NPS Calculator
Estimate your National Pension System (NPS) corpus at retirement, the lump sum you can withdraw and your monthly pension.
Frequently asked questions
How does NPS pay out at retirement?
At exit, part of your corpus must be used to buy an annuity, which pays a regular pension, and the rest can be withdrawn as a lump sum. The minimum annuity share is set by PFRDA and has changed over time, so check the current rule and set the share accordingly.
How is the pension estimated?
Monthly pension = corpus used for annuity × annuity rate ÷ 12. Actual annuity rates depend on the insurer and plan you choose.
What return should I expect?
NPS returns depend on your mix of equity, corporate bonds and government securities. The rate you enter is only an assumption.
Does NPS save tax?
Contributions can qualify for deductions under Sections 80CCD(1), 80CCD(1B) and, for employer contributions, 80CCD(2). Which ones apply depends on your tax regime.
Disclaimer: This calculator is for illustration only. Results are estimates based on the rates and assumptions you enter; actual interest rates, returns, contribution rules and tax treatment are set by the government and the scheme regulator and can change.
This is not tax or retirement advice. Please consult a financial advisor before making decisions.