NPS Calculator - aistocklens

NPS Calculator (National Pension Scheme)

Monthly Contribution

₹

₹5,000

Current Age

Years

30 yrs

Expected Annual Return

10%

Annuity Rate

Pension income rate from annuity corpus (40% of NPS corpus)

Total Invested

—

NPS Corpus at 60

—

Lump Sum (60%)

—

Monthly Pension

—

NPS Corpus Formula

Corpus = M × { [(1 + r)ⁿ - 1] / r } × (1 + r)

Monthly Pension = (Corpus × 40% × Annuity Rate) / 12

Where:
  M = Monthly Contribution
  r = Monthly Return (Annual ÷ 12 ÷ 100)
  n = Months to Retirement (Age 60 - Current Age) × 12

NPS Withdrawal Rules

60% Lump Sum: Tax-free on maturity at age 60.
40% Annuity: Must be used to buy an annuity, which pays monthly pension. Annuity income is taxable.
Early Exit: After 3 years, up to 25% can be withdrawn for specific purposes.
Tax Benefits: Contributions up to ₹1.5L under Sec 80C + additional ₹50,000 under Sec 80CCD(1B).