NPS Calculator
NPS Details
Tax Benefit Breakdown
Corpus Growth Over Time
Corpus Split at Retirement
What Does This Tool Do?
This NPS Calculator helps you estimate the National Pension System corpus at retirement with lump sum and annuity breakdown. It is designed for salaried professionals, government employees, and anyone planning for retirement through NPS who need quick and reliable results.
When Should You Use It?
You should use this tool when:
- •You want to plan retirement savings through NPS
- •You need to calculate how much monthly pension you will get after retirement
- •You want to understand NPS tax benefits under 80CCD(1), 80CCD(1B), and 80CCD(2)
- •You want to add employer NPS contribution to your retirement calculation
- •You want to compare NPS with PPF and mutual funds for retirement planning
How to Use This Tool
Enter or upload the required information
Click on the calculate / convert button
Get instant results
Common Use Cases
- •Retirement corpus planning with equity and debt allocation
- •Calculating monthly pension from NPS annuity
- •Tax planning with additional Rs 50,000 deduction under 80CCD(1B)
- •Understanding employer NPS contribution benefits
- •Comparing NPS with other retirement instruments
Frequently Asked Questions
What is NPS?
NPS (National Pension System) is a government-sponsored retirement savings scheme. It invests in a mix of equity, corporate bonds, and government securities. At retirement, you must use at least 40% of the corpus to buy an annuity for monthly pension.
How much tax can I save with NPS?
NPS offers tax benefits under three sections: 80CCD(1) up to Rs 1.5 lakh (part of 80C limit), 80CCD(1B) additional Rs 50,000, and 80CCD(2) for employer contribution (up to 10% of basic, no upper limit for government employees).
What happens to NPS at retirement?
At retirement (age 60), you must use at least 40% of the corpus to purchase an annuity. The remaining 60% can be withdrawn as a lump sum, which is fully tax-free. You can also defer withdrawal or continue contributing till age 75.
Is NPS better than PPF?
NPS has higher return potential due to equity exposure (up to 75%) but is market-linked. PPF offers guaranteed returns at 7.1%. NPS has a mandatory annuity component, while PPF gives full flexibility. Both serve different purposes and work best together.
Can I withdraw NPS before 60?
Partial withdrawal of up to 25% of contributions is allowed after 3 years for specific purposes (education, marriage, medical emergency, home purchase). Full premature exit requires at least 80% to be used for annuity purchase.
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View all Finance toolsHow to Use This Tool
Enter or upload the required information
Click on the calculate / convert button
Get instant results
Frequently Asked Questions
Is this NPS Calculator free to use?
Yes, it is completely free and requires no signup or registration.
Is my data saved?
No. All processing happens locally in your browser for 100% privacy.
Can I use this NPS Calculator on mobile?
Yes, it works perfectly on all devices including mobile phones and tablets.