Deduction u/s 80cce

As per section 80cce maximum 1.50 cr can be claimed as aggregate deduction under section 80c, 80ccc, 80ccd.
however employer contribution to NPS is not considered here.
As you stated you have deduction of 120000 in 80c and 63000 in sec 80ccd.
if the above 63000 is contribution made by employee it will fall in ceiling limit of 1.5 cr in sec 80cce. total deduction will be 1.5 cr as per sec 80cce.
And if it is contribution made by employer whole 63000 will be available as deduction and total deduction will be 120000+63000

1. Total deductions available u/s 80C is Rs. 1,50,000. However, contribution to NPS scheme is covered u/s 80CCD(1B). This contribution is over and above Rs.1,50,000 above. Maximum deductions available under this section would be Rs. 50,000. 
2. Hence in your case Rs. 50,000 u/s 80CCD(1B) and balance of Rs. 13,000 will be added to sec 80C and the total deductions u/s 80C is Rs. 133,000. 
Please correct me if the above solution has an alternative view. 

Mr. suresh in my opinion you are right on the first point but there is a confusion in second point.
NPS is not covered by the section 80c pension fund setup by mutual fund are covered in section 80c
Deduction in respect of NPS is covered by section 80ccd , 50000 will be allowed u/s 80ccd(1b) and further 13000 will be allowed in 80ccd(1)

Yes. To be more appropriate sec 80CCD(1) and it forms part of the overall limit of Rs. 150,000. Am I right?

concur with Mr Suresh and tushar

Yes Mr Suresh its correct