NPS Calculator

Calculate National Pension System corpus and monthly pension

Current Age

Retirement Age

Monthly Contribution

₹

₹1,000₹50,000

Minimum: ₹1,000/month or ₹12,000/year

Employer Contribution (if applicable)

₹

For corporate NPS, employer typically contributes 10% of basic salary

Current NPS Balance (if any)

₹

Expected Return (% p.a.)

Aggressive: 10-12%, Moderate: 8-10%, Conservative: 6-8%

Annuity Rate (% p.a.)

Current market rate: 5.5-6.5%

NPS Maturity Analysis

Total NPS Corpus₹1,13,96,627

Lump Sum (60%)₹68,37,976

Annuity Amount (40%)₹45,58,651

Monthly Pension₹22,793

Years to Retirement

30 Years

Total Investment

₹18,00,000

Total Returns

₹95,96,627

Return Multiple

6.3x

Tax Benefits

Annual Tax Saving₹33,000

Total Tax Saved₹9,90,000

• Section 80C: Up to ₹1.5L deduction (shared with other 80C investments)

• Section 80CCD(1B): Additional ₹50,000 deduction exclusively for NPS

• Employer contribution: Exempt up to 10% of basic salary under 80CCD(2)

• Maturity: 60% withdrawal is tax-free, annuity is taxable

Premature Exit (Before 60)

• Only 20% can be withdrawn as lump sum (taxable)

• Remaining 80% must be used for annuity

• Available after 10 years of contribution

• Early exit reduces tax efficiency significantly

About NPS

National Pension System (NPS) is a government-sponsored pension scheme designed to provide retirement income. It offers market-linked returns with professional fund management and has the best tax treatment among all retirement products. At maturity, 60% can be withdrawn tax-free while 40% must be used to purchase annuity for regular pension. NPS is suitable for long-term wealth creation with disciplined approach towards retirement planning.