NPS Calculator
National Pension System returns
Your Retirement Plan
Plan for a comfortable retirement
You can start with as little as ₹500 per month
NPS allows withdrawal only after age 60
Equity-heavy portfolios average 10-12%, debt-heavy 7-9%
Your NPS Retirement Outlook
About NPS Calculator
The NPS Calculator helps you estimate your retirement corpus, monthly pension, and tax benefits under India's National Pension System. Whether you're a government employee, private sector worker, or self-employed, NPS is one of the most cost-effective retirement savings options available.
With government backing, low fund management fees, and excellent tax benefits (deductions under Sections 80C and 80CCD(1B)), NPS is a powerful tool for building a secure retirement. Our calculator shows you exactly how much you'll have at age 60.
How to Use This NPS Calculator
Step 1: Enter your monthly contribution (minimum ₹500).
Step 2: Enter your current age and retirement age (NPS allows withdrawal only after 60).
Step 3: Enter expected annual return (10-12% for equity-heavy, 7-9% for debt-heavy).
Step 4: Click "Calculate NPS Retirement Corpus" to see results.
Step 5: View total corpus, tax-free lump sum (60%), annuity amount, and monthly pension.
Step 6: Use the Reset button to clear all inputs and try different scenarios.
Why Use an NPS Calculator?
✓ Retirement Planning
Know exactly how much you'll have at retirement. Plan your contributions to reach your retirement goal.
✓ Tax Planning
Calculate tax benefits under Sections 80C, 80CCD(1B). Plan your tax-saving investments strategically.
✓ Pension Estimation
See your estimated monthly pension after retirement. Plan your post-retirement expenses.
✓ Compare Scenarios
Test different contribution amounts, return rates, and retirement ages. Find the best strategy for you.
NPS Asset Allocation Options
| Asset Class | Expected Returns | Risk Level | Best For |
|---|---|---|---|
| Equity (E) | 10-12% | High | Young investors (under 40) |
| Corporate Bonds (C) | 8-10% | Moderate | Middle-aged (40-50) |
| Government Bonds (G) | 7-8% | Low | Near retirement (50+) |
NPS offers Auto-choice (age-based allocation) and Active-choice (you choose allocation).
NPS vs PPF vs Mutual Funds
| Feature | NPS | PPF | Mutual Funds |
|---|---|---|---|
| Returns | 8-12% | 7.1% | 10-14% |
| Lock-in | Until 60 | 15 years | None |
| Tax Benefit | ₹2L+ | ₹1.5L | ₹1.5L |
| Pension | ✅ Yes | ❌ No | ❌ No |
| Risk | Low-Moderate | Very Low | Moderate-High |
NPS Tax Benefits
- ✓Section 80CCD(1): Employee contribution up to 10% of salary (₹1.5L limit shared with 80C).
- ✓Section 80CCD(1B): Additional ₹50,000 deduction (over and above ₹1.5L).
- ✓Section 80CCD(2): Employer contribution up to 10% of salary (14% for government) is tax-free.
- ✓At withdrawal: 60% lump sum is tax-free, annuity (40%) taxed as pension income.
NPS Withdrawal Rules at Retirement
At age 60 (or 65 for some), you MUST take:
- 60% as lump sum - completely tax-free
- 40% to buy annuity - gives you monthly pension (taxable)
You can delay withdrawal up to age 75 if you're still working.
Frequently Asked Questions
Built and maintained by Sanjay Singh · Founder, Numrexo
Builds and maintains every calculator on Numrexo. Fifteen years working with numbers in real estate and digital marketing.
Last updated: · Calculations run in your browser. Nothing you enter is sent to us or stored.