Result
Total corpus at retirement
₹11,396,627
- Total contributed₹1,800,000
- Wealth gained₹9,596,627
- Tax-free lump sum (60%)Withdrawal at retirement — fully tax-exempt₹6,837,976
- Annuity corpus (40%)Mandatory purchase of pension annuity₹4,558,651
- Estimated monthly pensionAssuming 6% annuity rate₹22,793
How to use this calculator
- Enter your monthly NPS contribution (Tier-1 account).
- Enter current age + planned retirement age.
- Enter expected annual return based on your fund mix (aggressive/moderate/conservative).
- Read the retirement corpus, lump sum, and estimated monthly pension.
About this tool
NPS (National Pension Scheme) is India's market-linked retirement scheme regulated by PFRDA. Employees choose their asset mix (Equity / Corporate Bond / Gilt / Alternative) and the corpus grows tax-free. At retirement (default age 60), 60% can be withdrawn as tax-free lump sum, and 40% must be used to buy an annuity providing monthly pension for life. NPS offers unique tax benefit: an additional ₹50,000 deduction under Section 80CCD(1B), over and above the ₹1.5L 80C limit.
Frequently asked
₹50,000 additional deduction under Section 80CCD(1B) — over and above the ₹1.5L Section 80C limit. Employer contribution (up to 10% of salary) qualifies under Section 80CCD(2) with no cap. Highest tax-efficient retirement scheme in India.
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