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NPS Calculator

Project your National Pension System corpus, lumpsum and monthly pension at retirement.

5005,00,000
yrs
18 yrs59 yrs
yrs
40 yrs75 yrs

NPS allows up to 75

%
5%15%

Blended equity + debt, ~9–10%

%
4%10%

Pension rate at retirement

Corpus at 60

₹2.28 Cr

on ₹36.00 L invested over 30 years

Tax-free lumpsum (60%)

₹1.37 Cr

₹1,36,75,952

Annuity corpus (40%)

₹91.17 L

₹91,17,301

Est. monthly pension

₹45,587

from the annuity

How this is calculated

How it works: Monthly contributions compound until retirement to form the corpus. At least 40% buys an annuity that pays a monthly pension; up to 60% is a tax-free lumpsum. Pension = annuity corpus × annuity rate ÷ 12.

NPS adds an extra ₹50,000 deduction under 80CCD(1B) over and above 80C. Returns are market-linked and indicative; the annuity rate is set by the insurer at retirement.

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Frequently asked questions

How is the NPS pension calculated?

Your monthly contributions compound until age 60 to form the corpus. At 60, at least 40% must be used to buy an annuity that pays a monthly pension; up to 60% can be withdrawn as a tax-free lumpsum. The pension depends on the annuity rate at that time.

What are the NPS tax benefits?

NPS offers a deduction up to ₹1.5 lakh under 80CCD(1) within the overall 80C limit, plus an extra ₹50,000 under 80CCD(1B) — a benefit unique to NPS. The 60% lumpsum at maturity is tax-free.

What return should I assume for NPS?

NPS is market-linked across equity, corporate and government bonds. A blended long-term return of ~9–10% is a common assumption, though it depends on your chosen allocation and is not guaranteed.

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