Pensionbazaar - Plan Your Retirement with NPS, SCSS, PPF, Mutual Funds, Bonds, FD

Know How Much you Need to Retire Rich & Stress-free

Calculate the Income You'll Need

Current Age

Your Current Monthly Expenses

₹

Your Retirement Age

60 Years

50 55 60 65 70

You Want to Invest For

30 Years

10 15 20 25 30

Expected Rate of Return

12 %

6% 8% 10% 12% 14% 16%

Inflation Rate

5 %

2% 3% 4% 5% 6% 7% 8%

You would need monthly income of

------

when you retire at the age of 60

Cost of Delay Calculator

Start early, gain more

Monthly SIP Amount

/month

Invest For

10 Years

0 5 10 15 20 25 30 35 40

Stay Invest For

10 Years

0 5 10 15 20 25 30 35 40

Expected Rate of Return

12 %

0% 5% 10% 15% 20% 25% 30% 35%

Delay in Starting SIP

10 Months

0 5 10 15 20 25 30 35

Due to the delay of Months

Your Target Wealth will reduce by %
with loss of ₹2,97,772

Start NPS Now! →

See the Power of Compounding

I want to invest

₹ /month

Invest For

10 Years

1 8 15 23 30

Stay invested for

10 Years

1 8 15 23 30

Expected Rate of Return

12 %

6% 8% 10% 12% 14% 16%

You invest

₹12 L

over 10 years

You get

₹22.4 L

after 10 years

Start NPS Now! →

NPS – “The Smarter Way to Retire”

The National Pension System (NPS) is a market-linked, voluntary and defined contribution pension scheme in India regulated by the PFRDA which helps subscribers plan and save for their retirement. NPS is an EEE (exempt-exempt-exempt) scheme under which significant tax benefits are applicable in both investment & withdrawal phase.

High returns

9–12% CAGR

Historically delivered 9–12% CAGR, outperforming most traditional pension products

Triple tax benefit on contributions

Save up to ₹2.7 L per annum

Save taxes under Section 80CCD (1), 80CCD (1B) & 80CCD (2)

Government backed

PFRDA regulated

Regulated and secured by PFRDA, ensuring transparency and safety

Tax free withdrawal + Assured pension at retirement

60% tax-free withdrawal

Withdraw tax-free lump sum along with regular lifelong income from annuity

Market-linked growth

Equity & debt mix

Grow your wealth with professional fund management across equities, corporate bonds & government securities

Lowest-cost retirement product

Charges <0.25% in India

NPS has one of the lowest charges across pension options available in India (<0.25%)

Start Journey

How to start NPS via Pensionbazaar

Open account online

In 5 Minutes

STEP 01

Basic details & KYC

Fill in your basic personal details & complete your KYC (digital or manual upload)

STEP 02

NPS account type selection

Choose between - Tier 1 account or Tier 1 & Tier 2 both accounts

STEP 03

Share your account details

Enter (a/c number, Branch IFSC, bank name, branch name)

STEP 04

Select your nominee

Select your nominee(s) and their share(s)

STEP 05

PFM & Investment options selection

Select your Pension fund manager & preferred investment option (flexibility to change it later)

STEP 06

Start your NPS

Make the first contribution (multiple payment modes available) and start your NPS account

A Quick Look at the Popular Retirement Planning Options

Option

Annualised
Returns

Tax Exemption on Investment

Taxation on Maturity

Contribution Limit (Per Financial Year)

Flexible Investment options

NPS

National Pension Scheme

PPF

Public Provident
Fund

SCSS

Senior Citizen Savings Scheme

Pension ULIPs

POMIS

Post Office Monthly Income Scheme

Mutual Funds

Bank FD

Bank Fixed Deposit

Bonds

9–12%

Exempt
(u/s 80 CCD)

Partially taxable
(Upto 60% corpus tax free)

No Limit

Tick_Image Yes

7–8%

Exempt
(upto 1.5 L u/s 80C)

Tax free

1.5 L
(in a Financial Year)

Cross_Image No

8.2%

Exempt
(upto 1.5 L u/s 80C)

Partially taxable
(upto 50K can be exempted)

30 L
(Lifetime)

Cross_Image No

10%–15%

Exempt
(upto 1.5 L u/s 80C)

Partially taxable
(exempt if annual premium
2.5 L)

No Limit

Tick_Image Yes

7%–7.5%

Exempt
(upto 1.5 L u/s 80C)

Taxable

9 L
(Lifetime)

Cross_Image No

10%–12%

Taxable
(select MF exempt)

Taxable

No Limit

Tick_Image Yes

6%-7%

Taxable

No Limit

Cross_Image No

Upto 13.2%

Taxable

No Limit

Tick_Image Yes

Learn More About NPS Sparkle decoration right

Let's Understand the Tax Exemptions

The national pension scheme can offer lakhs in tax savings.
Let's understand tax the exemptions you can avail on NPS contributions!

