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👴 NPS Calculator

Estimate your NPS retirement corpus and the 60%/40% exit illustration using an assumed return rate. Actual NPS outcomes depend on market-linked returns, exit rules and annuity rates.

Total Principal Invested: ₹0
Interest Earned: ₹0
Total Pension Corpus: ₹0
Lump Sum Withdrawal (60%): ₹0
Annuity Reinvestment (40%): ₹0

Corpus Allocation Chart

📅 Year-by-Year Growth Schedule

Age Total Invested Interest Earned Accumulated Corpus

Understanding National Pension System (NPS)

NPS is a market-linked retirement savings system. This calculator uses a simplified illustration based on your monthly contribution and assumed return. The 60% lump-sum / 40% annuity split shown here is an illustration of the standard normal-exit structure and should not be treated as a personalised tax or pension guarantee.

Frequently Asked Questions

1. What are the tax benefits of NPS?

NPS offers tax deductions up to ₹1.5 Lakh under Section 80CCD(1) and an exclusive additional deduction of ₹50,000 under Section 80CCD(1B).

2. How much can I withdraw at age 60?

At normal exit, the standard structure is commonly illustrated as up to 60% lump-sum and at least 40% used for annuity purchase, subject to the rules applicable to your NPS account and exit circumstances. Annuity income is separate from the corpus illustration and can be taxable.

3. What is Tier-1 vs Tier-2 NPS account?

Tier-1 is a mandatory lock-in pension account with tax benefits. Tier-2 is a voluntary savings account with flexible withdrawals without lock-in.

4. Can I change my NPS asset allocation later?

Yes, subscriber options allow switching between Active Choice (custom equity/debt split) and Auto Choice (lifecycle-based risk adjustment).

5. Is NPS interest rate fixed?

No, NPS returns are market-linked and depend on the performance of underlying asset classes: Equity (E), Corporate Bonds (C), and Government Securities (G).