Estimate your National Pension System corpus at retirement, and the lump sum plus monthly pension you could receive.
Actual NPS returns depend on the market performance of your chosen asset allocation, and actual annuity rates depend on the provider and prevailing rates at retirement — both are assumptions here for long-term planning purposes.
At retirement (age 60), you can withdraw up to 60% of your accumulated NPS corpus as a tax-free lump sum. The remaining at least 40% must be used to purchase an annuity, which provides your regular pension income.
No. The annuity rate depends on the annuity service provider and prevailing rates at the time you retire — this calculator uses an assumed rate for projection purposes, which may differ from actual rates available when you retire.
NPS contributions qualify for deduction under Section 80CCD(1) (within the overall 80C limit of ₹1.5 lakh) plus an additional ₹50,000 under Section 80CCD(1B), making NPS one of the more tax-efficient retirement options in India.
Yes, NPS lets you choose an asset allocation across equity, corporate bonds, and government securities, with options to actively manage this mix or use an automatic age-based allocation that becomes more conservative as you approach retirement.
This depends on the specific annuity option you choose at retirement — some provide a return of purchase price to a nominee, others continue paying a reduced pension to a spouse. Review annuity options carefully before retirement.
The National Pension System is a government-backed, market-linked retirement savings scheme that combines tax benefits with the potential for higher returns than traditional fixed-income options, while building toward a regular pension after retirement.
Use this calculator to see how your current age, monthly contribution, and the proportion of your corpus allocated to an annuity affect your eventual lump sum and monthly pension. Pair it with our Retirement Calculator for a broader view of your total retirement readiness across all your savings.
