NPS Calculator

This national pension scheme calculator compounds your monthly contribution at the expected annual return, credited at the beginning of each month (the industry convention used by npstrust, HDFC and SBI calculators): corpus = P × (((1+r)^n − 1) / r) × (1+r), where P is the monthly contribution, r the monthly return and n the number of months. For example, ₹10,000/month for 30 years at 10% gives a corpus of ₹2,27,93,253 from a total investment of ₹36,00,000 — the rest, ₹1,91,93,253, is compounding gains.

Monthly pension = (annuity corpus × annuity rate) ÷ 12. Continuing the example above: with the mandatory minimum 40% annuity purchase, ₹91,17,301 of the ₹2,27,93,253 corpus buys the annuity; at a 6.5% annuity rate that pays ₹49,385 per month for life. The remaining 60% — ₹1,36,75,952 — can be withdrawn as a tax-free lump sum at age 60.

Use the Pension Target Solver tab: for a ₹50,000 monthly pension with 30 years to retirement, a 10% return, 40% annuity purchase at 6.5%, you need to invest about ₹10,124 per month. That builds a corpus of roughly ₹2,30,76,923, of which ₹92,30,769 buys the annuity.

Tier I is the mandatory pension account: locked till age 60, minimum ₹500 to open and ₹1,000 per year, with full tax benefits. Tier II is an optional savings account that needs an active Tier I: minimum ₹1,000 to open and ₹250 per contribution, no lock-in, withdraw anytime — but no tax benefits. See the Tier I vs Tier II tab for the full comparison.

Yes — this national pension scheme nri calculator works for NRI subscribers too. NRIs (and OCIs) aged 18–70 can open an NPS Tier I account and contribute from NRE/NRO accounts. NRIs are not eligible for Tier II accounts. Repatriation of the maturity proceeds follows FEMA/RBI guidelines.

Tier I: ₹500 to open the account, ₹500 per contribution, and at least ₹1,000 in total every financial year. Tier II: ₹1,000 to open, ₹250 minimum per contribution, no annual minimum.

On premature exit, at least 80% of the corpus must purchase an annuity and only 20% can be taken as lump sum. Exception: if the total corpus is below ₹1 lakh, you may withdraw 100% as lump sum. Try the Exit & Annuity tab with your own corpus.

Only if the corpus is small: at maturity (age 60+), a 100% lump-sum withdrawal is allowed when the total corpus is below ₹2 lakh. Above that, the rule is maximum 60% lump sum (tax-free) and minimum 40% annuity purchase.

Three deductions: Section 80CCD(1) — self contribution up to ₹1.5 lakh (inside the 80C ceiling); Section 80CCD(1B) — an additional ₹50,000 exclusively for NPS; Section 80CCD(2) — employer contribution (10% of salary for private-sector, 14% for government employees) with no upper cap. The 60% lump sum at maturity is tax-free. The Tax Benefits tab estimates your saving.

10% of Basic Pay + DA from the employee plus 14% from the government — 24% of salary every month. For example, with Basic + DA of ₹80,000, ₹19,200/month flows into NPS; from age 30 to 60 at 10% return that projects a corpus of ₹4,37,63,046 and a monthly pension of about ₹94,820 (40% annuity at 6.5%). See the Govt Employee tab.

No. NPS is market-linked — your money is invested across equity, corporate bonds, government securities and alternative funds by your chosen pension fund manager, so returns vary. That is why every projection on this page is labelled an estimate, not a promise.

Annuity rates from PFRDA-empanelled insurers have typically ranged between 5% and 7% in recent years; this calculator defaults to 6.5%. A lower annuity rate means a lower monthly pension for the same corpus — move the slider to stress-test your plan.

Yes. You can defer both the lump-sum withdrawal and the annuity purchase, and keep the account running till age 75 — the corpus keeps compounding in the meantime.

Beginning of month (annuity-due). This matches the convention of the official npstrust and major bank NPS calculators: each contribution earns a full month of growth. An end-of-month convention would give a corpus about one month's growth lower — roughly 0.8% at 10% annual return.

No. This is an independent educational tool by nrtechstudio.com. Projections are estimates based on the return and annuity rate you enter — not financial advice. For official rules and the PFRDA-registered calculator, visit npstrust.org.in.