National Pension Scheme (NPS) Calculator – Calculate Retirement Corpus & Monthly Pension
Calculate NPS maturity corpus, 60% tax-free lumpsum withdrawal, lifelong monthly pension annuity, and Section 80CCD(1B) ₹50k tax savings schedule.
Age-by-Age NPS Wealth Accumulation Schedule
| Age | Annual Contribution | Total Invested | Interest Gained | NPS Balance |
|---|
How to Use this Calculator & Formula Breakdown
Step 1: Input Financial Parameters
Enter monthly NPS contribution and current/retirement age.
Step 2: Instant Client-Side Computation
Set expected CAGR % and mandatory annuity reinvestment percentage (40% to 100%).
Step 3: Analyze Visual Breakdown & Amortization
Explore live interactive Chart.js donut chart, monthly lifelong pension, and full accumulation schedule table.
Mathematical Algorithm & Formula
Frequently Asked Questions (FAQs)
What is the National Pension System (NPS)?
NPS is a voluntary, government-backed retirement pension scheme regulated by PFRDA that offers attractive market-linked returns across equity (E), corporate debt (C), and government bonds (G).
What are the tax benefits of investing in NPS?
Under Section 80CCD(1B), investors get an exclusive additional tax deduction of ₹50,000 over and above the ₹1.5 Lakh limit under Section 80C.
What happens to the NPS corpus at age 60?
At age 60, up to 60% of the accumulated corpus can be withdrawn as 100% tax-free lumpsum, while the remaining 40% (minimum) must be used to purchase an annuity for lifelong monthly pension.
What expected return does NPS generate in India?
Historical NPS returns range between 10% and 13% CAGR for active equity choice portfolios, and 8% to 10% for conservative government debt allocations.
Can you exit or withdraw from NPS before age 60?
Partial withdrawals up to 25% of self-contributions are allowed after 3 years for specific purposes like higher education, marriage, or medical emergencies.
Who is eligible to open an NPS account?
Any Indian citizen (resident or non-resident) aged between 18 and 70 years can open an NPS Tier-1 and Tier-2 account online.
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