NPS Calculator
Project your National Pension System corpus at retirement.
Your inputs
At retirement, at least 40% of the corpus must go into an annuity (regular pension income); up to 60% can be withdrawn as a lump sum.
Estimates only. Figures are indicative and do not constitute financial advice.
About the NPS Calculator
"NPS calculator" is searched by anyone building a retirement corpus through the National Pension System — whether through employer contributions, voluntary Tier 1 investments, or the additional ₹50,000 deduction available under Section 80CCD(1B). This calculator projects your corpus at retirement based on your monthly contribution and expected return.
NPS invests your contributions across equity, corporate bonds, and government securities, and the corpus compounds until you retire (typically at 60). At retirement, NPS rules require at least 40% of your corpus to be used to purchase an annuity (paying you a regular pension for life), while up to 60% can be withdrawn as a tax-free lump sum. This calculator shows both your total projected corpus and this 60/40 split, essential for realistic retirement income planning — the lump sum you can access immediately versus the amount locked into a pension annuity. It's useful for anyone deciding how much to voluntarily contribute to NPS beyond mandatory employer contributions, given the additional tax deduction available on top of the standard 80C limit.
How to use this calculator
- Enter your monthly NPS contribution.
- Enter your current age and expected retirement age.
- Set your expected annual return.
- See your projected corpus and the lump sum/annuity split.
Frequently asked questions
›What is the minimum NPS contribution?
For a Tier 1 account, the minimum contribution is ₹500 per transaction and ₹1,000 per financial year to keep the account active.
›How much of my NPS corpus can I withdraw as a lump sum?
Up to 60% of your accumulated corpus can be withdrawn tax-free at retirement (age 60); the remaining minimum 40% must go into an annuity for regular pension income.
›Is NPS better than mutual funds for retirement?
NPS offers additional tax benefits (including the extra ₹50,000 deduction under 80CCD(1B)) and mandatory annuitization for disciplined pension income, while mutual funds offer more flexibility and liquidity — many investors use both.
Related calculators
Read the full guide
NPS vs PPF vs EPF: Which Retirement Scheme Actually Wins?