NPS Corpus Calculator

Calculate your NPS corpus at retirement and estimated monthly pension. Factor in equity/debt allocation, returns, and annuity rates for NPS Tier I planning.

NPS Corpus Calculator

Calculate NPS corpus, lump sum, and estimated monthly pension

Current age 30 yrs
yrs
Monthly NPS contribution Rs 5,000
Rs
Expected return 10%
%
Current NPS balance Rs 0
Rs
Annuity rate 6%
%
Annuity % (min 40%) 40%
%
Total NPS corpus
---
at age 60
Lump sum withdrawal
---
tax-free
Monthly pension
---
from annuity
Years to retirement---
Total contributions---
Annuity corpus (40%+)---
Lump sum (tax-free)---
Monthly pension estimate---

NPS returns are market-linked and not guaranteed. Annuity rates vary by insurer and age. Consult a financial advisor.

NPS corpus growth to age 60
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ThriftRupee Insight

NPS is tax-efficient but misunderstood. The 80CCD(1B) deduction gives extra Rs 50,000 deduction beyond the 80C limit -- worth Rs 15,600 annual tax saving for 30% bracket. The catch: 40% of corpus must be used to buy an annuity (pension), which currently yields 5-6% -- quite low. Active choice with 75% equity (E class) for under-50s often outperforms. NPS is best used alongside -- not instead of -- equity mutual funds.

NPS Corpus Calculator India 2026

Plan your National Pension System (NPS) Tier I investment. Calculate total corpus at 60, tax-free lump sum withdrawal amount, and estimated monthly pension from annuity purchase.

Frequently asked questions

How does NPS work at retirement?▼
At 60, you can withdraw 60% of NPS corpus as a lump sum (tax-free). The remaining 40% must be used to purchase an annuity from an PFRDA-registered insurer, which pays monthly pension for life. Annuity rates are currently 5-6% per year. You can defer withdrawal up to age 75. Partial premature exit is allowed after 3 years for specific purposes.
NPS vs PPF vs mutual funds -- which is better?▼
NPS: Best for tax savings (extra 50,000 deduction), market-linked returns, but 40% locked in annuity. PPF: Safe, tax-free, 15-year lock-in, 7.1% guaranteed (2024). Equity mutual funds: Highest long-term returns (12-15% CAGR) but no guaranteed corpus. Ideal approach: Max out NPS for tax benefit, add mutual fund SIPs for flexibility and higher equity exposure.
What is the NPS active vs auto choice?▼
Active choice: You decide equity (E), corporate bonds (C), and government securities (G) allocation. Max equity 75% up to age 50, then it reduces by 2.5% each year. Auto choice: PFRDA automatically reduces equity as you age (Moderate, Aggressive, or Conservative lifecycle funds). For young investors, active choice with maximum equity usually outperforms.

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