NPS Calculator
Calculate your NPS retirement corpus and estimated monthly pension. Plan contributions from any age.
Total Invested
₹21,00,000
Total Corpus
₹1,91,41,384
Lumpsum Withdrawal
₹1,14,84,830
Annuity Investment
₹76,56,554
Est. Monthly Pension
₹38,283
Growth Over Time
₹1,91,41,384
| Year | Invested | Corpus |
|---|---|---|
| 1 | ₹60,000 | ₹63,351 |
| 2 | ₹1,20,000 | ₹1,33,337 |
| 3 | ₹1,80,000 | ₹2,10,650 |
| 4 | ₹2,40,000 | ₹2,96,059 |
| 5 | ₹3,00,000 | ₹3,90,412 |
| 6 | ₹3,60,000 | ₹4,94,645 |
| 7 | ₹4,20,000 | ₹6,09,792 |
| 8 | ₹4,80,000 | ₹7,36,996 |
| 9 | ₹5,40,000 | ₹8,77,521 |
| 10 | ₹6,00,000 | ₹10,32,760 |
| 11 | ₹6,60,000 | ₹12,04,255 |
| 12 | ₹7,20,000 | ₹13,93,708 |
| 13 | ₹7,80,000 | ₹16,02,998 |
| 14 | ₹8,40,000 | ₹18,34,205 |
| 15 | ₹9,00,000 | ₹20,89,621 |
| 16 | ₹9,60,000 | ₹23,71,783 |
| 17 | ₹10,20,000 | ₹26,83,492 |
| 18 | ₹10,80,000 | ₹30,27,840 |
| 19 | ₹11,40,000 | ₹34,08,245 |
| 20 | ₹12,00,000 | ₹38,28,485 |
| 21 | ₹12,60,000 | ₹42,92,728 |
| 22 | ₹13,20,000 | ₹48,05,584 |
| 23 | ₹13,80,000 | ₹53,72,143 |
| 24 | ₹14,40,000 | ₹59,98,028 |
| 25 | ₹15,00,000 | ₹66,89,452 |
| 26 | ₹15,60,000 | ₹74,53,276 |
| 27 | ₹16,20,000 | ₹82,97,083 |
| 28 | ₹16,80,000 | ₹92,29,247 |
| 29 | ₹17,40,000 | ₹1,02,59,022 |
| 30 | ₹18,00,000 | ₹1,13,96,627 |
| 31 | ₹18,60,000 | ₹1,26,53,354 |
| 32 | ₹19,20,000 | ₹1,40,41,677 |
| 33 | ₹19,80,000 | ₹1,55,75,375 |
| 34 | ₹20,40,000 | ₹1,72,69,672 |
| 35 | ₹21,00,000 | ₹1,91,41,384 |
| Year | Age | Total Invested | Corpus Value |
|---|---|---|---|
| 1 | 26 | ₹60,000 | ₹63,351 |
| 2 | 27 | ₹1,20,000 | ₹1,33,337 |
| 3 | 28 | ₹1,80,000 | ₹2,10,650 |
| 4 | 29 | ₹2,40,000 | ₹2,96,059 |
| 5 | 30 | ₹3,00,000 | ₹3,90,412 |
| 6 | 31 | ₹3,60,000 | ₹4,94,645 |
| 7 | 32 | ₹4,20,000 | ₹6,09,792 |
| 8 | 33 | ₹4,80,000 | ₹7,36,996 |
| 9 | 34 | ₹5,40,000 | ₹8,77,521 |
| 10 | 35 | ₹6,00,000 | ₹10,32,760 |
| 11 | 36 | ₹6,60,000 | ₹12,04,255 |
| 12 | 37 | ₹7,20,000 | ₹13,93,708 |
| 13 | 38 | ₹7,80,000 | ₹16,02,998 |
| 14 | 39 | ₹8,40,000 | ₹18,34,205 |
| 15 | 40 | ₹9,00,000 | ₹20,89,621 |
| 16 | 41 | ₹9,60,000 | ₹23,71,783 |
| 17 | 42 | ₹10,20,000 | ₹26,83,492 |
| 18 | 43 | ₹10,80,000 | ₹30,27,840 |
| 19 | 44 | ₹11,40,000 | ₹34,08,245 |
| 20 | 45 | ₹12,00,000 | ₹38,28,485 |
| 21 | 46 | ₹12,60,000 | ₹42,92,728 |
| 22 | 47 | ₹13,20,000 | ₹48,05,584 |
| 23 | 48 | ₹13,80,000 | ₹53,72,143 |
| 24 | 49 | ₹14,40,000 | ₹59,98,028 |
| 25 | 50 | ₹15,00,000 | ₹66,89,452 |
| 26 | 51 | ₹15,60,000 | ₹74,53,276 |
| 27 | 52 | ₹16,20,000 | ₹82,97,083 |
| 28 | 53 | ₹16,80,000 | ₹92,29,247 |
| 29 | 54 | ₹17,40,000 | ₹1,02,59,022 |
| 30 | 55 | ₹18,00,000 | ₹1,13,96,627 |
| 31 | 56 | ₹18,60,000 | ₹1,26,53,354 |
| 32 | 57 | ₹19,20,000 | ₹1,40,41,677 |
| 33 | 58 | ₹19,80,000 | ₹1,55,75,375 |
| 34 | 59 | ₹20,40,000 | ₹1,72,69,672 |
| 35 | 60 | ₹21,00,000 | ₹1,91,41,384 |
What is NPS?
The National Pension System (NPS) is a government-sponsored retirement savings scheme open to all Indian citizens aged 18-70. It is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and invests your contributions in a mix of equity, corporate bonds, and government securities based on your chosen allocation.
How NPS Works: Tier I and Tier II
Tier I is the primary retirement account with a lock-in until age 60. At maturity, you must use at least 40% of the corpus to purchase an annuity (which gives you a monthly pension), and up to 60% can be withdrawn as a tax-free lump sum.
Tier II is a voluntary savings account with no lock-in. It works like a mutual fund — you can withdraw anytime. However, it does not offer the additional tax benefits that Tier I does (except for government employees).
NPS Tax Benefits (Section 80CCD)
- Up to ₹1.5 lakh under Section 80CCD(1) — part of the overall 80C limit
- Additional ₹50,000 under Section 80CCD(1B) — over and above the 80C limit
- Employer contribution up to 10% of salary (14% for government) under Section 80CCD(2) — no upper cap
- 60% lump sum withdrawal at maturity is tax-free
FAQ: What are the NPS withdrawal rules?
At age 60, you can withdraw up to 60% of the corpus as a tax-free lump sum. The remaining 40% must be used to buy an annuity that provides a monthly pension. Premature exit (before 60) is allowed after 5 years, but you must use at least 80% for annuity purchase. Partial withdrawals (up to 25% of own contributions) are allowed after 3 years for specific purposes like children's education, marriage, home purchase, or medical treatment.
FAQ: What returns can I expect from NPS?
NPS returns are market-linked and not guaranteed. Historically, NPS equity funds have delivered 10-14% annualized returns, corporate bond funds 8-10%, and government securities 8-9%. Your actual returns depend on your asset allocation and the performance of your chosen pension fund manager.
FAQ: NPS vs PPF — which is better?
PPF offers guaranteed returns (7.1%) with full EEE tax status and complete flexibility at maturity. NPS offers potentially higher returns through equity exposure and an extra ₹50,000 tax deduction, but requires mandatory annuity purchase. For most people, using both is ideal — PPF for guaranteed safe returns and NPS for the extra tax benefit and equity exposure. Try PPF Calculator →