NPS Calculator

Estimate your National Pension System (NPS) corpus at retirement, along with the annuity and lump sum split and an estimated monthly pension.

  • Free to use
  • Accurate results
  • No registration required
  • Works on all devices
Enter your age, monthly contribution, and expected return to estimate your NPS corpus and pension at retirement.
years
years
₹
%
%
%

Your result

₹1,13,96,626.62

Total corpus at retirement

Lump sum withdrawal₹68,37,975.97
Annuity corpus₹45,58,650.65
Estimated monthly pension₹22,793.25
Total contributed₹18,00,000

AI explanation

Formula

Corpus via the annuity-due SIP formula; at least 40% must fund an annuity, up to 60% can be withdrawn as a lump sum

Worked example

Age 30, ₹5,000/month, 10% return, retiring at 60

Worked example: Age 30, ₹5,000/month, 10% return, retiring at 60
FieldValue
Current age30
Retirement age60
Monthly contribution5000
Expected annual return10
Corpus used for annuity40
Expected annuity rate6
Total corpus at retirement11396626.62
Lump sum withdrawal6837975.97
Annuity corpus4558650.65
Estimated monthly pension22793.25

Assumptions

  • By NPS rules, at least 40% of the corpus must go toward purchasing an annuity, with the remainder available as a lump sum (fully tax-free up to 60% under current rules).
  • The monthly pension is a simple annuity-rate estimate — actual annuity payouts depend on the specific annuity provider and plan chosen at retirement.
  • Informational only.

Frequently asked questions

What is NPS?

The National Pension System is a government-regulated, market-linked retirement savings scheme where contributions accumulate until retirement, then partly convert into a pension annuity.

Why can't I withdraw my entire NPS corpus as a lump sum?

NPS rules require at least 40% of the corpus to purchase an annuity, ensuring a regular pension income — this is a structural feature of the scheme, not optional.

Does NPS offer tax benefits?

Yes — NPS contributions qualify for tax deductions under Section 80CCD, including an additional ₹50,000 deduction under 80CCD(1B) beyond the standard 80C limit.

Related calculators

Retirement CalculatorAnnuity Payout Calculator

Sources

  • National Pension System — Pension Fund Regulatory and Development Authority (PFRDA). Effective 01-01-2004, reviewed 13-09-2026.

This calculator provides a general estimate only and does not constitute financial or retirement planning advice. Actual annuity rates vary by provider and plan.

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