NPS Calculator
See what the National Pension System could build for your retirement. Enter your monthly contribution, age and expected return, and this projects your corpus at 60, the tax-free lump sum you can withdraw, and the monthly pension the rest could buy.
How NPS works at retirement
- Lump sum: up to 60% of the corpus can be withdrawn tax-free at 60.
- Pension: at least 40% must buy an annuity, which pays a monthly pension (taxable as per your slab). A higher annuity share means a bigger pension but a smaller lump sum.
- Tax perks while investing: deductions under 80CCD(1) within 80C, an extra ₹50,000 under 80CCD(1B), and employer contributions under 80CCD(2).
- Returns are market-linked (equity/debt mix you choose), not guaranteed.
This calculator assumes the annuity yields about 6% a year for the pension estimate. Your actual pension depends on the annuity plan and rates at the time you retire.
Frequently asked questions
How is the NPS corpus calculated?
Your monthly contributions compound until 60. At 60, ≥40% buys an annuity (pension) and ≤60% is a tax-free lump sum. This tool projects the corpus from your inputs and splits it.
How much can I withdraw at 60?
Up to 60% as a tax-free lump sum; the minimum 40% funds the annuity, whose pension is taxable at your slab.
What return does NPS give?
Market-linked, historically often ~9–11% blended, not guaranteed. The annuity that pays your pension typically yields around 6%.