NPS Calculator

National Pension System — Plan your retirement

NPS is a government pension scheme. At age 60, you must use minimum 40% of corpus to purchase an annuity. Additional ₹50,000 deduction available under Sec 80CCD(1B), over and above the ₹1.5L 80C limit.

Investment Parameters

yrs
18 yrs55 yrs
Retirement Age60 years (Fixed)
5001,00,000
%
6%15%
%
4%8%
%
40%100%

Minimum 40% annuity required by PFRDA regulations

Estimated Corpus at Age 60

₹1.14Cr

30 years of investment

Lump Sum (Withdrawal)

₹68.38L

60% of corpus

Annuity Corpus

₹45.59L

40% of corpus

Estimated Monthly Pension

₹22,793

at 6% annuity rate

Total Invested

₹18.00L

Returns Generated

₹95.97L

Annual Tax Benefit (80CCD(1B))

₹15,000

Estimated at 30% tax bracket

Invested vs Returns

Corpus Growth Over Time