Calculators FAQs
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- Posted:30th January, 2025
- Updated:30th January, 2025
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Both government and private sector employees can use similar NPS calculators to estimate their pension corpus.
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Debt consolidation refers to the method of combining multiple outstanding loans into a single consolidated loan.
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The interest rate for the National Pension System (NPS) is not fixed; instead, it varies based on market performance and the chosen asset classes. Generally, the expected returns range from 9% to 12% per annum.
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To secure a monthly pension of ₹1 lakh post-retirement, the investment amount varies based on expected returns and the time frame until retirement.
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A regular home loan tax benefit calculator cannot be directly used to calculate the benefits of a home renovation or improvement loan.
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The National Pension System (NPS) offers a pension for life after retirement. Upon reaching retirement age (usually 60), you must use a minimum of 40% of your NPS corpus to purchase an annuity, which provides regular monthly pension payments.
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The interest on a debt consolidation loan is calculated based on the outstanding principal balance.
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