National Pension System • Government Backed

NPS Calculator

Plan your retirement with NPS. Calculate your pension wealth, lumpsum withdrawal, and monthly pension at retirement.

Your Current Age

Yrs

18 Years59 Years

Monthly Contribution

₹

₹500₹2L

Expected Return (p.a.)

6%14%

Annuity Settings

Wealth Invested in Annuity40%

40% (Min)100%

Annuity Interest Rate6%

4%10%

Pension Wealth at Age 60 (25 years)

₹1.34 Cr

Monthly Pension: ₹26,758

Total Invested

₹30.00 L

Interest Earned

₹1.04 Cr

Lumpsum Withdrawal

₹80.27 L

Returns %

78%

Estimated Monthly Pension

₹26,758

Based on 40% annuity at 6% return

Annuity Corpus

₹53.52 L

Understanding National Pension System (NPS)

What is NPS?

NPS is a voluntary retirement savings scheme regulated by PFRDA. It allows investment in equity, corporate bonds, and government securities with professional fund management.

Annuity Requirement

At maturity, minimum 40% of corpus must be used to purchase an annuity that provides monthly pension. The remaining 60% can be withdrawn tax-free as a lumpsum.

Tax Benefits

Enjoy up to ₹1.5L deduction under 80C plus additional ₹50,000 under 80CCD(1B). Employer contributions up to 10% of salary are also deductible under 80CCD(2).