NPS Calculator
Calculate National Pension Scheme returns and retirement corpus
Investment Details
NPS entry age: 18-65 years
Normal exit age: 60 years (can extend to 75)
Minimum ₹1,000 per month
Historical NPS returns: 8-12% p.a.
Typical annuity rates: 5-7% p.a.
NPS Tax Benefits:
• 80CCD(1): Up to ₹1.5L (within 80C limit)
• 80CCD(1B): Additional ₹50k
• 80CCD(2): Employer contribution (10% of salary)
Total Corpus at Retirement
At Retirement (Age 60)
Can be withdrawn immediately
Used to buy pension annuity
From annuity @ 6% p.a.
Tax Benefits
* 60% lumpsum is tax-free. Monthly pension is taxable as per your income tax slab.
Corpus Breakdown
Your wealth grows 533% from ₹18,00,000 to ₹1,13,96,627!
About NPS
National Pension Scheme (NPS) is a government-backed retirement savings scheme regulated by PFRDA.
- • Entry Age: 18-65 years (exit at 60-75)
- • Minimum: ₹1,000/month or ₹6,000/year
- • Withdrawals: 60% lumpsum + 40% annuity
- • Returns: Market-linked (8-12% historical)
- • Portability: Single account across India
- • Tax Benefits: Up to ₹2L deduction (80CCD)
NPS Investment Options
- •Equity (E): Up to 75% in stocks (high risk, high return)
- •Corporate Bonds (C): Debt securities (medium risk)
- •Government Securities (G): Safe, low returns
- •Auto Choice: Age-based automatic rebalancing
- •Active Choice: You decide allocation
- •8+ Pension Fund Managers to choose from
Tax Benefits Explained
Section 80CCD(1): Up to ₹1.5 lakh (part of 80C limit)
Section 80CCD(1B): Additional ₹50,000 deduction
Section 80CCD(2): Employer contribution (10% of basic + DA)
Total Maximum Deduction: Up to ₹2 lakh per year for self-contribution + employer contribution!
Withdrawal Rules
- •Normal Exit (60 years): 60% lumpsum + 40% annuity
- •Premature Exit: 80% must buy annuity
- •Partial Withdrawals: 25% after 3 years (specific needs)
- •60% lumpsum withdrawal is tax-free
- •Monthly pension is taxable as income