NPS Pension Scheme: Special account opened in the name of the wife, Rs 44,793 will be available every month, Know more...
National Pension System Benefit: You can earn tremendous profits by investing in the National Pension Scheme. By investing in this, if you want, you can make your wife self-reliant, so that your family will continue to get regular income after you. This will not cause any problem in the future of your wife and child. In this plan, you can arrange regular income for your family members.
New Pension System Account
You open a New Pension System Account in the name of your wife. With which the NPS account will give a lump sum amount to your wife on attaining the age of 60 years. Every month they will also have regular income in the form of pension. With this, your wife will not have to depend on anyone for money after the age of 60.
Investment from Rs.1,000
You can deposit money in New Pension System Account every month or annually as per your convenience. You can open an NPS account in the name of your wife with just Rs 1,000. The NPS account matures at the age of 60 years. Also, NPS account can be operated till the wife's age is 65 years.
Understand how to get benefit like this
If your wife is 30 years old and you invest Rs 5000 every month in her NPS account. If he gets 10 percent annual return on investment, then at the age of 60, his account will have a total of Rs 1.12 crore. They will get about 45 lakh rupees out of this. Apart from this, he will continue to get pension around Rs 45,000 every month. Also, he will get this pension for life.
Will get lump sum amount
-Age - 30 years
-Investment period- 30 years
-Monthly Contribution – Rs 5,000
-Return on investment - 10%
-Total Pension Fund – Rs 1,11,98,471 (Amount can be withdrawn on maturity)
-Amount to buy annuity plan - Rs 44,79,388
-Estimated annuity rate 8% - Rs 67,19,083
-Monthly pension- Rs 44,793.