NPS Calculator
Estimate your NPS corpus at retirement, the lump sum you can withdraw and the monthly pension from the annuity.
How NPS works
The National Pension System is a voluntary, market-linked retirement scheme. Your contributions are invested in equity, corporate bonds and government securities. At retirement you must use at least 40% of the corpus to buy an annuity that pays a monthly pension; the rest can be withdrawn as a lump sum under the rules in force at that time.
Example
₹10,000 a month for 30 years at 10% builds a corpus of about ₹2.28 crore. With 40% going to an annuity at 6%, the monthly pension is roughly ₹45,600 and the lump sum about ₹1.37 crore.
Tax benefits
Under the old regime, NPS contributions can be claimed under Section 80CCD(1) within the 80C limit, plus an extra ₹50,000 under 80CCD(1B). Employer contributions are deductible under Section 80CCD(2) within prescribed limits. Rules change, so verify current limits and withdrawal taxation with PFRDA or the Income Tax Department.
Assumptions
- Constant return. Real NPS returns vary with your asset mix.
- Annuity rates depend on the provider and your age; the monthly pension is not inflation-adjusted.
Frequently asked questions
Is the NPS return guaranteed?
No. NPS returns depend on market performance and your chosen asset allocation.
Can I withdraw NPS before retirement?
Partial withdrawals are allowed for specific purposes after a lock-in, subject to limits set by PFRDA.
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Last reviewed: October 2026. Results are estimates, not financial advice.