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Updated for 2026 NPS exit rules

NPS Calculator: Pension and Retirement Corpus

Estimate your National Pension System corpus at retirement, how much you can take as a lump sum and the monthly pension you could get.

₹
₹500₹1 L
years
1859
years
6075
%
5%14%
%
0%80%
%
4%9%
Estimated monthly pension
₹0
Lump sum 0
Used to buy a pension₹0
Lump sum at retirement₹0
Total corpus₹0
Total you'll contribute₹0

How your NPS corpus grows

The purple area is what you contribute. The orange area above it is investment growth.

Year-by-year corpus

AgeContributed so farGrowth so farCorpus at year end

How the NPS calculator works

The National Pension System (NPS) is a government-backed retirement scheme. You contribute regularly while you work, the money is invested in a mix of equity, corporate bonds and government bonds, and at retirement you take part of the corpus as a lump sum and use the rest to buy an annuity, which pays you a monthly pension.

Corpus = Σ monthly contribution × (1 + r ÷ 12)months left
Monthly pension = Annuity amount × annuity rate ÷ 12 The corpus figure assumes a steady return each year. NPS returns depend on the funds you choose and the market.

Worked example

NPS exit rules (non-government subscribers)

  • At normal exit (age 60 or later), you can now withdraw up to 80% of your corpus as a lump sum. At least 20% must be used to buy an annuity.
  • If your total corpus is ₹8 lakh or less, you can withdraw all of it with no annuity.
  • You can stay invested beyond 60, up to 75, and contributions can continue.

Tax rules for the larger lump sum may differ from the earlier 60% tax-free limit. Check the latest rules with your NPS provider or a tax advisor before you withdraw.

Tax benefits while you invest

  • Old regime: your own contribution qualifies under 80C (up to ₹1.5 lakh) and an extra ₹50,000 under 80CCD(1B).
  • Both regimes: your employer's contribution is deductible under 80CCD(2), up to 14% of basic salary in the new regime and 10% in the old regime.

Frequently asked questions

What return should I expect from NPS?

It depends on your asset mix. Equity-heavy NPS funds have historically returned around 9–12% a year over long periods, and bond funds around 7–9%. Using 9–10% gives a balanced estimate.

What is an annuity and why is it required?

An annuity is a plan you buy from an insurance company with part of your corpus. It pays you a fixed pension every month for life. NPS requires part of the corpus to be used this way so you have a regular income in retirement.

Can I withdraw from NPS before 60?

Partial withdrawals are allowed for specific needs such as children's education, marriage, buying a house or medical treatment, after a minimum period. Leaving NPS completely before 60 usually means a larger share must go into an annuity.

NPS or PPF for retirement?

PPF is fully guaranteed and tax-free but limited to ₹1.5 lakh a year at 7.1%. NPS can earn more because part of it is in equity, and it offers extra tax deductions, but returns are not guaranteed and part of the corpus must buy an annuity.