NPS Calculator

Estimate your pension and lump sum from monthly NPS contributions.

Email me this result We'll email your numbers and a link back. No spam.

Embed this calculator on your website — free

<iframe src="https://rebota.in/tools/nps-calculator?embed=1" width="100%" height="640" style="border:1px solid #e5e9f0;border-radius:12px" title="NPS Calculator" loading="lazy"></iframe>
<p style="font-size:12px"><a href="https://rebota.in/tools/nps-calculator">NPS Calculator</a> by Rebota</p>

How to use the NPS Calculator

Enter your monthly contribution and current age.
Enter the expected return (equity-heavy NPS schemes have historically returned 9–12%).
Choose the annuity share (minimum 40%) and an expected annuity rate.

Formula used

Corpus = Σ contribution × (1 + r/12)^{months remaining} until age 60

Monthly pension = Corpus × annuity share × annuity rate ÷ 12

Lump sum = Corpus − annuity purchase (at most 60%).

NPS Calculator — FAQs

Is the NPS lump sum tax-free?▾

Yes, up to 60% of the corpus withdrawn at retirement is tax-free. The pension from the annuity is taxed as income.

What tax benefits does NPS give?▾

In the old regime, own contributions qualify under 80CCD(1) within the 80C limit plus an extra ₹50,000 under 80CCD(1B). Employer contributions under 80CCD(2) are deductible in both regimes.

Can I withdraw before 60?▾

Partial withdrawals are allowed for specific needs after 3 years. Exiting before 60 requires 80% of the corpus to buy an annuity.

How to use the NPS Calculator

Formula used

NPS Calculator — FAQs

Related calculators