NPS means Form National Pension System, It help individuals estimate the future value of their pension corpus under the NPS scheme. The NPS is a government-backed retirement savings scheme in India that encourages individuals to save regularly for their retirement. The NPS calculator assists users in determining how much their monthly or annual contributions will grow over time, factoring in the expected returns, and provides an estimate of the total corpus they can accumulate by the time they retire.
Total Investment
Interest Earned
Maturity Amount
Min. Annuity Investment
The amount that the individual intends to contribute to the NPS on a monthly or annual basis. NPS allows both regular and lump sum contributions. The rate at which the invested amount is expected to grow. NPS offers different investment options, such as equity, corporate bonds, and government securities, which have varying return rates. The calculator uses an assumed return rate based on the asset allocation chosen by the investor. The number of years the individual will contribute to the NPS before retirement. This typically ranges from the individual's current age to the retirement age (commonly 60 years).
The formula for NPS Calculator:
NPS The pension amount.
P The principal amount.
r The annual rate of interest.
n The number of times interest compounds.
t The investment tenure.