Calculate your NPS corpus at retirement, monthly pension estimate, lump sum withdrawal and annual tax savings
Current Age
30 yrs
🏁 Retirement age: 60 (fixed by NPS rules)
Monthly Contribution
₹
Expected Return on Investment
10%
Annuity Options
40%
6%
Total NPS Corpus at Age 60
₹0
30 years of investment at 10%
Total Invested
₹0
Total Returns
₹0
Years to Retire
0 yrs
Lump Sum (Tax-Free)
₹0
60% of corpus
Annuity Investment
₹0
40% — buys monthly pension
🏠 Estimated Monthly Pension
₹0
Annuity corpus at 6% p.a. — pension is taxable as per slab
Annual Tax Savings (30% Slab)
Sec 80CCD(1) — within 80C limit₹0
Sec 80CCD(1B) — exclusive to NPS₹15,000
Total Annual Tax Saving₹0
NPS Corpus Growth Year by Year
⚠️ NPS returns are market-linked and not guaranteed. Expected return is an estimate for illustration only. Minimum 40% of corpus must be used to purchase annuity at retirement. Lump sum withdrawal (up to 60%) is tax-free. Annuity income is taxable as per your income tax slab. Consult a financial advisor before investing.
★ Premium NPS Retirement Report — ₹99
Total Corpus
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Monthly Pension
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Lump Sum (60%)
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Tax Saved/Year
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3-page dark PDF — corpus chart, year-by-year growth table, pension projection
Section 80CCD(1B) extra ₹50,000 deduction analysis
Annuity vs lump sum strategy comparison
5 NPS optimization tips for maximum retirement corpus
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About This NPS Calculator
The National Pension System (NPS) is India's voluntary, defined-contribution retirement savings scheme regulated by PFRDA. This calculator computes the NPS corpus at age 60 using the SIP future value formula: monthly contributions compound at the expected rate of return until retirement. The corpus is split — your chosen annuity percentage buys a lifetime pension, and the rest (max 60%) is a tax-free lump sum. Monthly pension is estimated as (annuity corpus × annuity rate) / 12. Tax savings shown are based on the 30% income tax slab: Sec 80CCD(1B) exclusively allows ₹50,000 extra deduction beyond the ₹1.5L limit, saving ₹15,000/year at 30% slab. NPS Tier I is mandatory for government employees; others can open it voluntarily with just ₹500/month minimum.
Frequently Asked Questions
What is NPS? +
NPS (National Pension System) is a government-sponsored, market-linked retirement savings scheme. Contributions grow in a corpus invested across equity, government bonds and corporate bonds. At age 60, min 40% must purchase annuity for monthly pension; up to 60% can be withdrawn tax-free. NPS offers India's best tax benefits — up to ₹2L+ deduction per year.
What is the tax benefit on NPS? +
Three benefits: (1) Sec 80CCD(1): up to 10% of salary (max ₹1.5L) within overall 80C limit. (2) Sec 80CCD(1B): exclusive additional ₹50,000 deduction unique to NPS — saves ₹15,000/year at 30% slab. (3) Sec 80CCD(2): employer contribution up to 10% of salary is fully deductible. Total: ₹2L+ deduction.
How is NPS pension calculated? +
Monthly pension = (Annuity corpus × Annuity rate) / 12. For example, ₹50L annuity corpus at 6% p.a. gives ₹3L/year = ₹25,000/month. The annuity rate depends on the annuity service provider you choose at retirement. Pension income is fully taxable as per your slab.
Can I withdraw NPS before 60? +
Partial withdrawal (up to 25% of own contributions) allowed after 3 years for education, marriage, home purchase or critical illness. Premature exit after 10 years: 80% must be annuitized, only 20% lump sum. Exit before 10 years: full corpus must be annuitized. Full exit allowed only at age 60.