NPS Calculator
Estimate your National Pension System corpus, tax-free lump sum, and illustrative monthly pension. Free.
NPS returns are market-linked and never guaranteed — the return and annuity rate above are illustrative assumptions you control, not promised figures. Actual pension depends on the annuity plan chosen at retirement.
NPS Calculator
An NPS (National Pension System) calculator projects your retirement corpus from regular contributions invested in a market-linked mix of equity and debt, and estimates the mandatory annuity purchase plus tax-free lump sum at retirement.
Corpus grows via the standard SIP-style compounding of contributions at an assumed blended return; at retirement, at least 40% of the corpus must go toward an annuity (providing pension income) and up to 60% can be withdrawn as a lump sum.
Input: ₹10,000/month contribution, 25 years to retirement, 10% assumed blended return
Result: Projected corpus, split into the mandatory annuity portion and the tax-free lump sum you can withdraw
Is the NPS lump sum withdrawal tax-free?
Yes — up to 60% of the corpus withdrawn as a lump sum at retirement is tax-exempt; the remaining amount used to buy an annuity is not taxed at purchase, but the pension income from it is taxable.
How is NPS different from EPF?
EPF returns are declared annually by EPFO and are relatively stable; NPS returns are market-linked (you choose the equity/debt mix) and can be higher but more volatile.
NPS Calculator: how it works
An NPS calculator projects the retirement corpus from regular contributions, then splits it into the lump sum you may withdraw and the annuity that funds a monthly pension.
Formula
Corpus grows as a monthly SIP; at maturity at least 40% must buy an annuity, and pension = annuity corpus × annuity rate ÷ 12.