The HDFC NPS Calculator is a user-friendly tool designed to help you estimate returns on investments made through the National Pension System (NPS) efficiently. The NPS Calculator HDFC allows you to make informed decisions by gaining insights into the estimated corpus and pension benefits.
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Your Age
Monthly Investment
Expected Return on Investment
Percentage of Corpus Allocated for Pension
Expected Return from Pension
The National Pension System (NPS) is a voluntary retirement savings scheme in India. It was introduced in 2004 with the aim of providing a stable retirement income for all citizens. It offers a variety of investment options, allowing participants to choose based on their risk appetite and investment goals. NPS is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and is open to both Indian citizens and international citizens residing in India. The scheme provides tax benefits under the Income Tax Act and offers a mix of guaranteed and market-linked returns. NPS is considered a long-term investment option and is suitable for individuals who are looking to build a retirement corpus.
The HDFC NPS Calculator is a financial tool that allows you to estimate your potential pension and corpus amount at retirement under the National Pension System (NPS). This can help you make deposits while keeping in mind your retirement goals and financial needs.
Some of the important details required while using the HDFC Pension NPS calculator are as follows:
Your Current Age
Investment Amount
Expected Return on Investment
Frequency of Investment (monthly, half-yearly, or yearly)
Percentage of Corpus Allocated for Pension
Expected Return from Pension
This compound interest formula helps to compute the final value of your maturity amount in the HDFC NPS account.
Let us understand the use of the HDFC NPS Calculator from the example mentioned below.
If you invest in an HDFC NPS account with the following details-
Your Age of Investment = 30 years
Monthly investment = ₹10,000
Expected Rate of Return = 10% p.a.
Your account will mature at the age of 60 years. Using the HDFC NPS Calculator
Total corpus at retirement: ₹1.37 Cr
Pension Wealth: ₹91.2 L
NPS Calculator HDFC helps you estimate your pension amount upon retirement. Follow the steps mentioned here to use the HDFC NPS Calculator:
Step 1- Go to the NPS calculator of HDFC on this page.
Step 2- Enter the following details in the calculator:
Investment type (monthly or yearly)
Investment amount
Entry age
Expected rate of return
Step 3- The HDFC NPS calculator displays your estimated monthly pension and maturity amount.
Below are the benefits of the NPS Calculator HDFC
Provides estimates of retirement corpus and monthly pension.
Helps choose appropriate investment options within NPS.
Assists in setting realistic retirement goals.
Evaluates risk tolerance based on chosen investment options.
Simple and intuitive calculator for quick calculations.
Available without any cost.
Below are the eligibility criteria for NPS calculator HDFC:
Salaried professionals
Self-employed individuals
Young investors
Financial advisors
Anyone aged 18 to 65
The HDFC NPS calculator is a valuable tool for planning your retirement investment strategy. With its user-friendly interface and accurate calculations, it empowers you to make informed decisions regarding your National Pension System contributions. Using this tool can contribute to a more secure and well-planned financial future for you.
Investment age
Investment amount and duration
Investment choices across various asset allocation options (E, C, G)
Annuity purchase
Market performance
For a more accurate estimate of your NPS pension, you can use the online NPS calculator HDFC.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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