What is NPS? How to calculate NPS?

submitted 4 months ago by anushagupta21 to business

The NPS is an government-sponsored voluntary retirement savings scheme in India. NPS scheme aims to provide financial security during retirement. NPS allows individuals to contribute regularly and accumulate savings over the long term, ensuring a comfortable retirement. It offers a range of investment options, including equity and debt, tailored to individual risk preferences. You can calculate your NPS estimated amount using NPS Calculator.It is essential tool for new investors who want to plan for their retirement.