 25 years old and your NPS contribution is ₹5,000 per month and the expected rate of return is 8% p.a. the total investment would be around ₹21 lakh. This investment would have accrued interest of ₹93,69,412 at the time of maturity. Adding the interest and the principal, you would get ₹1,14,69,412 at the time of maturity.
Three funds are waiting for subscribers from NPS. These consist of:
There are a few disadvantages of the NPS scheme:
Fixed deposits are popular saving instruments that allow you to earn interest for depositing an amount for a fixed period.
A fixed deposit (FD) is a type of savings scheme that provides higher interest rates compared to a bank savings account.
Tax-saver FDs are fixed deposits that offer tax deductions through Section 80C of the Income Tax Act.