NPS Calculator

NPS (National Pension System) Calculator

Project your NPS corpus at retirement, the mandatory 40% annuity you must buy, and the 60% lumpsum you receive tax-free. Factors in Tier-1 monthly contributions with equity/corporate-bond/G-sec mix.

Current age

years

Retirement age (max 70 for NPS)

years

Monthly contribution

₹

Expected weighted returnhistorical NPS: 9–11%

% p.a.

Annuity return (post-retirement)typical: 6%

% p.a.

Methodology. NPS Tier-1: at age 60 (retirement), you MUST use at least 40% of accumulated corpus to buy an annuity. 60% can be withdrawn as lumpsum (tax-free). Annuity pension = 40% corpus × annuity rate / 12 (monthly). Contribution eligible for ₹1.5L 80C + ₹50K 80CCD(1B) = total ₹2L deduction if you maxed contribution. Auto-choice lifecycle funds shift from equity to bonds as you age; returns estimated at 10–11% if young, 7–8% close to retirement.