NPS Calculator
National Pension System — estimate your retirement corpus and monthly pension
Enter Details
₹
Historical NPS equity returns ~10–12% p.a.
Minimum 40% must be used to buy annuity
Rate offered by annuity provider (% p.a.)
Results
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Enter your details and click Calculate.
Formula
Corpus = sum of compounded monthly contributions Monthly pension = (40% of corpus × annuity rate) ÷ 12
- Monthly contribution (₹) — Your monthly NPS deposit
- Expected return (% p.a.) — Typical 8–10% for balanced allocation
- Annuity rate (% p.a.) — Typically ~6% for annuity purchase
Example: ₹5,000/month for 30 years at 9% → Corpus ≈ ₹91 L → Monthly pension ≈ ₹18,200
Interpreting Your Result
Tax benefit
Up to ₹2 L deduction
₹1.5 L under 80C + ₹50,000 extra under 80CCD(1B)
Frequently Asked Questions
When can I withdraw NPS?
At 60, you can withdraw 60% tax-free as lump sum and must use 40% to purchase an annuity.
Is NPS better than PPF?
NPS has higher return potential (equity component) and extra tax benefits, but is locked until 60. PPF is safer and more flexible.