NPS Calculator as per present norms of 10% employer contribution for Banks, Other PSU and Govt. Employees
2. NPS Calculator @14%
NPS Calculator as proposed Govt. Contribution in NPS be raised from existing 10% to 14%
Clikc to view the changes will applicable for Central Government Employees Covered under NPS effective from next fiscal year (2019-20), the exact date of effectiveness will be notified later.
NPS Calculator for Central / State Govt. & Banks / PSU Employees
It auto compute employer's matching contribution 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 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.