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NPS Calculator

Calculate NPS corpus, lumpsum amount, and monthly pension

NPS Investment Details

10%
40%
6%

NPS Maturity Analysis

Enter NPS details to see your retirement corpus

National Pension System (NPS) Calculator

NPS is a government-regulated pension scheme offering market-linked returns. Calculate your retirement corpus and monthly pension based on contributions and annuity choice.

Formula

At retirement: 60% withdrawable (tax-free), 40% for annuity purchase (generates monthly pension)

Current Rates (2025)

NPS Returns (Aggressive/Equity-heavy) - 5 yr

Various PFMs, NPS Trust data 2025

19-21% CAGR

NPS Returns (Conservative/Debt-heavy)

Historical data

7-9% CAGR

Example Calculation

Scenario:

Age 30, monthly contribution ₹10,000, retirement at 60, 10% expected return

Calculation:

30 years of contributions with compounding

Result:

Estimated corpus: ₹2.26 crore; 40% annuity (₹90L) → Monthly pension ≈₹54,000 (at 6% annuity rate)

Key Points

  • Market-linked returns; not guaranteed like PPF or EPF
  • Choose between Active (select asset allocation) or Auto (age-based allocation)
  • Equity exposure limited to 75% until age 50, gradually reduced thereafter
  • Partial withdrawal allowed (25% of contributions) after 3 years for specific reasons
  • Can switch between pension fund managers and investment choices

Tax Implications:

  • Contribution deduction: Up to ₹1.5L u/s 80CCD(1) (within 80C limit)
  • Additional deduction: ₹50,000 u/s 80CCD(1B) (over and above 80C)
  • Employer contribution: Up to 10% of salary u/s 80CCD(2) (no upper limit)
  • 60% lump sum withdrawal at maturity is tax-free
  • 40% annuity purchase mandatory; pension received is taxable as salary
Disclaimer: The calculations and information provided are estimates based on the inputs provided and current rates as of November 2025. Actual results may vary. Interest rates, tax laws, and regulations are subject to change. Please consult with a qualified financial advisor or tax professional for personalized advice.