NPS Calculator
Estimate corpus and pension under the National Pension Scheme.
Breakdown
Total Corpus
₹66,89,452
Lumpsum (60%)
₹40,13,671
Annuity (40%)
₹26,75,781
Monthly Pension
₹13,379
Schedule
| Year | Corpus Value |
|---|---|
| 1 | ₹63,351 |
| 2 | ₹1,33,337 |
| 3 | ₹2,10,650 |
| 4 | ₹2,96,059 |
| 5 | ₹3,90,412 |
| 6 | ₹4,94,645 |
| 7 | ₹6,09,792 |
| 8 | ₹7,36,996 |
| 9 | ₹8,77,521 |
| 10 | ₹10,32,760 |
| 11 | ₹12,04,255 |
| 12 | ₹13,93,708 |
| 13 | ₹16,02,998 |
| 14 | ₹18,34,205 |
| 15 | ₹20,89,621 |
| 16 | ₹23,71,783 |
| 17 | ₹26,83,492 |
| 18 | ₹30,27,840 |
| 19 | ₹34,08,245 |
| 20 | ₹38,28,485 |
| 21 | ₹42,92,728 |
| 22 | ₹48,05,584 |
| 23 | ₹53,72,143 |
| 24 | ₹59,98,028 |
| 25 | ₹66,89,452 |
What is National Pension System?
The National Pension System (NPS) is a government-backed retirement savings scheme designed to help individuals build a retirement corpus through regular contributions. It is a voluntary investment scheme, meaning individuals can choose to invest independently even if their employer does not contribute.
An NPS Calculator helps estimate the future value of investments, retirement corpus, lump sum withdrawal, and potential monthly pension.
How National Pension System Works
Investors contribute regularly during their working years. Contributions are invested in market-linked assets such as equities, corporate bonds, and government securities. Investment grows through monthly compounding.
Lump Sum Withdrawal (60%)
Up to 60% of the total corpus can be withdrawn tax-free at retirement
Annuity Purchase (40%)
At least 40% must be used to buy an annuity for regular pension income
Voluntary Scheme
Invest independently even without employer contribution
Market-Linked Growth
Invested in equities, bonds, and government securities
Calculation Method
Formula:
Where:
- P = Monthly contribution amount
- R = Annual rate of return
- n = Compounding periods per year (12 for monthly)
- T = Total investment period in years
Assumptions:
- ✓ Monthly compounding
- ✓ Fixed return rate
- ✓ Lump sum = 60% of corpus
- ✓ Annuity = 40% of corpus
Key Benefits
Retirement Savings
Long-term market-linked growth for retirement corpus
Tax Benefits
Deductions under multiple sections of Income Tax Act
Dual Benefit
Both lump sum withdrawal and regular pension income
Government Regulated
Transparent and regulated investment structure
Important Disclaimer
This calculator provides estimated projections for educational and planning purposes only. Actual returns depend on market performance, asset allocation, annuity rates, and government regulations.
Always review the latest NPS guidelines and consult financial professionals before making retirement planning decisions.