NPS Calculator India – Estimate Your Retirement Corpus & Pension
Use our NPS / National Pension System calculator to estimate your retirement corpus, monthly pension, lump sum withdrawal, and required contributions. Free, easy, India-specific.
NPS Calculator (National Pension System)
Planning your retirement? Use our **NPS calculator** to estimate your future corpus, monthly pension, and lump-sum withdrawal under the National Pension System in India. This tool helps you design your contribution plan based on your current age, expected returns, and annuity preferences.
What is NPS & How It Works
The National Pension System (NPS) is a voluntary retirement savings scheme offered in India, regulated by PFRDA (Pension Fund Regulatory and Development Authority). Under NPS, you contribute regularly during your working life; at retirement (or exit), part of your accumulated corpus can be withdrawn as lump sum, and the rest must be used to purchase an annuity to generate monthly pension.
NPS offers flexibility in fund allocation (equity, debt) and tax benefits under Sections 80CCD. However, annuity rules and rates affect your pension outcome.
How the NPS Calculator Works
To estimate your retirement benefits, this calculator uses standard financial formulas and scheme rules. Here are the key inputs:
- Current age (your starting point)
- Monthly or annual contribution into NPS
- Expected annual rate of return during accumulation phase
- Percentage of corpus to be used for annuity / pension at exit (typically min 40%)
- Expected rate of return on annuity (converted to monthly pension)
- Retirement age / period of contribution
The calculator computes:
- Total accumulation / corpus at retirement
- Withdrawable lump sum amount (usually up to 60%)
- Corpus used for pension (remaining portion)
- Estimated monthly pension (based on annuity rate)
How to Use Step-by-Step
- Enter your current age (e.g. 30)
- Enter how much you plan to invest monthly / annually
- Choose your expected annual return (e.g. 8%, 10%)
- Decide what percentage of corpus to convert to pension (e.g. 40%)
- Enter expected annuity return rate (e.g. 6%)
- Click “Calculate” to view results — corpus, lump sum, monthly pension
Example Scenarios
Example 1: You are 30 years old, plan to contribute ₹5,000/month in NPS until age 60 (30 years). Assume 8% annual return, you choose 40% corpus for annuity at 6%. The result might be:
- Total corpus at retirement: ~ ₹1.05 crores
- Lump-sum withdrawal (60%): ~ ₹63 lakhs
- Corpus for annuity (40%): ~ ₹42 lakhs
- Estimated monthly pension: ~ ₹21,000
Example 2: You are 35, invest ₹7,000/month for 25 years, expect 9% return, annuity portion 50%, annuity rate 6%. Results will vary accordingly.
Benefits, Risks & Caveats of NPS
Benefits
- Potential for higher returns (due to market exposure) compared to fixed-income plans
- Flexibility to choose fund allocation (equity / debt mix)
- Tax benefits under 80CCD (employee + additional 80CCD(1B))
- Disciplined long-term retirement savings
Risks & Caveats
- Returns are market-linked; past performance is not guaranteed
- Annuity rates at exit influence your monthly pension and may vary
- You can withdraw only part of the corpus as lump sum (up to ~60%)
- Rules, charges, taxation, scheme parameters may change over time
Frequently Asked Questions (FAQs)
Who can subscribe to NPS?
Indian citizens (including NRIs) between ages 18 and 60 can open an NPS account. Some variants allow exit up to 70. (Check PFRDA official rules.)
What is the minimum contribution in NPS?
Different pension fund / POPs may have minimums (e.g. ₹1,000 per year or ₹500 per month), depending on scheme rules.
How much corpus is needed to get ₹50,000 pension per month?
You can feed ₹50,000 as your target monthly pension into the calculator (reverse mode) and see required corpus & contributions. Adjust inputs like age or rate of return accordingly.
Can I change my contribution later?
Yes, you can increase, decrease, or pause contributions (subject to scheme rules). But changes affect final corpus and pension estimate.
Is this calculator result guaranteed?
No—the output is an estimate based on assumptions. Real returns, annuity rates, rules may change. Use as guidance, not financial advice.
Related Tools & Articles
Who can subscribe to NPS?
Indian citizens (including NRIs) between ages 18 and 60 can open an NPS account. Some variants allow exit up to 70. (Check PFRDA official rules.)
What is the minimum contribution in NPS?
Different pension fund / POPs may have minimums (e.g. ₹1,000 per year or ₹500 per month), depending on scheme rules.
How much corpus is needed to get ₹50,000 pension per month?
You can feed ₹50,000 as your target monthly pension into the calculator (reverse mode) and see required corpus & contributions. Adjust inputs like age or rate of return accordingly.
Can I change my contribution later?
Yes, you can increase, decrease, or pause contributions (subject to scheme rules). But changes affect final corpus and pension estimate.
Is this calculator result guaranteed?
No—the output is an estimate based on assumptions. Real returns, annuity rates, rules may change. Use as guidance, not financial advice.
Disclaimer: This NPS calculator is for illustrative and informational purposes only. It provides estimates based on your inputs and assumptions, and does not guarantee future returns or pension. Please refer to official NPS / PFRDA documents or consult a financial advisor before making decisions.