NPS Calculator Pension & Corpus Estimator

Plan Your Secure Retirement with National Pension System

Calculate your retirement corpus, monthly pension, and lumpsum withdrawal from NPS. Get detailed projections based on your contributions and expected returns.

NPS Calculator

National Pension System - Plan Your Retirement

NPS allows withdrawal from age 60

Minimum ₹500 per month recommended

Typical range: 8-12% based on asset allocation

Expected yearly increase in contribution

Expected annuity return rate (typical: 5-7%)

💡 Tip: NPS offers tax benefits under Section 80CCD with additional ₹50,000 deduction. Returns typically range from 8-12% based on asset allocation.

Understanding NPS (National Pension System)

What is NPS?

  • Government-sponsored pension scheme for all Indian citizens
  • Voluntary defined contribution pension system
  • Regulated by PFRDA (Pension Fund Regulatory & Development Authority)
  • Available to anyone aged 18-70 years

Key Features

  • Minimum: ₹500 per month (₹6,000 per year)
  • Maximum: No upper limit on contributions
  • Returns: Market-linked (8-12% typically)
  • Choose between Active or Auto asset allocation

Tax Benefits

80CCD(1)
Up to ₹1.5L

Within overall 80C limit of ₹1.5 lakh

80CCD(1B)
Additional ₹50K

Extra deduction over and above 80C

80CCD(2)
10% of Salary

Employer contribution (for salaried)

Withdrawal Rules

  • At 60 years: 60% must be used to buy annuity
  • 40% can be withdrawn as lumpsum (tax-free)
  • Partial Withdrawal: Up to 25% after 3 years
  • Maximum 3 partial withdrawals allowed

Asset Classes

  • Equity (E): Up to 75% in stocks (higher risk, higher returns)
  • Corporate Bonds (C): Debt instruments
  • Government Securities (G): Safest, lower returns
  • Alternative Assets (A): REITs, InvITs (up to 5%)

Why Choose NPS?

Additional Tax Benefit

Extra ₹50,000 over 80C limit

Market-Linked Returns

Potential for 10-12% annual returns

Low Cost

One of the lowest-cost pension products

Flexibility

Choose your asset allocation

Portable

Continue even after job changes

Guaranteed Pension

Annuity provides lifelong income

Disclaimer

This calculator provides estimates based on the inputs provided and assumed rates of return. Actual NPS returns are market-linked and may vary based on your asset allocation and market conditions. The annuity rate and monthly pension amounts are indicative and depend on prevailing annuity rates at retirement. For official NPS account details, please visit the CRA system at www.npscra.nsdl.co.in. This calculator is for informational purposes only and should not be considered as financial advice. Please consult with a financial advisor for personalized retirement planning.