NPS Calculator
Estimate your National Pension System retirement corpus, lump-sum payout, and monthly pension under Section 80CCD.
Contribution Parameters
Investment Duration
30 Years
360 monthly contributions
Tax Deduction — Up to ₹2 Lakh/Year
NPS offers ₹1.5L under Sec 80C + additional ₹50,000 exclusively under Sec 80CCD(1B). The 60% lump sum at retirement is fully tax-free.
Total Invested
₹18,00,000
Total Growth
₹95,96,627
Retirement Corpus
₹1,13,96,627
Monthly Pension
₹22,793
Corpus Split at Retirement
Investment vs Returns
Estimated Monthly Pension
₹22,793
Based on 6% annuity rate on ₹45,58,651 annuity corpus
How NPS Compounding Works
NPS invests across Equity (E), Corporate Bonds (C), and Government Securities (G) based on your chosen allocation. The auto-choice lifecycle fund automatically reduces equity exposure as you age. Over 30+ years, even a moderate 10% return can multiply your corpus 10× or more.
Frequently Asked Questions
What is NPS (National Pension System)?
NPS is a government-sponsored retirement savings scheme open to all Indian citizens. It invests in a mix of equity, corporate bonds, and government securities. On retirement, you can withdraw 60% as lump sum (tax-free) and must use 40% to buy an annuity for monthly pension.
How is NPS corpus calculated?
Your monthly contributions are compounded at your expected return rate until retirement age. The total corpus is split: 60% lump sum + 40% annuity corpus. The monthly pension is estimated from the annuity corpus at the annuity rate you select.
What tax benefits does NPS offer?
NPS offers up to ₹1.5 lakh deduction under Sec 80C and an additional ₹50,000 under Sec 80CCD(1B) — a total of ₹2 lakh in tax deductions per year, making it one of the most tax-efficient retirement products in India.
Can I withdraw from NPS before retirement?
Partial withdrawal is allowed after 3 years for specific purposes (medical, education, home purchase). Full withdrawal before age 60 requires using 80% of corpus for annuity purchase. Normal exit at age 60 allows 60% lump sum + 40% annuity.