National Pension System: Invest Rs 12,500 and get almost Rs 3 crore on maturity

The National Pension System is a defined-contribution pension system in India regulated by Pension Fund Regulatory and Development Authority. 

NPS encourages people to make periodic contributions to a pension account while they are still employed.

The NPS is an excellent plan for you if you wish to get more money in the form of a monthly pension worth thousands of rupees after retirement. After 60 years of investment, this plan will reward you with a pension. 

Tax and investment experts claim that if an NPS account holder makes monthly contributions of Rs 12,500 starting at age 25, he can also receive an annual tax refund of Rs 1.5 lakh.

According to the NPS calculator, if someone begins investing at age 25 and continues investing until age 35, they will receive a maturity sum of Rs 2.87 crore and an annuity payment of roughly Rs 95,707 each month.