calculate Retirement Wealth and Monthly Pension with NPS Return including on your contribution in TIER II A/c
2. NPS Calculator @10%
Calculate Retirement Wealth and Monthly Pension with NPS Return including on your contribution in TIER II A/c
Clikc to view the changes applicable for Central Government Employees Covered under NPS effective from fiscal year (2019-20).
NPS Calculator for Banks / Central / State Govt., RBI / PSU Employees
Please note - NPS contribution is raised from existing 10% to 14% for Govt. Employees / RBI employees And PSU Banks employees (as per 11 BPS / Officer salary revision join note dated 11.11.20). The Employee contribution towards NPS will remain unchanged at 10 percent
It auto compute employer's contribution 10% / 14% to calculate Retirement Wealth and Monthly Pension with NPS Return including on your contribution in TIER II A/c also
This calculator is quite useful to the employees of PSU Banks, Govt. (Central / State) and Corporate Sectors who are are covered under NPS. Bankers i.e.the employees of Banks and other PSU covered under NPS scheme are governed under the Corporate Sector NPS Scheme.
The detailed estimated yearwise calculations of return and NPS wealth provided here on your your contribution in TIER 1 and TIER 2 account may help in your future and retirement planning by increase of contributions in Tier II account or start of fresh contributions in Tier II account.
How to use Calculator - Enter your NPS contribution from Salary (Salary Linked NPS A/c is TIER I where your employer is contributing matching contribution to this NPS a/c) ↦ Enter estimated rate of growth of yearly increase in your (baisc pay + DA) for the future period contributions. ↦ Enter expected rate of return on NPS, percentage of Annuity to be purchased and expected return on Annuity.