If a person deposits Rs 15,000 in NPS every month, then after 30 years he will get a comfortable pension of Rs 2.23 lakh every month. When the age of the investor will be 60 years, then he will get a pension of Rs 2.23 lakh every month. Along with this, the benefit of tax exemption will be available separately.
NPS scheme can raise huge amount for retirement
Pension is necessary after the job is over. And pension Will get only when there will be a chance to join any pension scheme. one such scheme National Pension System either NPS, This is a new type of pension scheme which replaced the Old Pension Scheme or OPS. NPS is an investment scheme providing social security. In this scheme, the investor gets an opportunity to deposit money in two different funds debt and equity. The investing person invests 75% of his amount in equity and 25% in debt. Later pension is given on this basis. If you also want a good amount of pension after retirement, then let us know when and how much to invest in NPS.
Experts say that if money is invested in debt and equity funds in the ratio of 50-50 in NPS, then a huge amount can be received later. For example, if a person deposits Rs 15,000 every month in NPS, then after 30 years he will get a comfortable pension of Rs 2.23 lakh every month. When the age of the investor becomes 60 years, he will get a pension of Rs 2.23 lakh every month. Along with this, the benefit of tax exemption will be available separately.
benefit of tax exemption
As far as tax savings are concerned, the investor can get the benefit of saving tax up to Rs 1.5 lakh in a year under Section 80C of Income Tax. Tax deduction up to Rs 1.5 lakh can be claimed on whatever money is being invested in NPS. Apart from this, a tax deduction of Rs 50,000 can be claimed under section 80CCD(1B) on the money invested in NPS.
How to get 2 lakh pension
Pankaj Mathpal, MD & CEO, Optima Money Managers, tells Mint how to deposit Rs 15,000 per month and get a pension of over Rs 2 lakh. Deposit is mandatory. Pankaj Mathpal says that his advice is that the NPS account holder should invest the lumpsum amount of money received at maturity in Systematic Withdrawal Plan ie SWP. With this, there will be a scope of getting 8% return in the long term. This will help the NPS investor to grow his money easily.
Money will have to be invested in SWP
Suppose a person deposits Rs 15,000 in NPS every month. Money is being deposited in the ratio of 40 and 60 in debt and equity. After depositing money for 30 years, the investor will start getting a pension of Rs 68,380 every month. Along with this, a lumpsum amount of Rs 2.05 crore will also be available on maturity. If this investor deposits Rs 2.05 crore in the Systematic Withdrawal Plan for the next 25 years, he will easily get Rs 1.55 lakh every month. In this way, adding the pension of Rs 68,000 already being received to the Systematic Withdrawal Plan pension of Rs 1.55 lakh, then the investor will get Rs 2.23 lakh every month.
English News Headline: nps scheme may give 2-23 lakh pension per month with investment of rs 15000 pm