๐ถ NPS Vatsalya Calculator
Enter the child's age, the monthly deposit and the expected return. You will see the approximate amount at 18, and at 60 if no more is deposited.
NPS is market-linked and returns are not guaranteed. 10% is only an example, try changing it.
โ ๏ธ This is only an estimate. Actual returns will go up and down with the market, the fund and charges, and can be lower. Check npstrust.org.in for withdrawal and annuity rules after 18.
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Key points of the scheme (as per reports)
- An account can be opened for a child below 18, run by a parent or guardian.
- A minimum of โน1,000 per year must be deposited. No upper limit is stated.
- At 18 the account can convert into a regular NPS account.
- Withdrawal and annuity rules can change. Confirm on the official site before opening.