Old Tax Regime

₹1.5 L – Your contribution under section 80 CCD (1)*
50 K – Additional under section 80 CCD(1b)
14%^ of basic salary - Additional under section 80 CCD(2) - Employer contribution to NPS from your CTC

* Subject to max ₹1.5L under 80C
^ 14% for government, 10% for private sector employees

New Tax Regime

14% of basic salary – Additional under section 80 CCD(2) – Employer contribution to NPS from your CTC

Self Employed

Upto 20% of gross total income, subject to maximum of ₹1.5L under section 80 C

Types of NPS Account

01 Tier I Account

The primary, tax-benefit retirement account under NPS with low minimum yearly contributions

Who can open: All eligible subscribers (Residents, NRIs, OCIs)
Minimum contribution:
- • ₹500 at account opening
- • ₹1,000 per financial year (to keep account active)
Withdrawals: Withdrawals allowed on retirement (age 60)
Tax Benefits: • Tax benefit on investments
- • ₹1.5 lakh u/s 80CCD(1) (within the overall limit)
- • Additional ₹50,000 u/s 80CCD(1B)
- • Upto 14% of basic salary (over and above) u/s 80CCD(2) - Employer Contribution to NPS from your salary
Tax Benefit on Maturity Amount:
- • Upto 60% of maturity can be withdrawn as lumpsum tax free
- • Min. 40% of maturity to be invested in annuity – amount invested in annuity tax free, but the income from annuity is taxable

Best for: Investors who want to use NPS for retirement planning

02 Tier II Account

A voluntary, flexible savings account under NPS with easy withdrawals.

Who can open: Only those who already have a Tier I account (Not available to NRIs/OCIs)
Minimum contribution: ₹1,000 at account opening, ₹250 per transaction
Withdrawals: Anytime, no restrictions
Tax Benefits: • Tax benefit on investments : Nil
• Maturity amount is taxable

Best for: Investors who want to use NPS for short/medium-term savings with low charges.

Investment Choices in NPS

01 Auto Choice (Life-Cycle Fund)

Is Hands-Free Approach, ideal for beginners who don't want to actively manage allocations. The mix of equity and debt adjusts automatically as you grow older.

Aggressive Life Cycle (LC75): Starts with 75% Equity in your 20s; reduces gradually to ~15% by retirement.
Moderate Life Cycle (LC50): Balance lifecycle fund, starts with 50% Equity; balances growth and stability.
Conservative Life Cycle (LC25): Starts with 25% Equity; focuses more on debt safety.

Best for: First-time investors who prefer a "set-and-forget" approach.

02 Active Choice - DIY Allocation

If you want to design your own portfolio, you can split contributions across these asset classes (subject to limits):

Equity (E): Invested in listed shares (max 75% till age 50; reduces after that). Higher risk, higher return potential.
Corporate Bonds (C): Debt issued by corporates. Moderate risk, stable income.
Government Securities (G): Sovereign bonds. Lowest risk, steady returns.
Alternative Assets (A): REITs, InvITs, etc. (Max 5%). For diversification.

Best for: Experienced investors who want control and have risk appetite.

Pension Fund Managers (PFMs)

Your contributions are managed by licensed Pension Fund Managers (PFMs). You can choose one from the list and even switch later.

Current PFMs include:

SBI Pension Funds

HDFC Pension Fund

ICICI Prudential Pension Fund

UTI Retirement Solutions

Kotak Mahindra Pension Fund

Axis Pension Fund

Aditya Birla Sun Life Pension Fund

Tata Pension Fund

DSP Pension Fund

LIC Pension Fund

Historical Returns

Past performance of different asset classes in NPS.

Note: Past performance does not guarantee future returns.

Scheme Returns

scheme-category

1 year

3 year

5 year

7 year

10 year

Since Inception

*Returns as on 20th August, 2025

NPS Charges

NPS is one of the lowest-cost retirement products in India, with fund management fees as low as 0.01%-0.09%.

Fund Management Fee (PFM)

0.01% – 0.09% of AUM

CRA (Recordkeeping) Charges

₹40 one-time + ₹69 annual (plus GST)

Transaction / Contribution Charge

₹3.75 per transaction (plus GST)

POP (Point of Presence) Charges

Initial registration max Upto ₹400

Exit / Withdrawal Processing Fee

0.125% of corpus (max ₹500)

Your Retirement, Made Simple

3 Steps to Secure your Future

Plan

Compare

Invest

Know How Much you Need to Retire Rich & Stress-free

Calculate the Income You'll Need

Your Retirement Age

You Want to Invest For

Expected Rate of Return

Inflation Rate

You would need monthly income of

YOU GIVE

YOU GET

Cost of Delay Calculator

Invest For

Stay Invest For

Expected Rate of Return

Delay in Starting SIP

See the Power of Compounding

Invest For

Stay invested for

Expected Rate of Return

Monthly Investment

NPS – “The Smarter Way to Retire”

High returns

Triple tax benefit on contributions

Government backed

Tax free withdrawal + Assured pension at retirement

Market-linked growth

Lowest-cost retirement product

How to start NPS via Pensionbazaar

A Quick Look at the Popular Retirement Planning Options

NPS

PPF

SCSS

Pension ULIPs

POMIS

Mutual Funds

Bank FD

Bonds

Let's Understand the Tax Exemptions

Old Tax Regime

New Tax Regime

Self Employed

Types of NPS Account

01 Tier I Account

02 Tier II Account

Investment Choices in NPS

01 Auto Choice (Life-Cycle Fund)

02 Active Choice - DIY Allocation

Pension Fund Managers (PFMs)

Historical Returns

NPS Charges

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