NPS Calculator India (2026) – Maturity & Pension Planner

Estimate your National Pension System retirement corpus seamlessly

Monthly Investment

₹

₹10,000

Expected Return (p.a)

10%

Your Current Age

Years

30 Yr

NPS maturity assumes standard retirement at age 60.

SIP Timing (Advanced)

Beginning of Month End of Month

Maturity Amount (Corpus) ⓘ

₹2,26,04,879

Tax-Free Lump Sum (60%)

₹1,35,62,928

Mandatory Annuity (40%)

₹90,41,952

Total Investment

₹36,00,000

Interest Earned

₹1,90,04,879

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Plan Your Retirement with the NPS Calculator

The National Pension System (NPS) is a voluntary, long-term retirement savings scheme designed to enable systematic savings during a citizen's working life. By leveraging the power of compounding interest, the NPS allows you to build a massive retirement corpus while providing unmatched tax benefits under the Income Tax Act.

The 60/40 Retirement Rule

When you reach the superannuation age of 60, the PFRDA mandates a specific withdrawal structure for your Tier-I account. You are permitted to withdraw a maximum of 60% of your total corpus as a tax-free lump sum. The remaining 40% must be utilized to purchase a life annuity from a PFRDA-empanelled life insurance company, which will provide you with a regular monthly pension for the rest of your life.

Exception: If your total accumulated corpus is ₹5 Lakh or less, you are exempt from the annuity requirement and may withdraw 100% of the funds as a lump sum.

Exclusive Tax Benefits (Section 80CCD)

NPS offers tax deductions that go beyond the standard Section 80C limits. Under Section 80CCD(1B), you can claim an additional, exclusive deduction of ₹50,000. Furthermore, the 60% lump sum you withdraw at age 60 is entirely exempt from income tax, making NPS one of the most tax-efficient retirement vehicles in India.

Frequently Asked Questions (FAQs)

How much can I withdraw from NPS at retirement?

At age 60, you can withdraw up to 60% of the corpus as a tax-free lump sum and must use the remaining 40% to purchase an annuity. However, if your total corpus is ₹5 lakh or less, the entire amount can be withdrawn as a lump sum.

What tax deductions are available for NPS?

Tier-I contributions get deductions: up to 10% of salary (Basic+DA) within the 1.5L limit under 80CCD(1), plus an extra ₹50k deduction under 80CCD(1B). The 60% lump sum withdrawal at retirement is entirely tax-exempt.

Tier I vs Tier II: What’s the difference?

Tier-I is a mandatory retirement account locked until age 60 with exclusive tax benefits. Tier-II is a voluntary savings account with no lock-in period and no tax breaks, but it requires an active Tier-I account to open.

Why do my results differ slightly from other calculators?

Results may differ from other calculators due to SIP timing assumptions. Most mass-market calculators assume you invest at the end of the month by default. If your auto-debit happens on salary day (1st to 5th), toggle our "Beginning of Month" setting for absolute mathematical precision.

Legal Disclaimer: This NPS Calculator provides an estimate based on your inputs and an assumed steady rate of compounding. The National Pension System is a market-linked product, and actual returns are not guaranteed and will fluctuate based on the performance of your chosen asset classes (Equity, Corporate Bonds, Government Securities). Please consult a certified financial advisor before making long-term investment decisions.