National Pension Scheme: If you are worried about your old age, then this news is for you only. Now you don’t need to worry. If you want to invest for retirement then National Pension Scheme is a great option for you.
If you start investing in the National Pension Scheme as soon as you start a job, then at the time of retirement you will have a huge fund of up to Rs 34 lakh. For this you do not need much investment, just invest 50 rupees every day. Let us know about this scheme in detail.
The returns on investing in this scheme are predictable. The interest rate on the return ranges from 9 to 12 percent. There are 4 sectors under the National Pension System, through which you can open your account.
Central Government – This is for the employees of the Central Government. State Government – This is for the employees of the state government. Corporate Sector – This is for the employees associated with the private sector. All Citizen Model – In this you can open your own NPS account.
Rs.34 lakh will be available on daily investment of Rs.50
1. Age to start investment – 25 years 2. Monthly investment in NPS – Rs 1,500 3. Investment time – 35 years 4. Total money invested in 35 years – 6.30 lakh 5. Total interest earned on investment amount – 27.9 lakh 6 Total deposit at the time of pension – 34.19 lakh 7. Total tax savings under this – 1.89 lakh
How much amount will be received at the time of retirement?
After investing in this scheme, when you come to the age of retirement, then you can withdraw 60 percent of your investment. That is, you can withdraw an amount of Rs 20.51 lakh at the time of retirement. In this way, this scheme can give you a good return.
How much interest will you get?
After this, the remaining amount can be used for a fixed pension every month under the annuity scheme. If 8 percent interest is given by the government, then you can get a pension of 9,000 per month. Simultaneous withdrawal cannot be made from the National Pension Scheme. Under this scheme, you can withdraw only 60 percent of the amount and you have to invest the remaining 40 percent in an annuity scheme.
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