How to use the NPS Calculator
- Enter your monthly NPS contribution and current age.
- Enter the expected return and annuity details.
- Press Calculate NPS to see corpus, lump sum and pension.
NPS Calculator formula
Corpus = Σ monthly contributions grown at (return ÷ 12) until age 60.
Lump sum = Corpus × (100 − annuity%) ÷ 100
Monthly pension = Annuity amount × annuity rate ÷ 12
Worked example
Age 30, ₹5,000 per month at 10% till 60: corpus ≈ ₹1.14 crore. With 40% annuity at 6%, monthly pension ≈ ₹22,793 and lump sum ≈ ₹68.4 lakh.
NPS withdrawal and annuity rules have been revised in recent years. Check the latest PFRDA rules before planning your exit.
Frequently asked questions
What is NPS?
The National Pension System is a government-regulated retirement scheme where you invest regularly in equity and debt funds and receive a corpus and pension at retirement.
How much of the NPS corpus can I withdraw at 60?
Under the general rule, up to 60% can be withdrawn as a lump sum and at least 40% must buy an annuity. Rules can change, so verify the current PFRDA guidelines.
Is NPS return guaranteed?
No. NPS returns depend on the market performance of your chosen funds.
What is an annuity?
An annuity is a plan bought from an insurance company that pays you a regular pension for life.
Is the NPS pension taxable?
The annuity pension is taxed as income. The lump-sum withdrawal is tax-free up to the limit allowed under current rules.