NPS Calculator
Enter your monthly NPS contribution — instantly see the total corpus at age 60, the lump sum, and an estimated monthly pension.
How to use — NPS Calculator
- Enter your current age and monthly NPS contribution.
- Set the expected return — NPS's equity-debt mix has historically given 9–11%.
- Choose what % goes into annuity (pension) — a minimum of 40% is required.
- Click Calculate — see the corpus, tax-free lump sum, and estimated monthly pension.
FAQ
How does NPS pay out at 60?
A minimum of 40% of the corpus must go into an annuity (pension plan) that pays monthly pension. The remaining up to 60% can be withdrawn tax-free as a lump sum.
How is monthly pension estimated?
Annuity amount × annuity rate (~6% per year) ÷ 12. E.g. a ₹40 lakh annuity = ₹40L × 6% ÷ 12 = ~₹20,000/month. The actual rate depends on the annuity provider.
What is the tax benefit of NPS?
Under the old regime, an extra ₹50,000 deduction under 80CCD(1B) (on top of 80C's 1.5L). Employer contribution under 80CCD(2) is deductible in both regimes (up to 10–14% of basic).
Can I withdraw money before maturity?
Partial withdrawal (up to 25%, for specific reasons) is allowed after 3 years. Exiting before 60 requires putting 80% of the corpus into an annuity — so keep NPS strictly for retirement.