NPS Calculator
See what your monthly NPS contribution builds by age 60 — and the monthly pension it can buy.
Corpus at age 60
₹1.14 Cr
- Total contribution
- ₹18 L
- Growth
- ₹95.97 L
- Lumpsum withdrawal
- ₹68.38 L
- Annuity corpus
- ₹45.59 L
- Monthly pension
- ₹22,793
NPS rules require at least 40% of the corpus to buy an annuity at exit. Returns depend on your equity/debt allocation.
About this calculator
How it works
Contributions compound monthly until 60. At exit, at least 40% of the corpus must buy an annuity that pays your pension; the rest is a tax-free lumpsum.
Expected returns
NPS lets you split between equity (E), corporate bonds (C), and government securities (G). Aggressive allocations have historically returned 9–12%; conservative ones 7–9%.
Tax benefits
NPS offers an extra ₹50,000 deduction under Section 80CCD(1B) over and above the ₹1.5 lakh 80C limit — one of the few ways salaried earners can extend their tax shelter.
Pension vs inflation
Annuity payouts are usually flat, so a pension that looks comfortable at 60 buys much less at 80. Pair NPS with growth assets that keep compounding after retirement.