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
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
How to Use
- 1Enter your values in the input fields
- 2Review the calculated results
- 3Use the results for your planning
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 triple tax benefits: 80C deduction (up to ₹1.5 lakh), 80CCD(1B) additional deduction (₹50,000), and 80CCD(2) for employer contribution (no limit). At maturity, 60% withdrawal 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.