NPS Calculator
See your projected NPS corpus, monthly pension, and how much you can withdraw as lump sum at retirement. Slide the inputs to compare scenarios in real time.
Projection is monthly compounded and assumes a constant rate of return. NPS Tier I rules require at least 40 percent of the corpus to be used to buy an annuity at exit. Tax benefits under sections 80CCD(1) and 80CCD(1B) can further improve effective returns.
How to use it
- 1Set your current age and the age you plan to retire at. Most NPS subscribers retire at 60.
- 2Pick a monthly contribution and an expected return rate. Equity-heavy NPS portfolios have historically returned 9 to 11 percent over the long run.
- 3Adjust the annuity portion and the annuity rate to see how much you will receive as a monthly pension after retirement.
About this tool
The National Pension System is one of the most tax-efficient long-term retirement vehicles available to salaried and self-employed Indians. It combines low fund management costs with equity exposure and a forced annuity at exit, giving most subscribers a meaningful pension on top of EPF or other savings.
This calculator helps you visualise the difference small changes make. Increasing your monthly contribution by even a thousand rupees, or starting a few years earlier, can add tens of lakhs to the corpus and noticeably bump up your monthly pension.
Frequently asked
What is NPS?
The National Pension System is a voluntary, government-regulated retirement savings scheme. Anyone between 18 and 70 can open a Tier I account through banks, India Post, or NPS Trust. Your money is invested in a mix of equity, corporate bonds, and government securities, and the returns compound over your working years.
Why must 40 percent become an annuity?
PFRDA rules require at least 40 percent of the Tier I corpus to be used to buy an annuity at exit. The annuity provides a regular monthly pension. The remaining 60 percent can be withdrawn tax-free as a lump sum at age 60.
What annuity rate should I assume?
Annuity rates depend on the provider and the type chosen. As of 2026, lifetime annuities for a 60-year-old are typically 6 to 7 percent per year. Joint-life annuities pay slightly less. Use 6 percent as a conservative default.
What returns can I expect on my NPS investment?
Long-term equity-heavy NPS portfolios have returned 9 to 11 percent annualised. The Auto Choice schemes shift you to safer assets as you age and tend to deliver 8 to 10 percent. Returns are not guaranteed.
Are there tax benefits?
Yes. Contributions up to 1.5 lakh are deductible under section 80CCD(1) (within the 80C limit), an additional 50,000 under 80CCD(1B), and the employer contribution under 80CCD(2). The lump sum withdrawn at maturity is tax-free.
Is my data saved anywhere?
No. All calculations run in your browser. Sliders only affect this view and nothing is sent to any server.