👴 NPS: Calculator

Estimate your National Pension System corpus, lump sum, and monthly pension.

years
years
₹
%
%
%
TOTAL CORPUS AT RETIREMENT
₹0
over 30 years
Lump Sum (tax-free)
₹0
Annuity Corpus
₹0
Est. Monthly Pension
₹0
Total Invested
₹0

How the NPS Calculator Works

The National Pension System (NPS) is a market-linked, voluntary retirement savings scheme regulated by the PFRDA. Unlike PPF or EPF, NPS returns depend on how your contributions are invested (equity, corporate bonds, and government securities), so this calculator uses an expected annual return that you can adjust to model different scenarios.

Total Corpus = Monthly Contribution × [((1+r)ⁿ − 1) / r] × (1+r), r = expected monthly return
Annuity Corpus = Total Corpus × Annuity % (minimum 40%)
Monthly Pension ≈ Annuity Corpus × Annuity Rate ÷ 12

The 40% Mandatory Annuity Rule

At retirement (age 60, or earlier under specific conditions), NPS rules require at least 40% of your accumulated corpus to be used to purchase an annuity — a plan that pays you a regular pension for life. The remaining portion (up to 60%) can be withdrawn as a lump sum, which is currently tax-free.

Why the Numbers Are Estimates

Because NPS returns are market-linked, actual outcomes will differ from any single assumed rate. Annuity rates offered by insurance providers at the time you retire will also determine your real monthly pension — this calculator's annuity rate is an adjustable estimate, not a guaranteed figure.

📎 Related Tools: EPF Calculator PPF Calculator Annuity Calculator Retirement Calculator

❓ Frequently Asked Questions

Is NPS return guaranteed?
No. NPS is a market-linked scheme, and your actual returns depend on the performance of the equity, corporate bond, and government securities funds you choose. This calculator lets you enter your own expected return to model different scenarios.
How much of my NPS corpus can I withdraw as a lump sum?
At retirement, you must use at least 40% of your corpus to buy an annuity (a regular pension plan). You can withdraw up to the remaining 60% as a lump sum, which is currently tax-free under prevailing income tax rules.
What is an NPS annuity rate?
It's the rate at which an insurance provider converts your annuity corpus into a regular pension payout, similar to an interest rate on a pension plan. Annuity rates vary by provider and market conditions at the time of purchase, typically in the mid-single digits.
Can I withdraw my entire NPS corpus if it's a small amount?
Yes, if your total corpus at retirement is below a regulatory threshold (currently ₹5 lakh), PFRDA rules allow you to withdraw the entire amount as a lump sum without being required to purchase an annuity.
How is NPS different from EPF and PPF?
EPF and PPF offer government-set or government-linked fixed interest rates with capital protection. NPS is market-linked with no guaranteed return, but historically offers higher long-term growth potential along with additional tax-saving options under Section 80CCD.

🏆 About This Tool — Accuracy & Trust

🔒 Data Privacy: All calculations run entirely within your browser using JavaScript. Nothing you enter here is ever transmitted to our servers, stored, sold, or shared.

📐 Accuracy Note: This tool uses standard, widely published formulas and guidelines. Results are estimates for informational purposes; for financial, medical, or engineering decisions, consult a licensed professional.

📅 Last Updated: September 2026.