NPS Calculator

Plan your retirement with the National Pension System. Enter your monthly contribution, age and expected return to estimate your corpus at 60 and your monthly pension.

Plan your NPS pension

Monthly contribution

₹

₹500₹1L

Current age

{{ age }}Yrs

1859

Expected return (% p.a.)

5%15%

Annuity portion (for pension){{ annuity }}%

40% (min)100%

At 60, this share buys an annuity for your monthly pension (assumed 6% p.a.); the rest is a tax-free lump sum.

CORPUS AT AGE 60

Monthly pension{{ pensionStr }}

Total invested{{ investedStr }}

Est. returns{{ gainsStr }}

Lump sum at 60{{ lumpStr }}

Total corpus{{ corpusStr }}

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UNDERSTAND NPS

What is the National Pension System?

The National Pension System (NPS) is a voluntary, long-term retirement savings scheme. You contribute regularly until age 60, your money is invested in a mix of equity and debt, and it grows through compounding. At 60 you can withdraw part of the corpus as a tax-free lump sum and must use the rest to buy an annuity that pays you a monthly pension.

How the estimate works

1. Monthly contributions grow at your expected return until age 60 (compounded monthly)
2. At 60, the annuity portion buys a pension (assumed 6% p.a.); the rest is a lump sum

What affects your NPS corpus?

Starting early

More years until 60 means far more compounding — the biggest lever of all.

Contribution

A higher monthly amount directly increases your retirement corpus.

Asset mix & return

A higher equity allocation can raise long-term returns, with more short-term risk.

Frequently asked questions

At maturity you can withdraw up to 60% of the corpus as a tax-free lump sum. The remaining minimum 40% must be used to purchase an annuity that provides your monthly pension.

No. NPS returns are market-linked, so the corpus is an estimate. The pension also depends on annuity rates at the time of purchase, which vary. These figures are indicative.

NPS contributions qualify for deductions under Section 80C, with an additional deduction available under Section 80CCD(1B). Consult a tax adviser for limits applicable to your situation.

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