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Investing · Free & private

NPS Calculator: pension and corpus

See how your National Pension System contributions grow until retirement, and what that means as a lump sum and a monthly pension.

The minimum annuity share is set by PFRDA and has been 40% for most subscribers. Check the current rule for your account.

Estimated monthly pension

₹22,793

Plus a lump sum of ₹68.38 L at age 60

Total corpus

₹1.14 Cr

  • Lump sum₹68.38 L
  • Buys pension₹45.59 L

You invest

₹18 L

Growth

₹95.97 L

Corpus ₹1,13,96,627. Lump sum ₹68,37,976. Monthly pension about ₹22,793.

Results are estimates based on the figures you enter and standard formulas. They are for information only and are not financial, investment, tax or legal advice. Rates and rules change, so confirm with your bank, fund house, employer or tax adviser before you decide. Read the full disclaimer.

How NPS works

  1. You contribute regularly until retirement (usually 60). Your money is invested in equity, corporate bonds and government securities.
  2. At retirement, a minimum share of the corpus buys an annuity that pays you a monthly pension.
  3. The rest can be withdrawn as a lump sum.

Exit and annuity rules are set by PFRDA and have changed over time, so confirm the current rules before you plan.

NPS examples

Retiring at 60, 10% return, 40% annuity at 6% a year.

NPS corpus and pension examples
MonthlyStart ageCorpusLump sumPension / month
₹5,00025₹1,91,41,384₹1,14,84,830₹38,283
₹5,00035₹66,89,452₹40,13,671₹13,379
₹10,00030₹2,27,93,253₹1,36,75,952₹45,587
₹10,00040₹76,56,969₹45,94,181₹15,314

Starting 10 years earlier makes a far bigger difference than investing more later. That is the power of compounding.

Related

Compare with other long-term options: the tax-free PPF calculator and the market-linked SIP calculator.

Last reviewed:

Frequently asked questions

How much pension will I get from NPS?
It depends on how much you invest, for how long, the returns and the annuity rate. For example, ₹10,000 a month from age 30 to 60 at 10% builds a corpus of about ₹2,27,93,253; putting 40% into an annuity at 6% gives a pension of about ₹45,587 a month.
What is an annuity in NPS?
At retirement, part of your NPS corpus must be used to buy an annuity from an insurance company, which pays you a regular pension for life. The rest can be withdrawn as a lump sum.
What tax benefits does NPS give?
In the old regime, your contributions qualify under Section 80CCD(1) within the ₹1.5 lakh 80C limit, plus an extra ₹50,000 under 80CCD(1B). Your employer’s contribution under 80CCD(2) is deductible in both regimes.
What return does NPS give?
NPS returns depend on your asset mix and fund manager. Equity-heavy choices have historically earned more over long periods but with more ups and downs. Use a conservative figure for planning.