NPS Calculator
National Pension Scheme corpus and monthly annuity projection
Monthly Contribution₹5,000
₹500₹1,00,000
Current Age30 years
1859
Expected Return10% p.a.
6%15%
Annuity Rate6% p.a.
4%10%
Total NPS Corpus at 60
₹1.13Cr
Investing ₹5,000/month from age 30
₹18L
Total Invested
₹95L
Returns Earned
₹45.2L
Lump Sum (40%)
₹3,384/mo
Monthly Pension
⚠ Disclaimer: NPS returns are market-linked and not guaranteed. Annuity rates vary by provider. This is an estimate only. Please consult a financial advisor.
What is NPS?
The National Pension System (NPS) is a government-backed voluntary retirement savings scheme in India. Regulated by PFRDA, it offers market-linked returns with tax benefits, making it one of the best long-term retirement planning tools.
NPS Key Features
- Minimum age: 18 years
- Retirement age: 60 years
- At maturity: 60% as lump sum (tax-free), 40% must be used to buy annuity
- Tax benefits: Up to ₹2L under Section 80CCD(1) + ₹50K additional under 80CCD(1B)
- Minimum contribution: ₹500/month for Tier 1
FAQs
What is the difference between NPS Tier 1 and Tier 2?
Tier 1 is the mandatory pension account with lock-in till age 60. Tier 2 is a voluntary savings account with no lock-in but no additional tax benefits.
Can I withdraw from NPS before 60?
Partial withdrawal up to 25% is allowed after 3 years for specific purposes like education, medical emergency, or home purchase.