NPS Calculator

Calculate National Pension Scheme retirement lump sum and monthly pension annuity.

₹
%
Tax-Free Lump Sum (60%)₹1,36,75,952
Monthly Pension (from 40% Annuity)₹45,587
Total Invested Capital₹36,00,000
Total NPS Corpus₹2,27,93,253
6.3xMultiplier
Invested
Growth

NPS Calculator – National Pension System Retirement Corpus Calculator

The National Pension System (NPS) is a voluntary, long-term retirement savings scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA).

Our NPS Calculator projects your accumulated pension corpus at age 60, calculating your 60% tax-free lump-sum withdrawal and the remaining 40% mandatory annuity pension payout.

What is the National Pension System?

NPS offers market-linked retirement compounding with investments divided across Equities (E), Corporate Debt (C), and Government Securities (G).

It provides unique tax benefits under Section 80CCD(1B), granting an exclusive additional deduction of ₹50,000 beyond the standard Section 80C limit.

Why Invest in NPS for Retirement?

One of the world's lowest fund management charges (approx 0.09% p.a.), maximizing net compounding.
Additional tax deduction of ₹50,000 under Section 80CCD(1B) saves up to ₹15,600 in taxes annually for individuals in the 30% tax slab.
Guarantees a disciplined, lifelong monthly pension upon retirement via mandatory 40% annuity reinvestment.

How Does NPS Maturity Work?

At age 60, your accumulated NPS corpus is split according to PFRDA guidelines:

Calculation Formula
Total Corpus = Monthly SIP Compounded to Age 60
Parameters Definition
Lump Sum Withdrawal (Max 60%):Completely tax-free payout received in your bank account.
Annuity Reinvestment (Min 40%):Invested with an IRDAI-registered annuity provider to generate monthly pension.

How to Use the NPS Calculator

1

Enter your planned monthly contribution (e.g. ₹5,000 or ₹10,000).

2

Input your current age and planned retirement age (standard is 60).

3

Specify your expected annual growth rate (historically 10%–12% for aggressive equity choices).

4

Review your total accumulated wealth, lump sum cash outgo, and expected monthly pension.

Frequently Asked Questions

Is the 60% lump-sum withdrawal from NPS taxable?
No. The 60% lump-sum withdrawal upon maturity at age 60 is 100% tax-exempt under Section 10(12A).

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