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👴 NPS Calculator

Estimate your NPS retirement corpus using an assumed market-linked return. The displayed 80% lump-sum / 20% annuity split is an illustration based on the current All Citizen Model normal-exit framework; applicable NPS exit rules depend on the model, corpus and current PFRDA regulations.

Total Principal Invested: ₹0
Interest Earned: ₹0
Total Pension Corpus: ₹0
Illustrative Lump Sum (80%): ₹0
Illustrative Annuity (20%): ₹0
Illustrative Monthly Annuity Income: ₹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. For the current All Citizen Model rules, this calculator uses an illustrative normal-exit split of up to 80% lump sum and at least 20% annuity. Actual exit options depend on the NPS model, joining age, corpus size and applicable rules; this is not a personalised pension or tax calculation.

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?

Under current All Citizen Model rules, normal-exit benefits can allow up to 80% as lump sum and at least 20% for annuity, subject to the applicable NPS rules and corpus thresholds. Different exit situations can have different requirements. 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).