NPS Calculator (National Pension System)
Plan your retirement pension and tax-free lump sum corpus with National Pension System
₹
₹ 1,000₹ 1,00,000
Yrs
Yrs
%
%
Calculation Result
Estimated Monthly Pension
₹28,083 /mo
Guaranteed lifetime pension from annuityLoading visualization...
Total Corpus
₹1,40,41,677
Tax-Free Lump Sum
₹84,25,006
Annuity Pool
₹56,16,671
How this calculator works
1
Input your current age and monthly contribution.
2
Enter expected annual investment growth rate and annuity rate.
3
View total corpus, tax-free lump sum withdrawal, and monthly lifetime pension.
Formula & Mathematics
NPS Corpus & Annuity Split Formula
LumpSum = Corpus × (1 - Annuity%), Monthly Pension = (Corpus × Annuity% × Annuity Rate) / 12
Under PFRDA rules, at least 40% of the maturity corpus must be converted into an annuity providing monthly pension.
Worked Example
₹5,000/month from Age 25 to 60 at 10% Return
35 years of continuous contributions.
• Total Invested: ₹21,00,000
• Total Accumulated Corpus: ~₹1.91 Crores
• 60% Tax-Free Lump Sum: ~₹1.15 Crores
• 40% Annuity Pool at 6%: ~₹38,200 monthly pension
You get ₹1.15 Cr cash in hand plus ₹38,200 monthly pension for life.
Frequently Asked Questions
No, the 60% lump sum withdrawal at age 60 is 100% tax-exempt.
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