Annuity Payout Calculator
Calculate the fixed monthly payout you can draw from a lump sum corpus over a chosen number of years.
- Free to use
- Accurate results
- No registration required
- Works on all devices
Your result
₹35,821.55
Monthly payout
AI explanation
Formula
Uses the same amortization formula as a loan EMI, drawing the corpus down to zero over the payout period while it continues to earn interestWorked example
₹50L corpus, 6% return, 20-year payout
| Field | Value |
|---|---|
| Lump sum corpus | 5000000 |
| Expected annual return during payout | 6 |
| Payout period | 20 |
| Monthly payout | 35821.55 |
| Total interest earned during drawdown | 3597172 |
| Total payout over the period | 8597172 |
Assumptions
- Assumes the remaining corpus continues earning the same return rate throughout the payout period.
- The corpus is fully depleted by the end of the payout period — this is not a perpetual-income calculation.
- Informational only.
Frequently asked questions
How is this different from a bank fixed deposit's interest payout?
A regular FD pays only the interest, leaving your principal intact. This calculator draws down both principal and interest together, so your monthly payout is higher but the corpus reaches zero at the end of the chosen period.
What happens if I outlive the payout period?
The corpus would be fully depleted by then — choose a payout period matching your expected life expectancy, or a lower monthly payout with a longer period, for more margin.
Does this apply to pension/annuity products?
Yes — the same math describes how insurance annuity products calculate a fixed pension payout from a purchased corpus, though actual products may add margins or guarantees on top.
Related calculators
Sources
- Mutual Fund Systematic Investment Plans — Securities and Exchange Board of India (SEBI). Effective 01-01-2020, reviewed 13-09-2026.
This calculator provides a general estimate only and does not constitute financial advice. Actual annuity products vary by provider.
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