National Pension System (NPS) is a government sponsored pension scheme. It is a contribution based scheme where the amount of pension to be received by you in the future depends on the amount of corpus accumulated at the time of scheme's maturity.

The NPS Calculator will show you the amount of corpus that will be accumulated by you at the time of maturity and approximate amount of monthly pension to be received by you.

NPS Calculator App Specifications :

- Simple interface
- Save the result

Who can use NPS calculator?

NPS calculator can be used by anyone who is eligible to invest in the scheme. As per the NPS rules, any Indian citizen between the ages of 18 years and 60 years can invest in the scheme.

How to use this calculator?

To know how much corpus will be accumulated by you, the calculator will require the following details:

- Your current age and the age you wish to retire
- Amount that will be invested by you every month
- Returns that you expect to earn from your NPS investment
- Annuity period, i.e., number of years over which you wish to receive the monthly pension in the post retirement years. You are required to mention this number in years.
- The percentage of pension wealth invested in the annuity plan means the percent of accumulated corpus you will use to buy a pension plan. This cannot be below 40 percent if you withdraw at 60 years or more.

How the calculator works?

With the inputs given by you, you will get the corpus that will be accumulated by you at the time of your retirement. The corpus is calculated by using the principle of power of compounding.

What is the NPS calculator result?

The NPS calculator will show you the details of your investment. It will show you the amount invested by you during the accumulation phase of the scheme, interest earned by you, and the total amount of corpus generated at the time of maturity.

Disclaimer :

- This app (NPS Calculator) is not linked to any NPS related services.
- This app works as a tool to get an indicative figures only, not on actual basis.

If you have any questions or issues, please send us an email to our developer email ID.