NPS Calculator
Inputs
Manual Entry OnResults
LiveTotal Invested
Total Corpus @ Retirement
Lump Sum Withdrawal
Annuity Corpus
Estimated Monthly Pension
Inflation-Adjusted Corpus
- Tier I / mo (Year 1) ₹ 0
- Tier II / mo ₹ 0
- Annual Step-Up 5%
- Duration 0 years
- Returns (T1/T2) 10% / 10%
- Annuity % 40%
| Year | T1 Mo.(Start) | Contrib (T1) | Interest (T1) | End Bal (T1) | Contrib (T2) | Interest (T2) | End Bal (T2) | Total End Bal |
|---|
NPS Calculator Guide
Secure Your Retirement
GuidePlanning for your golden years? The National Pension System (NPS) is a government-backed voluntary contribution scheme designed to provide old-age income and reasonable market-based returns.
Use our NPS Calculator to estimate your retirement corpus and monthly pension. It combines both employee and employer contributions to show you the power of compounding over the long term.
The Formula
Corpus Calculation:
C = P × [ (1+r)n – 1 ] / r × (1+r)Example Scenario
Investment Scenario
₹5,000/mo (Emp+Employer)
25 Years @ 10% Return
Est. Maturity Corpus
≈ ₹65 Lakhs
Why Use This Tool?
- Plan Corpus: Set clear goals for a comfortable post-retirement life.
- Compare Tiers: Understand differences between Tier 1 (Mandatory) and Tier 2 accounts.
- Annuity Value: Calculate how much monthly pension you can expect.
Related Financial Tools
Frequently Asked Questions
No, it is voluntary for most citizens. However, it is mandatory for central and state government employees joining after specific cutoff dates.
Contributions are tax-deductible under Section 80C and 80CCD(1B). At maturity, 60% of the withdrawal is tax-free, while the annuity portion is taxable as income.
Tier 1 is the mandatory pension account with lock-in periods. Tier 2 is a flexible, voluntary savings account with no withdrawal restrictions.
Partial withdrawals (up to 25%) are allowed after 3 years for specific needs. Full withdrawal is allowed at age 60, where at least 40% must be used to buy an annuity.