🏠 Home

👴 NPS Calculator

Estimate your retirement pension corpus, lump sum payout, and estimated monthly pension under NPS.

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 government-sponsored voluntary pension scheme designed to provide retirement income to Indian citizens. Upon reaching age 60, up to 60% of the corpus can be withdrawn tax-free, while the remaining 40% must be used to purchase an annuity for a monthly pension.

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?

You can withdraw up to 60% of your accumulated corpus as a lump sum completely tax-free. The remaining 40% goes into buying an annuity plan.

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).