NPS Calculator
Estimate the retirement corpus your National Pension System contributions could build by age 60, plus your tax-free lump sum and the monthly pension your annuity could pay.
30 years of contributions until age 60
₹5K
Rate the pension provider pays after 60
Minimum 40% must be annuitised as per PFRDA rules
Total invested
₹18,00,000
Corpus at 60
₹1,13,96,627
Monthly pension
₹22,793
per month at 60
At 60, your corpus splits into
₹68,37,976
tax-free lump sum (60%)
₹45,58,651
annuity corpus (40%)
Corpus growth over time
How your total contributions and NPS corpus grow year by year until 60 — the gap between the two lines is the power of long-term compounding.
NPS formula
Corpus = P × [((1+i)ⁿ − 1) / i] × (1+i)
P = monthly contribution, i = monthly return (annual ÷ 12 ÷ 100), n = months to age 60. Contributions grow monthly. At 60, monthly pension = annuity corpus × annuity return ÷ 12.
Your numbers
- P = ₹5,000 / month
- n = 360 months at 10% p.a. (age 30 → 60)
- → Corpus at 60 = ₹1,13,96,627
- → 40% annuity at 6% = ₹22,793 / month
How the NPS calculator works
The National Pension System (NPS) is a government-backed, market-linked retirement scheme regulated by the PFRDA. You contribute a fixed amount every month into a mix of equity, corporate bonds and government securities, and the money compounds until you reach the retirement age of 60. This calculator invests each contribution at the start of the month and grows the balance monthly, so contributions you make earlier keep compounding the longest.
At 60 you can withdraw up to 60% of the corpus as a tax-free lump sum, while a minimum of 40% must be used to buy an annuity that pays you a regular monthly pension for life. Move the annuity slider to see how a larger annuity portion trades a smaller lump sum for a bigger pension. Returns on both the corpus and the annuity are estimates, not guarantees — actual NPS and annuity returns vary with the market and the annuity product you choose.
Frequently Asked Questions
Related Finance Calculators
EMI Calculator
Calculate loan EMI, interest & prepayment savings.
SIP Calculator
Estimate mutual fund SIP returns & step-up growth.
New vs Old Tax Regime
Compare income tax under both regimes & save more.
In-Hand Salary Calculator
Find your monthly take-home salary from CTC.
GST Calculator
Add or remove GST with CGST & SGST split.
HRA Exemption Calculator
Calculate your tax-exempt house rent allowance.
FD Calculator
Calculate fixed deposit maturity & interest earned.
RD Calculator
Recurring deposit maturity value & interest, quarterly.
PPF Calculator
Project PPF maturity & tax-free interest at 7.1%.