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NPS Calculator

NPS corpus, lump sum and monthly pension at 60.

₹
years

You'll invest for 30 years, until 60.

% a year

Equity-heavy NPS has averaged 9–12% over the long term.

%

Optional. Most people raise it with their salary.

%

At least 40% must buy an annuity (pension). The rest can be withdrawn tax-free.

% a year
Total corpus at 60
₹1,13,96,627
₹1.14 Crore
Lump sum you can withdraw
₹68,37,976
₹68.38 Lakh
Estimated monthly pension
₹22,793
From ₹45.59 Lakh annuity
You invested₹18,00,000 (16%)
Returns₹95,96,627 (84%)
Year-by-year breakdown
YearContributionReturnsCorpus
1₹60,000₹3,351₹63,351
2₹60,000₹9,985₹1,33,337
3₹60,000₹17,313₹2,10,650
4₹60,000₹25,409₹2,96,059
5₹60,000₹34,353₹3,90,412
6₹60,000₹44,233₹4,94,645
7₹60,000₹55,147₹6,09,792
8₹60,000₹67,205₹7,36,996
9₹60,000₹80,525₹8,77,521
10₹60,000₹95,239₹10,32,760
11₹60,000₹1,11,495₹12,04,255
12₹60,000₹1,29,453₹13,93,708
13₹60,000₹1,49,291₹16,02,998
14₹60,000₹1,71,206₹18,34,205
15₹60,000₹1,95,417₹20,89,621
16₹60,000₹2,22,162₹23,71,783
17₹60,000₹2,51,708₹26,83,492
18₹60,000₹2,84,348₹30,27,840
19₹60,000₹3,20,406₹34,08,245
20₹60,000₹3,60,239₹38,28,485
21₹60,000₹4,04,244₹42,92,728
22₹60,000₹4,52,856₹48,05,584
23₹60,000₹5,06,559₹53,72,143
24₹60,000₹5,65,885₹59,98,028
25₹60,000₹6,31,423₹66,89,452
26₹60,000₹7,03,824₹74,53,276
27₹60,000₹7,83,807₹82,97,083
28₹60,000₹8,72,164₹92,29,247
29₹60,000₹9,69,774₹1,02,59,022
30₹60,000₹10,77,605₹1,13,96,627

Returns aren't guaranteed. NPS contributions get up to ₹50,000 extra deduction under Section 80CCD(1B) in the old regime; employer contributions are deductible under 80CCD(2) in both regimes.

How to use

  1. 1Enter your monthly NPS contribution and your current age.
  2. 2Set the expected return and an optional yearly increase.
  3. 3Choose how much of the corpus buys an annuity (at least 40%).
  4. 4See your corpus, lump sum and monthly pension at 60.

Frequently asked questions

How much of NPS can I withdraw at 60?

Up to 60% as a tax-free lump sum. At least 40% must be used to buy an annuity that pays you a monthly pension.

What return does NPS give?

It depends on your equity share and fund manager. Long-term returns have mostly been 9–12% for equity-heavy choices. Returns aren't guaranteed.

Is the pension taxable?

Yes. The annuity income is added to your income and taxed at your slab rate.

What tax benefits does NPS give?

In the old regime, an extra ₹50,000 deduction under 80CCD(1B) beyond 80C. Employer contributions are deductible under 80CCD(2) in both regimes.

What annuity rate should I use?

Insurers currently offer about 5.5–7% a year depending on the plan. The calculator uses 6% by default.

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