National Pension System is a long-term retirement scheme regulated by PFRDA. Contributions invest in equity, corporate debt and government bonds based on chosen allocation.

How is NPS pension calculated?

At 60, at least 40% of corpus must buy an annuity — that annuity × annuity rate ÷ 12 = monthly pension. The remaining 60% can be withdrawn tax-free.

What are NPS tax benefits?

Up to ₹2 lakh deduction available — ₹1.5L under 80C and an extra ₹50,000 under 80CCD(1B). Employer contribution up to 10% of salary is also deductible under 80CCD(2).

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NPS Calculator

Plan your National Pension Scheme retirement income.

Reviewed by Nisha SLast verified 6 Sept 2026RBI-compliantFact-check policy

Monthly Contribution₹5,000

₹500₹1.5L

Expected Return %10%

6%15%

Years till retirement30 yrs

140

Annuity Rate %6%

4%10%

Annuity %40%

40%100%

Total Corpus₹1,13,96,627

Lumpsum (tax-free)₹68,37,976

Annuity Corpus₹45,58,651

Monthly Pension₹22,793

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About this calculator

NPS is a long-term retirement scheme. At 60, at least 40% of corpus must buy an annuity for lifetime pension; rest is tax-free lumpsum.

Formula

Corpus via SIP formula; min 40% goes to annuity for monthly pension.

Frequently Asked Questions

Everything you need to know about the NPS Calculator.

Results are illustrative estimates for planning. Actual figures depend on bank/AMC terms, taxes and market conditions.