NPS Calculator
NPS corpus, lump sum and monthly pension at 60.
Optional
Optional
At least 20% for non-government subscribers with a corpus above ₹12 lakh under the December 2025 rules; 40% for government employees.
Your result
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Enter your numbers to see the result.
This NPS calculator estimates what your National Pension System account could be worth when you turn 60. Enter your age, monthly contribution and expected return. It shows the total corpus, how much you can take as a lump sum, how much buys an annuity, and the monthly pension that annuity may pay.
What is a NPS Calculator?
The National Pension System (NPS) is a voluntary, market-linked retirement scheme regulated by PFRDA. You contribute regularly to a pension account during your working life, and the money is invested in equity, corporate bonds and government securities according to your choice.
At exit, usually at 60, part of the corpus can be taken as a lump sum and the rest must be used to buy an annuity that pays a monthly pension. Under amendments issued by PFRDA in December 2025, non-government subscribers with a larger corpus can take up to 80% as a lump sum and must annuitise at least 20%. An NPS calculator estimates both parts.
How does the NPS Calculator work?
The calculator adds your monthly contribution and grows the balance at the monthly return you enter, raising the contribution each year if you set a yearly increase.
At the exit age, it splits the corpus into the annuity share and the lump sum. The monthly pension is the annuity amount multiplied by the annuity rate and divided by 12. It also shows how much of the lump sum is tax-free, which remains 60% of the corpus.
How to use the NPS Calculator step by step
- Enter your age and the exit age.
- Enter your monthly contribution, and a yearly increase if you plan one.
- Choose an expected return; 8–10% suits a balanced mix.
- Add any existing NPS balance.
- Set the annuity share and an annuity rate.
- Read the corpus, lump sum and estimated monthly pension.
NPS Calculator example with real numbers
You are 30, contribute ₹5,000 a month to NPS Tier I, raise it by 5% a year, expect a 10% average return and plan to exit at 60, using the minimum 20% for an annuity.
| Example input | Value |
|---|---|
| Your age | 30 years |
| Exit age | 60 years |
| Monthly contribution | ₹5,000 |
| Yearly increase in contribution (optional) | 5% |
| Expected annual return | 10% |
| Existing NPS balance (optional) | ₹0 |
| Share used to buy an annuity | 20% |
| Expected annuity rate | 6.5% |
| Example output | Value |
|---|---|
| Estimated monthly pension | ₹19,462 |
| Total corpus at 60 | ₹1,79,65,105 |
| Lump sum you can withdraw | ₹1,43,72,084 |
| Tax-free part of lump sum (60% of corpus) | ₹1,07,79,063 |
| Amount used for annuity | ₹35,93,021 |
| Total contributed | ₹39,86,331 |
| Growth on contributions | ₹1,39,78,774 |
The NPS calculator estimates a corpus of ₹1,79,65,105. You could take ₹1,43,72,084 as a lump sum and use ₹35,93,021 to buy an annuity, which at 6.5% would pay about ₹19,462 a month.
Key features of this NPS Calculator
- Corpus at any exit age from 40 to 85
- Yearly contribution increase
- Lump sum and annuity split you control
- Tax-free portion of the lump sum
- Monthly pension estimate
Who should use the NPS Calculator?
Who is this NPS Calculator for?
- Private sector employees saving for retirement
- Self-employed people without EPF
- Government employees checking their NPS projection
- Parents considering NPS Vatsalya for children
Practical use cases
- Estimating the pension from ₹5,000 a month
- Comparing 20% and 40% annuity options
- Checking the benefit of raising contributions every year
- Deciding whether to stay invested beyond 60
Key benefits
- Retirement clarity: see both lump sum and pension.
- Up to date: reflects the higher lump-sum limit for non-government subscribers.
- Flexible: change exit age and annuity share.
- Tax-aware: shows the tax-free part of the lump sum.
Tips for better results
- Start early; NPS gains most from long compounding.
- Under the old regime, an extra ₹50,000 a year in NPS is deductible (familiar as Section 80CCD(1B)).
- Employer contributions to NPS are deductible under both regimes, within limits.
- Review your asset mix every few years and reduce equity as you approach 60.
Common mistakes to avoid
- Expecting a guaranteed return.
- Ignoring that annuity income is taxed.
- Using an unrealistically high annuity rate.
- Forgetting to revisit the auto or active choice of funds.
Limitations of this NPS Calculator
- It assumes a constant return.
- Annuity rates are an estimate; actual rates depend on the insurer and plan.
- Small-corpus and early-exit rules are not modelled.
- Tax on the lump sum above 60% may depend on rules in force at the time.
NPS Calculator vs other ways to calculate
| Scheme | Return | Withdrawal at 60 | Tax benefit |
|---|---|---|---|
| NPS | Market-linked | Up to 80% lump sum (non-govt, large corpus) | Extra ₹50,000 deduction (old regime) |
| EPF | 8.25% (FY 2025-26) | Full balance | Tax-free after 5 years |
| PPF | 7.1% | Full balance at maturity | Tax-free |
| Mutual fund SWP | Market-linked | Any time | Gains taxed |
Compare with the EPF calculator and PPF calculator to build a full retirement picture, then check the total against the retirement calculator.
Privacy and data handling
This NPS Calculator runs entirely in your browser. The numbers you type are not sent to Qorico or stored on any server, and nothing is saved after you close the page. The Copy and Download buttons create the result on your own device. If the page has analytics turned on, it may count that a calculation happened, but it does not record the values you entered.
NPS Calculator FAQs
How much pension will NPS give?
It depends on your corpus, the share used for an annuity and the annuity rate. ₹10 lakh in an annuity at 6.5% pays about ₹5,400 a month.
How much of NPS can be withdrawn at 60?
Under PFRDA’s December 2025 amendments, non-government subscribers with a corpus above ₹12 lakh can withdraw up to 80% as a lump sum and must use at least 20% for an annuity. Smaller corpora have more flexible options.
Is the NPS lump sum tax-free?
Up to 60% of the total corpus withdrawn at exit is tax-free. Any additional amount withdrawn may be taxable, and annuity income is taxed at your slab rate.
What tax benefit does NPS give?
Under the old regime, you can claim up to ₹50,000 extra for NPS contributions. Employer contributions are deductible under both regimes up to a percentage of salary.
What is NPS Vatsalya?
NPS Vatsalya is an NPS account opened by parents or guardians for a minor. It converts to a regular NPS account when the child turns 18.
Can I continue NPS after 60?
Yes. You can defer withdrawal and stay invested, currently up to age 85.
Related tools
Sources and references
We checked the method and the current figures used in this NPS Calculator against these official and primary sources:
- PFRDA: Pension Fund Regulatory and Development Authority
- NPS Trust
- Protean CRA: NPS
- Income Tax Department of India
Written and reviewed by the Qorico Team
