NPS Calculator
Calculate your National Pension System (NPS) corpus, lump sum withdrawal & monthly pension instantly.
NPS Calculator
Total Corpus at Age 60
₹0
Lump Sum Amount
₹0
Monthly Pension
₹0
How NPS Corpus is Calculated
The National Pension System (NPS) is a government-sponsored retirement savings scheme. You contribute regularly during your working years, and the money is invested in market-linked instruments (Equity, Corporate Bonds, Government Securities). At retirement (age 60), the accumulated corpus is used to withdraw a lump sum (max 60%) and buy an annuity (min 40%) for a regular monthly pension.
NPS Calculation Formula
Corpus = P × [((1 + i)^n - 1) / i] × (1 + i)
Pension = Annuity Value × (Annuity Rate / 12 / 100)
- P = Monthly Contribution
- i = Monthly Interest Rate (Annual Return / 12 / 100)
- n = Total Months till Age 60
Example Calculation
For a 25-year-old investing ₹5,000/month at 10% p.a., with 40% Annuity at 6% annuity rate:
• Total Invested: ₹21,00,000 (₹5,000 × 420 months)
• Investment Period: 35 Years (60 - 25)
→ Total Corpus: ₹1.89 Crore (approx.)
→ Lump Sum (60%): ₹1.13 Crore
→ Monthly Pension: ₹37,718
Tax Benefits of NPS
Deduction up to ₹1.5 Lakh (within overall 80C limit)
Extra deduction of ₹50,000 (Over & above 80C)
Employer NPS contribution up to 10% of Basic Salary (Tax Free)