NPS Calculator
Estimate your National Pension System retirement corpus from a monthly contribution, and see an illustrative split between lump sum and pension.
How this estimate works
The contribution phase is projected the same way as a SIP — monthly contributions compounding at your expected annual return. At retirement, the corpus is illustratively split 60/40 between lump sum and annuity (the actual minimum annuity requirement is 40%; you can choose to annuitize more). The monthly pension is a simple estimate of the annuity corpus earning your assumed annuity rate, paid out monthly — real annuity products calculate payouts differently based on the insurer's tables.
Important note
This calculator gives an estimate for planning purposes using standard formulas and the rate you enter. Actual returns depend on market performance (for market-linked options), the scheme's official compounding rules, and rates that change over time — this is not a guarantee of returns and not financial advice. Check current official rates before relying on any figure here.
Frequently asked questions
How much of my NPS corpus can I withdraw as a lump sum?
By current rules, up to 60% of the accumulated corpus can typically be withdrawn as a lump sum at retirement (tax-free under current rules), while at least 40% must be used to purchase an annuity for regular pension income.
What is an annuity in NPS?
An annuity is a financial product purchased with part of your NPS corpus that pays you a regular pension for life (or a chosen period) — the exact monthly amount depends on the insurer's annuity rate and product type chosen at retirement, not just the corpus size.
Is the NPS return guaranteed?
No — NPS returns are market-linked (invested across equity, corporate bonds, and government securities depending on your chosen allocation), so actual returns vary with market performance and aren't guaranteed like a fixed deposit.
At what age can I withdraw from NPS?
NPS is designed as a retirement scheme with normal exit at age 60, though partial withdrawals are allowed earlier under specific conditions and limits — this calculator assumes a full contribution period until your chosen retirement age.