NPS Calculator — corpus, lump sum and monthly pension
Enter your monthly NPS contribution and the return you expect. See the corpus at 60, the lump sum you can take, and the pension the rest buys.
At retirement
- Take as lump sum₹91,17,30280%
- Buys your pension₹22,79,32520%
🎈 In today’s money at 6% inflation
Track your real investments: import your CAS statement once and Spendly shows every fund’s value and XIRR, kept up to date.
Track my investments →How it is calculated
Contributions grow like a monthly SIP at the return you assume until you are 60. NPS invests in equity, corporate bonds and government bonds in the mix you choose, so returns are not fixed — try a lower figure too.
At exit, a non-government subscriber can take up to 80% of the corpus as a tax-free lump sum and must buy an annuity — a pension — with at least 20% (PFRDA rules from December 2025; government subscribers have different limits). The pension is the annuity amount × the annuity rate, paid monthly and taxed as income.
Corpus = monthly × [((1 + i)ⁿ − 1) ÷ i] × (1 + i), i = return ÷ 12, n = months to 60 Lump sum = corpus × (1 − annuity share) Pension a month = corpus × annuity share × annuity rate ÷ 12
Questions
How much of my NPS can I withdraw at 60?
For non-government subscribers, up to 80% as a lump sum, with at least 20% used to buy an annuity. Small corpuses can often be taken in full — check PFRDA’s current rules for your amount.
Is the NPS lump sum taxable?
No, the lump sum at exit is tax-free. The pension from the annuity is taxed as income in the year you receive it.
What tax benefit does NPS give?
In the old regime, up to ₹50,000 more a year under 80CCD(1B) on top of 80C. In both regimes, your employer’s contribution (up to 14% of basic in the new regime) is deductible.
What return should I assume for NPS?
It depends on how much is in equity. Many people plan with 8–10% a year; returns are not guaranteed.
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