Smart NPS Calculator
Secure your second innings. Calculate your total NPS corpus, the tax-free lump sum you can withdraw, and the monthly pension you will receive upon retirement.
Market Linked
High potential returns
Lump Sum
60% Tax-Free Withdrawal
Monthly Income
Annuity for life
Tax Benefits
Extra ₹50k u/s 80CCD(1B)
What is an NPS Calculator?
A specialized tool to estimate the maturity value of your National Pension System account and how it splits into cash and monthly pension.
Your Retirement Projection Engine
The National Pension System (NPS) is a voluntary, long-term retirement savings scheme. It is market-linked, meaning your returns depend on the performance of Equity and Debt funds. This calculator helps you forecast your total corpus at age 60 based on your contribution and expected returns.
The 60-40 Rule
At maturity (age 60), you can withdraw up to 60% of the corpus as a tax-free lump sum. The remaining 40% must be invested in an Annuity plan.
Annuity Calculation
The calculator estimates your monthly pension based on the annuity portion and current annuity rates (typically 6-7%).
Compound Effect
Since NPS is a long-term product (often 20-30 years), even a small monthly SIP grows exponentially due to compounding.
Annuity Slider
Adjust the percentage of corpus you want to convert to pension (Min 40%, Max 100%) to see how it affects your monthly income.
Market Returns
Input your expected annual return rate (ROI). NPS historically delivers between 9% to 12% depending on equity exposure.
Detailed Table
See a year-wise breakdown of your investment, interest earned, and total balance growth until age 60.
Why Choose Our NPS Calculator?
Dual Output Calculation
We simultaneously calculate both the Lump Sum (Cash in Hand) and the Monthly Pension amount, giving you a complete picture.
Annuity Rate Flexibility
Annuity rates change over time. We let you input the expected annuity rate to stress-test your pension income.
Visual Breakdown
Our interactive charts clearly distinguish between the amount you invested and the wealth generated through interest.
NPS Calculator
Calculate your Pension and Lump Sum amount at maturity.
Annuity (Pension) Settings
Minimum 40% of corpus must be invested in Annuity.
Annual interest rate provided by annuity service provider.
How to Use the NPS Calculator
Three easy steps to visualize your retirement corpus.
Input Investment Details
Enter the amount you wish to invest monthly (e.g., ₹5,000) and your expected rate of return. NPS returns typically range from 9% to 12% depending on your asset allocation (Equity vs Debt).
Adjust Annuity Ratio
Use the slider to decide how much of your corpus you want to convert into a pension. The minimum mandatory limit is 40%. A higher annuity % means a higher monthly pension but lower lump sum cash.
Analyze Results
Click 'Calculate NPS' to see your projected Pension Wealth, the tax-free cash you can take home, and the monthly income you will generate for life.
Decoding NPS Rules
Understand the terminology before you invest.
| Term | Definition | Impact |
|---|---|---|
| Tier I Account | The mandatory retirement account. | Locked until age 60. Tax benefits apply. |
| Tier II Account | Voluntary savings account. | Liquid (can withdraw anytime). No tax benefits. |
| Active Choice | You decide the asset mix (Equity/Corporate/Govt Bonds). | Max 75% equity allowed. |
| Auto Choice | Allocation changes automatically based on age. | Risk reduces as you near retirement. |
Why Choose NPS?
NPS is one of the lowest-cost pension schemes in the world.
Exclusive Tax Benefit
Apart from the ₹1.5 Lakh limit under Section 80C, NPS offers an additional deduction of ₹50,000 under Section 80CCD(1B). This allows you to save tax on a total of ₹2 Lakhs.
Ultra Low Cost
With fund management charges as low as 0.01% to 0.09%, NPS is significantly cheaper than Mutual Funds (Expense ratio ~1-2%), meaning more of your money grows for you.
NPS vs EPF/PPF
How does the National Pension System compare to traditional schemes?
NPS
Best for wealth creation through equity exposure and extra tax saving.
EPF / PPF
Best for safety, guaranteed returns, and 100% liquidity at maturity.
Who Should Use NPS Calculator?
Discover how our NPS calculator helps different individuals plan for a secure and stress-free retirement.
Private Sector Employees
Corporate employees can use NPS to build a dedicated retirement fund. It helps in tax saving under Section 80CCD(1B) for an additional ₹50,000 deduction over the 80C limit.
Government Employees
Central and State government employees covered under NPS can project their final retirement value based on their mandatory and voluntary contributions.
Self-Employed Professionals
Freelancers, doctors, lawyers, and business owners without a formal EPF can use NPS as their primary retirement vehicle to ensure financial security.
Professional Use Cases
Financial Planners
Create comprehensive retirement roadmaps for clients.
HR Managers
Explain Corporate NPS benefits to employees.
Tax Consultants
Calculate tax-saving potential under 80CCD.
NPS Example Scenario
See how starting early can help you build a corpus of Crores.
Investing for 30 Years
Profile: 30 Years Old, Investing ₹5,000/month @ 10% Return
Result: You get ₹68 Lakhs cash + ₹22,000 Monthly Pension (approx).
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Frequently Asked Questions
Common queries about NPS.
Is the entire NPS corpus tax-free?
No. Upon maturity at age 60, you can withdraw up to 60% of the corpus as a tax-free lump sum. The remaining 40% (minimum) must be used to buy an annuity. The monthly pension received from the annuity is taxable as per your income slab.
Can I withdraw before 60?
Yes, but with conditions. If you exit before 60, you must use 80% of the corpus to buy an annuity, and only 20% can be withdrawn as a lump sum. Partial withdrawals (up to 25% of your own contribution) are allowed for specific reasons after 3 years.
Can I change my investment choice?
Yes, NPS allows you to switch between fund managers and change your asset allocation (Active/Auto choice) twice in a financial year.
Have Specific Questions?
NPS rules regarding annuity and taxation can be tricky. Contact us for guidance.
Contact Us