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Deposit 500 rupees per month in NPS Vatsalya for a 6-year-old child, you will get so many crores after 54 years

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NPS

NPS Vatsalya Yojana: By opening an account for a 6-year-old child in NPS Vatsalya Yojana, you invest 500 rupees per month in this account for 54 years. So at the age of 60, you will have so many crores.

Everyone worries about their pension while working. That is why many people start investing in different schemes in advance.

The Government of India has also given people the option to invest in many schemes for pension. One of these schemes is NPS. Which was started in the year 2004.

The government has also started NPS scheme for children this year. It has been named NPS Vatsalya Yojana. In this, investment is made by opening an account in the name of children. Which later turns into full NPS.

If you open an account for a 6-year-old child in this scheme. And invest 500 rupees per month in this account for 54 years.

So after 54 years, more than one crore rupees can be collected in this account. If you open an account at the age of 6, then after investing for 54 years, you will get this money at the age of 60.

The scheme gives a return of 8 to 10%. If you get a return of 10% annually. Then after the age of 60, a fund of Rs 1.3 crore will be collected in the account.