NPS Calculator

Calculate your National Pension Scheme returns and plan your retirement corpus

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Years
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Total Corpus

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Lump Sum Amount

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Monthly Pension

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About NPS Calculator

Our NPS Calculator helps you plan your retirement by calculating the potential returns from your National Pension Scheme investments. It provides detailed projections of your retirement corpus, lump sum amount, and monthly pension based on your investment parameters.

Accurate Projections

Get precise calculations of your NPS returns and retirement corpus

Visual Analysis

View your corpus growth and distribution through interactive charts

Detailed Reports

Download comprehensive reports of your NPS calculations

Benefits

Tax Benefits

Avail tax deductions under Section 80C and 80CCD

Regular Income

Secure monthly pension after retirement

Market Returns

Potential for higher returns through market-linked investments

Key Features

Flexible Contributions

Choose your contribution amount and frequency

Asset Allocation

Option to choose between different asset classes

Export Data

Download detailed calculations in CSV format

How to Use

Enter Details

Fill in your monthly contribution and investment period

Calculate

Get instant results and detailed projections

Analyze

View charts and tables for better understanding

NPS in India: Tiers, Tax, and a Worked Example

India's National Pension System has two tiers. Tier I is the mandatory retirement account — withdrawals before age 60 are restricted, and at maturity you must use at least 40% of the corpus to buy an annuity. Tier II is optional, works like a mutual fund wrapper, and has no separate tax benefit on contributions (though gains follow equity/debt fund taxation rules).

Tax benefits (FY 2025–26): Employee/self contributions qualify under Section 80CCD(1) within the overall ₹1.5 lakh Section 80C limit. An additional ₹50,000 deduction is available under Section 80CCD(1B). Employer contributions up to 10% of salary (14% for government employees) are deductible under 80CCD(2) without affecting the 80C cap.

Worked example: A 32-year-old salaried professional in Bengaluru invests ₹5,000/month in NPS Tier I (Active Choice, 75% equity) until age 60 — 28 years. At an assumed 10% CAGR, the corpus could reach roughly ₹1.1 crore. At retirement, if 40% (≈₹44 lakh) is annuitised at 6% and 60% is withdrawn lump sum (tax-free within limits), the monthly pension might be around ₹22,000 before tax — use this calculator to stress-test your own contribution and return assumptions.

Asset allocation choices: Under Active Choice you pick E (equity), C (corporate debt), G (government securities), and A (alternate) within age-based caps. Auto Choice (Lifecycle) reduces equity automatically as you age — a sensible default for hands-off investors.

Guide by our Retirement Editor. Compare with PPF, Retirement Calculator, and tax-saving options. NPS rules change — verify on the PFRDA website before investing.

Frequently Asked Questions

The National Pension Scheme (NPS) is a government-sponsored pension scheme that helps you save for retirement. It offers market-linked returns and tax benefits.

NPS offers tax benefits under Section 80C (up to ₹1.5 lakh) and Section 80CCD(1B) (additional ₹50,000) for contributions. The maturity amount is also tax-free up to 60%.

The pension amount is calculated based on the annuity percentage (minimum 40%) of the corpus at retirement. The monthly pension depends on the annuity rate and your life expectancy.