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National Pension Scheme (NPS) Calculator



Monthly contribution
Current Age
My expectation of return on investment is
I would like to purchase Annuity for
I am expecting an Annuity rate of
Total years of contribution
Lump sum Value
Annuity Value
Total Investment
Total Corpus
Your Expected Monthly Pension will be

NPS CALCULATOR 

The National Pension Scheme (NPS) calculator provided is a tool that will enable an individual to calculate the amount of money they’ll potentially receive as pension.  

ABOUT NPS CALCULATOR 

Introduced by the Central Government, NPS (National Pension Scheme) came into the existence from 1st January 2004 for all the government employees. Although, from 1st May 2009, NPS was made available for every Indian. NPS is regulated by the ‘Pension Fund Regulatory and Development Authority (PFRDA) and has been appointed as the ‘Central Recordkeeping Agency (CRA) by PFRDA’. Administration, keeping all record in-tact, and customer service is done by CRA, also, The Permanent Retirement Account Number (PRAN) is issued by CRA to every member of NPS.  

THE TYPES OF NPS ACCOUNT 

There are two kinds of accounts under NPS 

  • Tier – I: No withdrawals are allowed in this criterion until an individual reaches the age of 60 years. After reaching 60 years, an individual can withdraw a certain percentage of the premium in a lumpsum whilst rest is used to buy an annuity. 
  • Tier – IIUnder this criterion, the subscriber can withdraw the money anytime. It is more like a savings account. NOTE: To open a Tier-II account, an individual must have an active Tier- I account.  

THE NPS CALCULATOR CAN BE USED BY? 

Individuals who are eligible (ages of 18 years & 60 years) can invest in the NPS scheme. However,  individuals must be Know Your Customer (KYC) compliant to invest.  

METHOD TO USE NPS CALCULATOR 

  • Your current age and the age you are willing to acquire. 
  • The amount you are looking forward to investing in NPS account per month. 
  • The expected rate of return from your investment. 
  • The number of years you would like to receive as retirement pension. 
  • The %age cannot be less than 40% if you wish to withdraw after 60 years of age and it cannot be less than 80% if you withdraw before 60 years of your age.  
  • After the retirement, the expected rate of interest of the annuity investment is the total amount you’ll earn from your pension.  

BENEFITS OF NPS  

  • You can claim a tax deduction of up to Rs 1.5 lakh can be claimed for NPS for your contribution as well as for the contribution of the employee 
  • You can claim tax benefit under section 80CCD (1), 80CCD (2), 80CCD(1B) of the income tax act.  
  • Under the 80CCD (1), of the Income tax act 80 (C), covers self-contribution. The salaried employees can claim a maximum deduction of 10% of their salary, while self- employed individuals can claim up to 20% of their gross income.  
  • Under the 80CCD (2), which is one of the parts of section 80C, covers the employer’s contribution towards NPS. The maximum amount that an individual is eligible for deduction is either the employer’s NPS contribution or 10% of basic salary plus Dearness Allowance. 
  • You can claim an additional self-contribution (up to Rs 50,000) under section 80CCD (1B) as NPS tax benefit. 

DETAILS SHOWN BY THE NPS CALCULATOR 

The details shown are: 

  • The total amount earned at the time of maturity, 
  • The interest earned, and 
  • The total amount invested.  

NOTE: The calculator will showcase an estimate of the potential pension, not an accurate figure. 

Attention Investor
Investments in Mutual fund & Securities Market are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund or designing a portfolio that suits your needs. Terms and conditions of the website are applicable.

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Estee Financial Services Pvt. Ltd. (hereinafter referred to as “EFSPL”), 7th Floor, Block 1, Vatika Business Park, Sohna Road, Sector 49, Gurugram, Haryana 122001.
CIN: U51909HR2012PTC054035

Registration Detail 
Estee Advisors Pvt Limited (hereinafter referred to as “EAPL”) is registered with the Securities and Exchange Board of India as Stock Broker with registration number INZ000170130 and registered with BSE Star with code 24408 for mutual fund transaction facility.ECPL and EAPL are group companies and EAPL is authorized to provide its services to the Users on the Gulaq website/app under a license agreement with ECPL

Complaints & Grievances 
In case of any grievances/ complaints please write to us 

 

Mutual fund investments are subject to market risks, read all scheme documents carefully.

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