NPS calculator
Project your National Pension System corpus at 60 — and what you can take as lump sum vs annuity.
Quick answer
An NPS calculator projects your National Pension System retirement corpus at age 60 from monthly contributions. At exit, up to 60% can be withdrawn as lump sum (tax-free within limits) and 40% must buy a taxable annuity pension.
Corpus at 60
After 30 years of NPS contributions with a 10% annual step-up.
- You invest
- ₹98,69,641
- Lump sum (60%)
- ₹1.9Cr
- For annuity (40%)
- ₹1.3Cr
At 60, up to 60% can be withdrawn lump sum (tax-free within limits); 40% must buy an annuity — that pension is taxable.
Rates & rules checked on 15 June 2026 · based on FY 2025-26 (AY 2026-27).
What this tells you
The National Pension System (NPS) is a market-linked retirement account where your money is invested in a mix of equity, corporate bonds and government securities until you turn 60.
It offers an extra ₹50,000 tax deduction under Section 80CCD(1B) beyond the ₹1.5 lakh 80C limit — a genuine bonus PPF doesn't give. The trade-off: at 60 you must use at least 40% to buy an annuity (taxable pension), and only up to 60% can be withdrawn as lump sum.
How it's calculated
We compound your monthly NPS contribution until age 60 at your expected return, with an optional annual step-up. At maturity we split the corpus into the 60% lump-sum and 40% annuity portions per current NPS exit rules.
Common questions
- Is NPS better than PPF?
- NPS can deliver higher returns because it includes equity, but forces an annuity at 60 (taxable). PPF is guaranteed and fully tax-free. Many use both — see our NPS vs PPF comparison.
- What is the extra ₹50,000 NPS tax benefit?
- Section 80CCD(1B) gives an additional ₹50,000 deduction for NPS contributions on top of the ₹1.5 lakh 80C limit under the old regime.
- Can I withdraw NPS before 60?
- Partial withdrawal is allowed for specific reasons (child's education, critical illness) after 3 years, up to 25% of your contribution. Premature exit before 60 is restricted and heavily penalised.
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Sources
For general education, not personalised financial advice. Verify current rates and rules before acting — tax laws and interest rates change.