NPS Calculator
Investing ₹5,000 a month in NPS from 30 to 60 at an assumed 10% could build about ₹1.14 crore, giving a pension of about ₹22,793 a month from a 40% annuity at 6%.
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At exit from the National Pension System, part of the corpus buys an annuity that pays a monthly pension and the rest can be withdrawn as a lump sum. The calculator assumes 40% goes to the annuity by default; you can change it.
Example
₹5,000 a month from age 30 at 10% could build about ₹1,13,96,627 by 60. Using 40% for an annuity at 6% gives a pension of about ₹22,793 a month, plus a lump sum of about ₹68,37,976.
NPS Calculator scenarios
| Monthly contribution | Invested | Corpus at 60 | Lump sum (60%) | Monthly pension |
|---|---|---|---|---|
| ₹2,000 | ₹7.20 lakh | ₹45.59 lakh | ₹27.35 lakh | ₹9,117 |
| ₹5,000 | ₹18.00 lakh | ₹1.14 crore | ₹68.38 lakh | ₹22,793 |
| ₹10,000 | ₹36.00 lakh | ₹2.28 crore | ₹1.37 crore | ₹45,587 |
| ₹15,000 | ₹54.00 lakh | ₹3.42 crore | ₹2.05 crore | ₹68,380 |
| ₹25,000 | ₹90.00 lakh | ₹5.70 crore | ₹3.42 crore | ₹1,13,966 |
What changes the result
- Your equity allocation (active choice) or life-cycle fund, which drives long-term returns.
- Years until exit — starting early matters more than the contribution size.
- The share of the corpus used for the annuity, and the annuity rate available when you retire.
- Employer contributions under Section 80CCD(2), which add to the corpus.
How to use this calculator
- Enter your monthly NPS contribution and current age.
- Enter the expected annual return until 60.
- Enter the share of the corpus you will use for an annuity and the expected annuity rate.
- Read the corpus, the lump sum and the estimated monthly pension.
NPS Calculator FAQs
Are NPS returns guaranteed?
No. NPS returns depend on the market and your equity/debt choice. Annuity rates also change over time.
What tax benefits does NPS offer?
Under the old regime, you can claim up to ₹50,000 a year under Section 80CCD(1B), over and above the ₹1.5 lakh 80C limit. Employer contributions are deductible under Section 80CCD(2) in both regimes — up to 14% of basic + DA under the new regime (FY 2025-26).
Is the NPS lump sum taxable?
The lump sum withdrawn at retirement within the permitted limit is tax-free. The monthly pension from the annuity is taxable as income in the year you receive it.
Can the exit rules change?
Yes. PFRDA sets and revises the withdrawal and annuity rules. Check the current rules before exit and adjust the annuity share in the calculator.
Results are estimates for planning only and are not financial, tax or investment advice. Check figures with your bank, fund house or tax adviser before acting on them.