NPS calculator
Retirement corpus, lump sum and monthly pension
Worked example
Using the default values, nps calculator gives a corpus at retirement of ₹2,27,93,253.
| Item | Value |
|---|---|
| Monthly contribution | ₹10,000 |
| Contributing for | 30 years |
| Assumed return | 10.0% a year |
| Total invested | ₹36,00,000 |
| Corpus | ₹2,27,93,253 |
| Annuity purchase — 40% | ₹91,17,301 |
| Tax-free lump sum | ₹1,36,75,952 |
| Monthly pension | ₹45,587 |
| Yearly pension | ₹5,47,038 |
What you need
- Monthly contribution
- Your age now
- Retire at
- Expected return
- Share used to buy annuity
- Annuity rate
Questions
How much of NPS can I withdraw at 60?
Up to 60% as a tax-free lump sum. The remaining 40% must buy an annuity, which pays a monthly pension taxable at your slab.
Is NPS worth it in the new regime?
The 80CCD(1B) extra deduction is old regime only, but the employer contribution under 80CCD(2) is deductible in the new regime as well — up to 14% of salary. For salaried people that is often the strongest remaining tax break.
Important
At least 40% of the corpus must buy an annuity; the rest can be withdrawn tax-free. The whole corpus may be withdrawn if it is ₹5 lakh or less. Contributions qualify under 80CCD(1) within the ₹1.5 lakh 80C ceiling, with an extra ₹50,000 under 80CCD(1B), both old regime only — but the employer contribution under 80CCD(2) is allowed in the new regime too. Returns are market-linked, so the figure above is arithmetic on your assumption, not a projection. Pension received is taxable at your slab.