NPS Calculator
Estimate total retirement corpus, lump-sum tax-free payout, and monthly pension income under the National Pension System.
About the National Pension System (NPS)
NPS is a voluntary defined-contribution pension system regulated by PFRDA designed to build retirement wealth and secure annuity income.
Withdrawal Rules at Age 60
A maximum of 60% of the accumulated corpus can be withdrawn as a tax-free lump sum. A minimum of 40% must be used to purchase a lifelong monthly annuity.
Frequently Asked Questions
What are the tax benefits of NPS?
Contributions qualify for deductions up to ₹1.5 Lakh under Section 80CCD(1), with an additional exclusive deduction of ₹50,000 under Section 80CCD(1B).
Is the 60% lump-sum withdrawal taxable?
No, the 60% lump-sum withdrawal at age 60 is completely tax-exempt.
Are annuity pension payouts taxable?
Yes, recurring monthly annuity pensions are added to taxable income and taxed at applicable slab rates.
What asset classes are available in NPS?
Subscribers choose between Equity (E), Corporate Bonds (C), Government Securities (G), and Alternative Assets (A).
Calculate in three steps
- 1Enter your valuesUse the fields above and check the units shown beside each input.
- 2Run the calculationSelect Calculate to refresh the result with your latest values.
- 3Review or shareCompare the result, reset the form, print it, or share this page.