NPS Vatsalya Calculator
What will your child's NPS Vatsalya account hold at 18?
Matches the official NPS Trust Vatsalya calculator input-for-input (child's age, monthly contribution, expected return, corpus at 18 with the investment/gain split, and the desired-corpus check), then adds what it leaves out: the corpus in today's money, and the third card's quiet argument — at 18 the account simply converts to a regular NPS Tier I in the child's name, so money that just sits there keeps compounding for another 42 years. A small Vatsalya account started early routinely beats a much larger SIP started at 25.
Rules and tax: any parent/guardian can open it for a minor (account operates in the child's name); minimum ₹1,000 a year, no upper cap. Partial withdrawal of up to 25% of contributions is allowed after 3 years (education, illness, disability, up to 3 times). At 18 it becomes a normal NPS account — the corpus is NOT paid out (if the child exits instead, corpus above ₹2.5L must buy an annuity to 80%). Contributions qualify for the extra ₹50,000 deduction under 80CCD(1B) (old regime), extended to Vatsalya by Budget 2025. Growth inside the account is untaxed; the usual NPS exit taxation applies decades later at the child's own exit.