Calculate your National Pension System (NPS) maturity corpus at age 60, the 60% tax-free lump-sum withdrawal, 40% mandatory annuity allocation, and estimated lifelong monthly pension.
Regulated by the PFRDA, the National Pension System (NPS) combines low fund management fees (<0.09%) with equity market compounding. At age 60, subscribers can withdraw up to 60% of their accumulated corpus completely tax-free, with the remaining 40% invested into an annuity plan to secure a guaranteed lifelong monthly pension.
Exclusive tax deductions: Up to ₹1.5 Lakh under Section 80CCD(1) within the 80C umbrella + an additional ₹50,000 under Section 80CCD(1B) under the Old Regime. Employer contributions up to 10% (14% for Central/State Govt) of Basic+DA qualify under Section 80CCD(2) under both Old and New Tax Regimes.
Calculate your Public Provident Fund (PPF) maturity amount, total investment, and estimated interest earnings. Plan long-term sovereign-backed savings, tax-free returns under EEE status, and retirement corpus growth.
ViewCalculate the retirement corpus you may need to maintain your lifestyle after retirement. Estimate future expenses, inflation-adjusted costs, retirement savings, and monthly retirement income using our free Retirement Calculator.
ViewA free SIP Calculator built to help you plan smarter mutual fund investments. Just enter your monthly investment amount, expected rate of return, and investment duration to instantly see your total invested amount, wealth gained, and projected maturity value — making it easier to plan systematic investments and work toward long-term financial goals like retirement, education, or wealth creation.
ViewEnter your starting age and target retirement horizon (standard superannuation is age 60).
Specify your recurring monthly deposit (e.g., ₹5,000, ₹10,000, or ₹25,000).
Input expected portfolio return (typically 9%–11% for Active Choice) and annuity rate (typically 6%).
Analyze your total accumulated corpus, 60% tax-free payout, and estimated lifelong monthly pension.
Corpus = P × [ (1 + r)ⁿ - 1 ÷ r ] × (1 + r) | | | Monthly Pension = frac{Corpus × 40% × Annuity Rate}{12}
Contributions compound monthly until age 60 under your selected asset allocation (Equity Scheme E, Corporate Bonds Scheme C, Govt Securities Scheme G). Upon superannuation, a minimum 40% of the terminal corpus is annuitized with an ASP (Annuity Service Provider) to generate guaranteed monthly pension cash flows.
Input: Age: 30 | Retirement: 60 (30 Yrs) | Monthly Deposit: ₹10,000 | Expected CAGR: 10% | Annuity Rate: 6%
Output: Total Invested = ₹36,00,000 | Total Corpus = ₹2,27,93,600 | 60% Tax-Free Lump Sum = ₹1,36,76,160 | Monthly Pension = ₹45,587 / month
At age 60, up to 60% of your total accumulated corpus can be withdrawn as a 100% tax-free lump sum under Section 10(12A). The remaining 40% must be used to purchase an annuity, which is also exempt from tax at purchase. However, the recurring monthly pension received from the annuity is taxed as regular income under your applicable tax slab.
Tier 1 is the primary retirement account with statutory lock-in until age 60, offering exclusive tax deductions under Section 80CCD(1), 80CCD(1B), and 80CCD(2). Tier 2 is a voluntary, liquid investment account with zero lock-in and unrestricted withdrawals anytime, but contributions do not qualify for tax deductions.
Partial premature withdrawals up to 25% of your own contributions (excluding employer contributions and returns) are permitted after 3 years for specific purposes: children's higher education, marriage, residential house purchase, or treatment of critical illnesses. In case of premature full account closure before age 60, at least 80% of the total corpus must be utilized to buy an annuity, and only 20% can be taken as a lump sum.
The National Pension System (NPS) is a government-backed retirement savings scheme designed to help individuals build a retirement corpus through disciplined long-term investing. Contributions are invested in a diversified portfolio and grow through compounding over time.
| Feature | Details |
|---|---|
| Purpose | Retirement Planning |
| Investment Type | Market Linked |
| Tax Benefits | Available Under Applicable Sections |
| Partial Withdrawal | Allowed Under Conditions |
| Pension Income | Available Through Annuity |
The NPS maturity value depends on contribution amount, expected return, investment duration, and compounding growth. The longer the investment period, the greater the impact of compounding.
| Feature | NPS | PPF |
|---|---|---|
| Objective | Retirement Planning | Long-Term Savings |
| Returns | Market Linked | Government Declared |
| Pension Option | Yes | No |
| Risk Level | Moderate | Low |
An NPS Calculator helps estimate your retirement corpus, expected pension, lump sum withdrawal, and overall retirement readiness. It simplifies long-term financial planning and helps you make informed retirement decisions.
Learn more
Recent guides and verified updates selected for this calculator.
Finance
A detailed, data-backed comparison of SIP and Lumpsum investing — covering historical Nifty 50 win rates, a real ₹5 lakh example, risk, and which strategy suits your situation.
Finance
A detailed, easy-to-understand comparison of SIP and Fixed Deposit covering returns, risk, taxation, and real-life examples — so you can decide which fits your goals.
Finance
A detailed, easy-to-understand comparison of PPF, Fixed Deposits, and SIP covering returns, risk, tax benefits, liquidity, and real-life examples — so you can build a balanced 2026 portfolio.
Add the NPS Calculator to your website for free. Keep the attribution link in the widget intact.
The embedded route is excluded from search indexing to prevent duplicate-content pages. The main calculator page remains the canonical source.
Aditya Singh is a software engineer and the founder of DevCalc, based in Uttar Pradesh, India. He builds and maintains every calculator on this site using documented formulas, worked examples, and clearly stated limitations, with careful attention to accuracy. Read more about the author →
This calculator and its guidance are for general educational purposes only and do not constitute financial, investment, or tax advice. Verify figures with a qualified professional before making financial decisions.
