HDFC National Pension System calculator: How much you can get with Rs 2000, Rs 5000, Rs 10,000, Rs 12,500 per month investment

HDFC National Pension System calculator: Leading private lender HDFC provides an online National Pension System calculator. You can use this NPS calculator to get an idea of how much pension you can get after retirement, depending upon the age at which you start investing and the total amount you put for the retirement fund. Here's what the calculator shows about the amount of monthly pension a person can get if he/she starts investing at the age of 25:

Rs 2000/month investment

One can get a monthly pension of Rs 24,314 and Rs 9,11,785 as a lump sum upon retirement at an expected 8% rate of return on investment. 

Rs 5000/month investment

One can get a monthly pension of Rs 60,785 and Rs 22,79,463 as a lump sum upon retirement at an expected 8% rate of return on investment. 

Rs 10,000/month investment

One can get a monthly pension of Rs 1,21,571 and Rs 45,58,925 as a lump sum upon retirement at an expected 8% rate of return on investment. 

Rs 12,500/month investment 

One can get a monthly pension of Rs 1,51,964 and Rs 56,98,657 as a lump sum upon retirement at an expected 8% rate of return on investment. 

Check HDFC NPS calculator here

The maximum investment one can make in NPS is Rs 1.5 lakh per annum. 

NPS offers an additional deduction of Rs.50,000 under section 80CCD (1B) of Income Tax Act. 

NPS is regulated by PFRDA (Pension fund regulator under Govt. of India). The NPS account can be accessed online to make contributions and track investments.

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How to open NPS account 

HDFC Bank's website says, "Subscriber can enrol for NPS through the online application mode from the convenience of his home/office. The prime objective of the scheme is to provide all citizens of India with an attractive long term savings avenue to plan for retirement through safe and reasonable market-based returns. The account can be opened by all Indian Citizens between 18 to 60 Years."