NPS Calculator
National Pension System corpus, and how much you can take as cash at 60.
Inputs
- Invested₹30,00,000(22%)
- Gains₹1,03,78,903(78%)
- Total invested
- ₹30,00,000
- Estimated gains
- ₹1,03,78,903
- Monthly contribution
- ₹5,000
- Employer match
- ₹5,000
- Lump sum at 60 (up to 80%)
- ₹1,07,03,123
- Annuity purchase (at least 20%)
- ₹26,75,781
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What each NPS input means
- Your monthly contribution
- What you put into your NPS Tier I account each month.
- Employer match (monthly)
- Your employer's monthly contribution to your NPS account, if any. Under the new regime it is the one deduction from salary still allowed, up to 14% of basic plus DA.
- Investment period
- Years left until you turn 60, the normal exit age.
- Expected return
- The yearly return you assume. It depends on your mix of equity, corporate bonds and government securities; a conservative, debt-heavy mix usually earns less than an equity-heavy one, and nothing is guaranteed.
NPS formula
Corpus = (Monthly contribution + Employer contribution) × ((1 + i)^n − 1) ÷ i × (1 + i), with i the monthly return; lump sum ≤ 80%, annuity ≥ 20%
Each month's contribution, yours and any from your employer, is invested at the start of the month and grows at the expected return until you turn 60. NPS returns are market-linked, so the rate you enter is an assumption, not a promise. At normal exit, since PFRDA's amended exit rules of 19 December 2025, a non-government subscriber can take up to 80% of the corpus as a lump sum and must use at least 20% to buy an annuity, which pays a monthly pension; before that the split was 60:40. If the corpus is ₹8 lakh or less, all of it can be taken out.
NPS worked example
Contributing ₹5,000 a month with a matching ₹5,000 from your employer for 25 years at an assumed 10% builds a corpus of ₹1,33,78,903 from ₹30,00,000 paid in. At 60 up to 80% of it, ₹1,07,03,123, can be taken as a lump sum, and at least ₹26,75,781 goes into an annuity for a monthly pension.
More NPS examples
₹10,000 a month of your own for 30 years at an assumed 9% grows to ₹1,84,44,741. Up to ₹1,47,55,792 can be withdrawn at 60, with the remaining ₹36,88,948 or more buying an annuity.
A smaller account, ₹2,000 a month for 15 years at 8%, reaches ₹6,96,690. That is under ₹8 lakh, so the whole amount can be taken out at 60, with no annuity required.
₹6,000 a month of your own plus ₹4,000 from your employer for 20 years at an assumed 10% builds ₹76,56,969 from ₹24,00,000 paid in. Up to ₹61,25,575 can be taken as cash at 60.
Where the NPS calculator can give the wrong answer
- Tier II accounts (voluntary savings without tax benefits) follow the same maths but different withdrawal rules; this calculator doesn't distinguish tiers.
- Actual returns depend on your asset allocation and fund manager. 10% is optimistic for a conservative, debt-heavy mix.
- The 80:20 split is for non-government subscribers at normal exit. Government employees and early exits before 60 follow different rules.
- Tax on contributions isn't shown. Your employer's contribution is deductible under both regimes; the extra ₹50,000 deduction for your own contribution exists only under the old regime.
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NPS reference table
| Monthly contribution | Corpus at 60 | Lump sum (up to 80%) | Annuity (at least 20%) |
|---|---|---|---|
| ₹3,000 | ₹55,33,422 | ₹44,26,738 | ₹11,06,684 |
| ₹5,000 | ₹92,22,370 | ₹73,77,896 | ₹18,44,474 |
| ₹10,000 | ₹1,84,44,741 | ₹1,47,55,792 | ₹36,88,948 |
| ₹20,000 | ₹3,68,89,481 | ₹2,95,11,585 | ₹73,77,896 |
NPS FAQ
- Up to 80% as a lump sum if you are a non-government subscriber, under PFRDA's exit rules as amended on 19 December 2025; at least 20% must buy an annuity. If the whole corpus is ₹8 lakh or less, you can withdraw all of it. Before December 2025 the limit was 60%.
- They do different jobs. EPF pays a declared rate, 8.25% for 2025-26, and allows partial withdrawals for set purposes. NPS returns follow the markets, can be higher over long periods, and require part of the corpus to become a pension. Many salaried people have both.
- It depends on the insurer, your age and the type of annuity, such as one that continues for a spouse or returns the purchase price. This calculator projects the corpus and the split, not the monthly pension; annuity providers quote that at the time.
- Tier I is the pension account: contributions carry the tax benefits and withdrawals are restricted until 60, when the lump-sum and annuity rules apply. Tier II is an optional savings account with no tax benefit that you can withdraw from at any time.
- Yes. It is deductible from salary under both regimes, up to 14% of basic plus DA under the new regime, which makes it one of the few deductions the new regime keeps.