NPS Calculator
Project your National Pension Scheme corpus at retirement. Enter your monthly contribution, current age and expected return to see the lump sum you can withdraw and the pension it could buy.
How to use the NPS Calculator
Enter the amount you contribute every month to your NPS account.
Set your current age and retirement age so the calculator knows the investment horizon.
Choose an expected annual return and the share of corpus to annuitise (at least 40%).
See your projected corpus, the tax-free lump sum and the monthly pension it could buy.
Frequently asked questions
What is NPS?
The National Pension Scheme is a government-backed retirement scheme where you contribute regularly during your working years and receive a pension after retirement, with part of the corpus paid as a lump sum.
How much of my NPS corpus must I annuitise?
At retirement you must use at least 40% of the corpus to buy an annuity that pays a monthly pension. The remaining 60% can be withdrawn as a lump sum.
What annuity rate does this calculator assume?
It assumes a 6% annual annuity rate, a typical market rate, to estimate the monthly pension. Your actual pension depends on the insurer and the annuity plan you choose.