NPS Calculator

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NPS Calculator

NPS Calculator

National Pension System · Retirement Corpus · Pension Estimate
Inputs
Manual Entry On
yrs
yrs
₹
₹
₹
%
%
%
%
%
Results
Live
Total Invested
₹ 0
—
Total Corpus @ Retirement
₹ 0
Tier I + Tier II
Lump Sum Withdrawal
₹ 0
Non-Annuity Part
Annuity Corpus
₹ 0
Locked for Pension
Estimated Monthly Pension
₹ 0
Nominal Value
Real (Today’s Value): ₹ 0
Inflation-Adjusted Corpus
₹ 0
Total purchasing power of corpus in today’s money
  • Tier I / mo (Year 1) ₹ 0
  • Tier II / mo ₹ 0
  • Annual Step-Up 5%
  • Duration 0 years
  • Returns (T1/T2) 10% / 10%
  • Annuity % 40%
Figures are estimates. Actual returns vary.
Year T1 Mo.(Start) Contrib (T1) Interest (T1) End Bal (T1) Contrib (T2) Interest (T2) End Bal (T2) Total End Bal
NPS Calculator Guide

NPS Calculator Guide

Estimate NPS corpus and monthly pension at retirement

Secure Your Retirement

Guide

Planning 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)
C: Total Corpus
P: Monthly Contribution (Total)
r: Monthly Return Rate
n: Number of Months

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

PF & Gratuity

Employee Benefits

Income Tax

Tax Planning

SIP Calculator

Mutual Funds

Frequently Asked Questions

Q1: Is NPS mandatory?

No, it is voluntary for most citizens. However, it is mandatory for central and state government employees joining after specific cutoff dates.

Q2: Is NPS taxable?

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.

Q3: What is Tier 1 vs Tier 2?

Tier 1 is the mandatory pension account with lock-in periods. Tier 2 is a flexible, voluntary savings account with no withdrawal restrictions.

Q4: When can I withdraw NPS?

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.

Authority Sources: PFRDA • NSDL (Protean)