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NPS Calculator India 2026

Calculate your National Pension System corpus, monthly pension, and tax savings under Section 80CCD. Plan your retirement with India's government-backed pension scheme.

₹1.13Cr
Total Corpus
₹22.6K
Monthly Pension
₹67.8L
Lump Sum (60%)
₹15.0K
Tax Saved/Year

NPS Investment Details

years
18 years60 years
years
31 years70 years

5 Thousand

Minimum ₹500/month for Tier I

%
6%14%
%
4%8%

Monthly contribution by employer (Govt/Corp)

NPS Tax Benefits

80CCD(1) - Up to ₹1.5LPart of 80C
80CCD(1B) - Extra ₹50K₹15,000/yr
80CCD(2) - EmployerNo limit
60% Lump SumTax-Free

Corpus Breakdown

Your Contribution
Returns Earned

Withdrawal Split at 60

Lump Sum (60%)
Annuity (40%)

Corpus Growth Over Time

Investment Period
30 years
Total Invested
₹18.0L
Returns Earned
₹95.0L
Wealth Multiplier
6.3x

Your Retirement Benefits

💰
Lump Sum Withdrawal
₹67.8L

60% of corpus can be withdrawn tax-free at retirement

📅
Monthly Pension
₹22,605

From 40% annuity at 6% rate (taxable)

Frequently Asked Questions

What is NPS and who can invest?
NPS (National Pension System) is a government-backed retirement savings scheme. Any Indian citizen aged 18-70 can invest. It offers market-linked returns with tax benefits under Section 80CCD.
What are the tax benefits of NPS?
NPS offers triple tax benefits: (1) 80CCD(1) - up to 10% of salary within ₹1.5L limit, (2) 80CCD(1B) - additional ₹50,000 deduction, (3) 80CCD(2) - employer contribution up to 10% of basic (no limit). At maturity, 60% lump sum is tax-free.
What is the minimum contribution in NPS?
Minimum contribution is ₹500/month or ₹6,000/year for Tier I account. Tier II has no minimum. You can contribute more whenever convenient.
Can I withdraw before 60?
Partial withdrawal (up to 25%) is allowed after 3 years for specific purposes like education, marriage, illness, or house purchase. Early exit (before 60) requires 80% annuity purchase.
What returns can I expect from NPS?
NPS returns are market-linked and vary based on asset allocation. Historically, equity funds have given 9-12% returns, while government securities give 8-9%. Corporate bonds offer 9-10%.
What happens to NPS at retirement?
At 60, you can withdraw 60% tax-free as lump sum. Remaining 40% must be used to buy an annuity plan that provides monthly pension. The pension is taxable at your slab rate.

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