NPS Calculator (India)
Estimate your National Pension System corpus, the lump sum you can take at exit, and the monthly pension from the annuity. The calculator follows the revised exit rules for non-government subscribers.
Year-wise NPS growth
How to use this NPS calculator
- Enter your age now and the age at exit (60 is the normal age).
- Enter your monthly contribution and how much you expect to increase it every year.
- Set the expected return. A long-term equity-heavy NPS portfolio has historically earned about 9 to 12% a year, but nothing is guaranteed.
- Choose the lump sum percentage and an annuity rate. The calculator shows the corpus, the lump sum and an estimated monthly pension.
NPS exit rules for non-government subscribers
PFRDA revised the exit rules in December 2025. For non-government subscribers exiting at 60 or later:
- If the corpus is above ₹12 lakh, you can take up to 80% as a lump sum, and at least 20% must buy an annuity. The earlier requirement was 40%.
- If the corpus is ₹8 lakh or less, you can take the whole amount as a lump sum.
- If it is between ₹8 lakh and ₹12 lakh, the lump sum is capped at ₹6 lakh and the balance goes to an annuity or systematic withdrawals.
- Exiting before 60 is a premature exit: generally up to 20% lump sum and at least 80% annuity when the corpus is above ₹5 lakh.
Government employees follow a different rule, generally a 60% lump sum and 40% annuity. The calculator is built for non-government subscribers.
Example
A 30-year-old invests ₹10,000 a month, raises the contribution by 5% every year, earns 10% and exits at 60. The corpus comes to about ₹3.59 crore from total contributions of about ₹79.7 lakh. With an 80% lump sum, that is about ₹2.87 crore in cash and ₹71.9 lakh used for an annuity. At a 6% annuity rate, this gives a pension of roughly ₹35,900 a month.
Tax benefits of NPS
- Section 80CCD(1): your contribution counts within the ₹1.5 lakh Section 80C limit in the old regime.
- Section 80CCD(1B): an extra deduction of up to ₹50,000 in the old regime.
- Section 80CCD(2): employer contributions are deductible up to 14% of basic plus DA in the new regime and 10% in the old regime for private-sector employees. This is the main NPS benefit in the new regime.
- At exit: the pension from the annuity is taxed at your slab rate. The tax on the lump sum depends on the current rules, so check how the portion above 60% is treated before you plan.
Tips
- Start early. The first 10 years of contributions do much of the compounding in the final corpus.
- Check the asset allocation and fund manager charges. They affect long-term returns.
- Compare NPS with mutual funds and PPF. The PPF calculator and step-up SIP calculator help you see the alternatives.
Limitations
The annuity rate and monthly pension are estimates. Actual annuity rates depend on the insurer and the plan you choose. The calculator assumes a constant return, contributions at the start of every month, and the exit rules described above. It does not calculate tax on the lump sum or pension.
Frequently asked questions
How much of NPS can I withdraw at 60?
Non-government subscribers with a corpus above ₹12 lakh can withdraw up to 80% as a lump sum, with at least 20% going to an annuity, under the December 2025 rules.
Is NPS better than PPF?
They serve different goals. NPS can be equity-linked and has higher return potential with market risk and an annuity requirement, while PPF gives government-backed, tax-free, fixed returns.
Can I withdraw from NPS before 60?
Yes, as a premature exit, but only a small lump sum is allowed and most of the corpus must go into an annuity. Partial withdrawals for specific needs are also allowed under the rules.
What is the NPS employer contribution benefit?
Employer contributions are deductible under Section 80CCD(2) up to 14% of basic plus DA in the new regime, and 10% in the old regime for private employees.
How is the NPS pension calculated?
It depends on the amount used to buy the annuity and the annuity rate offered by the insurer. This calculator multiplies the annuity amount by the rate you enter and divides by 12.
Last updated: 13 November 2026. This calculator is for education and estimation only and is not tax, legal or financial advice. Rules and interest rates change; verify the current position with the official source or a qualified professional before making decisions.