NPS (National Pension System) Calculator
Calculate your retirement corpus and estimated monthly pension.
Equity (E) usually delivers 12-14%, while G/C (Debt) delivers 7-8%.
Pension Rule
Age 60 Withdrawal: 60% is Tax-Free Lumpsum. 40% MUST be invested in Annuity for monthly pension.
Total Wealth at Age 60
₹2,27,93,253
Over 30 Years of Saving
Max Lumpsum (60%)
₹1,36,75,952
Est. Monthly Pension
₹45,587
Total Investment
₹36,00,000
Wealth Gains
₹1,91,93,253
DISCLAIMER: These calculations are for illustrative purposes only and do not constitute professional financial advice. Actual returns or terms may vary based on market conditions or institution policies.
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Using the National Pension System (NPS) Calculator
Our online NPS calculator for India helps you estimate the pension and lumpsum amount you'll receive at age 60. NPS is a market-linked retirement scheme that offers exclusive tax benefits for Indian citizens.
Key Features
- •Estimates future pension corpus based on monthly contributions
- •Calculates the impact of annual salary/contribution hikes
- •Supports different asset allocation scenarios (Equity, Bonds, Gilts)
- •Includes exclusive tax benefit calculations (under Sec 80CCD)
- •Shows the expected monthly pension from the 40% annuity portion
- •Instant wealth projection over your working life
How to calculate National Pension System (NPS) Calculator
Step-by-step Guide & Informational Intent
- 1.Enter your current 'Monthly Investment' or 'Monthly Salary'.
- 2.Input your current age and the desired retirement age (standard 60).
- 3.Select your expected annual rate of return from NPS investments.
- 4.Input the percentage of corpus you wish to convert into an annuity (min 40%).
- 5.View the total wealth accumulated, tax savings, and monthly pension.
How the Calculation Works
The NPS calculator uses compound interest based on the chosen asset class returns. It assumes that at retirement, at least 40% of the corpus is invested in an annuity plan, which then provides a monthly pension.
Important Assumptions
- • Monthly compounding of returns
- • Contributions made regularly without breaks
- • Annuity rates are based on current market averages
- • Tax-free withdrawal of up to 60% of the corpus at age 60
NPS Retirement Scenarios
Created by MyIndianCalculator Team
Developed by a multidisciplinary team of financial analysts, medical professionals, and data engineers. Our algorithms are rigorously calibrated against official Indian standards (RBI, SEBI, ICMR, WHO) to ensure precision for your financial planning and health monitoring needs.
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National Pension System (NPS) Calculator FAQs
Our online NPS calculator for India helps you estimate the pension and lumpsum amount you'll receive at age 60. NPS is a market-linked retirement scheme that offers exclusive tax benefits for Indian citizens.