🏦 NPS Calculator

Estimate your National Pension Scheme corpus at retirement, monthly annuity income, and lump sum withdrawal amount.

NPS Returns Summary

Total Corpus at 60

₹1,91,41,384

Total Contributed

₹21,00,000

Total Returns

₹1,70,41,384

Lump Sum (60%)

₹1,14,84,830

Annuity (40%)

₹76,56,553

Contributed (11.0%) Returns (89.0%)
📋 Year-wise Growth
YearContributedCorpus ValueReturns
1₹60,000₹63,351₹3,351
2₹1,20,000₹1,33,337₹13,337
3₹1,80,000₹2,10,650₹30,650
4₹2,40,000₹2,96,059₹56,059
5₹3,00,000₹3,90,412₹90,412
6₹3,60,000₹4,94,645₹1,34,645
7₹4,20,000₹6,09,792₹1,89,792
8₹4,80,000₹7,36,996₹2,56,996
9₹5,40,000₹8,77,521₹3,37,521
10₹6,00,000₹10,32,760₹4,32,760
11₹6,60,000₹12,04,255₹5,44,255
12₹7,20,000₹13,93,708₹6,73,708
13₹7,80,000₹16,02,998₹8,22,998
14₹8,40,000₹18,34,205₹9,94,205
15₹9,00,000₹20,89,621₹11,89,621
16₹9,60,000₹23,71,783₹14,11,783
17₹10,20,000₹26,83,492₹16,63,492
18₹10,80,000₹30,27,840₹19,47,840
19₹11,40,000₹34,08,245₹22,68,245
20₹12,00,000₹38,28,485₹26,28,485
21₹12,60,000₹42,92,728₹30,32,728
22₹13,20,000₹48,05,584₹34,85,584
23₹13,80,000₹53,72,143₹39,92,143
24₹14,40,000₹59,98,028₹45,58,028
25₹15,00,000₹66,89,452₹51,89,452
26₹15,60,000₹74,53,276₹58,93,276
27₹16,20,000₹82,97,083₹66,77,083
28₹16,80,000₹92,29,247₹75,49,247
29₹17,40,000₹1,02,59,022₹85,19,022
30₹18,00,000₹1,13,96,627₹95,96,627
31₹18,60,000₹1,26,53,354₹1,07,93,354
32₹19,20,000₹1,40,41,677₹1,21,21,677
33₹19,80,000₹1,55,75,375₹1,35,95,375
34₹20,40,000₹1,72,69,672₹1,52,29,672
35₹21,00,000₹1,91,41,384₹1,70,41,384

Frequently Asked Questions

What is NPS?

National Pension System (NPS) is a voluntary, long-term retirement savings scheme by the Government of India. It allows you to build a retirement corpus through regular contributions.

How much of NPS corpus can I withdraw?

At retirement (age 60), you can withdraw up to 60% as a tax-free lump sum. The remaining 40% must be used to purchase an annuity plan for regular pension income.

What is the tax benefit of NPS?

NPS contributions qualify for tax deduction under Section 80CCD(1) up to ₹1.5 lakh and an additional ₹50,000 under Section 80CCD(1B), totaling up to ₹2 lakh in deductions.

What returns can I expect from NPS?

NPS returns depend on your asset allocation. Historically, NPS equity funds have given 10-14% returns, while debt/government bond funds give 8-10%. Returns are market-linked and not guaranteed.

Can I exit NPS before 60?

Yes, premature exit is allowed after 5 years of contributions. However, you must use at least 80% of the corpus to buy an annuity. Only 20% can be withdrawn as lump sum.

Who manages NPS funds?

NPS funds are managed by PFRDA-registered Pension Fund Managers including SBI, LIC, HDFC, ICICI, Kotak, Aditya Birla, and UTI.