Calculates the estimated pension amount based on the contributor's age, gender, and contribution amount.

Allows the contributor to choose from different investment options and calculates the estimated pension amount based on the chosen option.

Provides an option to add a spouse as a joint contributor and calculates the estimated pension amount for both contributors.

Allows the contributor to choose a different pension starting age and calculates the estimated pension amount based on the chosen age.

Provides an option to include additional contributions towards the pension and calculates the impact on the estimated pension amount.

Allows the contributor to view a detailed breakdown of the calculations and the assumptions used in the pension calculation.

Provides an option to save and print the pension calculation results.

The NPS (National Pension System) calculator can be used by anyone who wants to estimate the amount of pension they will receive at retirement based on their investment in the NPS. It is particularly useful for individuals planning their retirement and who want to calculate the funds they need to accumulate to achieve their retirement goals.

The NPS calculator is also helpful for individuals considering investing in the NPS and who want to compare the potential returns and benefits of different investment options. It allows investors to input their age, investment amount, and other relevant information to estimate the corpus they will accumulate at retirement and the amount of pension they will receive.

Existing NPS subscribers and new investors can use the NPS calculator to make informed investment decisions and plan their retirement. However, it is important to note that the estimates provided by the calculator are based on certain assumptions and may not reflect actual returns. Therefore, investors should use the NPS calculator as a tool for guidance and seek professional advice before making any investment decisions.

Investing in NPS (National Pension Scheme) provides individuals with an effective means to plan for their retirement. It helps build a corpus over the working years, ensuring a steady income stream post-retirement.

NPS offers attractive tax benefits to investors. Contributions made towards NPS are eligible for deductions under Section 80C of the Income Tax Act, providing tax savings up to a specified limit. An additional deduction is available under Section 80CCD(1B) for contributions up to a specified amount.

NPS offers flexibility in terms of investment options and choice of fund managers. Subscribers can select from multiple investment schemes, including equity, corporate bonds, and government securities, based on their risk appetite and investment preferences. They also have the freedom to switch between investment options per their evolving financial goals.

NPS is managed by professional fund managers appointed by the Pension Fund Regulatory and Development Authority (PFRDA). These fund managers have expertise in managing investments, ensuring that experienced professionals handle retirement savings.

NPS has a relatively low-cost structure, with minimal charges levied on investments. This ensures that a significant portion of the contributions is invested, maximising the growth potential of the retirement corpus.

One of the key advantages of NPS is that it provides a regular income stream during retirement. A portion of the accumulated corpus is utilized to purchase an annuity, which guarantees a regular pension payout to the investor.

NPS is a portable retirement savings scheme that allows individuals to continue their contributions and access their accumulated corpus even if they switch jobs or locations. This ensures continuity and convenience in managing retirement savings.