NPS Calculator India
Calculate National Pension System corpus and monthly pension
NPS Calculator India
Calculate National Pension System corpus, monthly pension, and tax benefits. Plan your retirement with government-backed NPS scheme.
NPS Investment Details
Used for the 80CCD percentage-of-salary caps
Minimum ₹500 per month
For government/corporate employees
Historical NPS returns: 8-12%
Current annuity rates: 5-7%
Current value in NPS account
NPS Maturity Results
Total Corpus at 60
After 30 years
Lump Sum (60%)
Tax-free withdrawal allowed
Annuity Amount (40%)
Mandatory for pension
Monthly Pension
@ 6% annuity rate
Tax Benefits (Annual)
Investment Summary
Total Invested
Self + employer contributions
Wealth Gain
Investment growth
Effective Return
CAGR over investment period
Related Calculators
Frequently Asked Questions
What is the 60-40 rule in NPS?
At maturity (age 60), you can withdraw 60% of your NPS corpus as a lump sum (tax-free), while the remaining 40% must be used to purchase an annuity plan to get monthly pension. This ensures regular income during retirement.
What are the tax benefits of NPS investment?
NPS offers three deductions, each with its own cap. 80CCD(1): your own Tier I contribution, limited to 10% of salary (basic + DA) and counted inside the overall ₹1.5 lakh ceiling shared with 80C. 80CCD(1B): an additional ₹50,000, but only for contributions beyond what you already claimed under 80CCD(1)/80C — the same rupee cannot be claimed twice. 80CCD(2): your employer's contribution, deductible over and above the ₹1.5 lakh ceiling but capped at 10% of salary (14% for central and state government employees, and 14% for everyone under the new tax regime) — it is not unlimited. At maturity, the 60% lump sum is tax-free.
Can I withdraw from NPS before 60 years?
Partial withdrawals are allowed for specific purposes (children education, marriage, medical emergency) after 3 years. You can withdraw up to 25% of contributions. Premature exit (before 60) allows only 20% lump sum, 80% must go to annuity.
What is the difference between NPS Tier I and Tier II?
Tier I is the primary retirement account with tax benefits and withdrawal restrictions until 60. Tier II is a voluntary savings account with liquidity but limited tax benefits. Tier I contributions are eligible for 80C and 80CCD(1B) deductions.
How are NPS returns calculated and what are historical returns?
NPS returns are market-linked based on your fund choice (Equity, Corporate Bond, Government Securities). Historical returns have been 8-12% annually. The calculator uses compound interest based on your expected return percentage.