NPS Calculator
Calculate NPS corpus at retirement with annuity planning
Disclaimer
This is an estimate. Actual returns depend on fund selection, market performance, and annuity rates at retirement.
NPS - Retirement Savings Scheme
Plan your retirement with NPS - a government-backed pension scheme with tax benefits.
Double Tax Benefit
80CCD(1): ₹1.5L + 80CCD(1B): ₹50K deduction
Retirement Corpus
Build large corpus for retirement - 40% annuity, 60% lump sum
Flexible Withdrawal
Access funds from age 60, partial withdrawal from 50
Pro Tips
- Min ₹500/month SIP, max ₹2.5L/year contribution
- Government contributes 10% for unorganized sector workers
- Multiple fund options: Conservative, Moderate, Aggressive
- Low fees - best for long-term wealth accumulation
Quick Example
Important Notes
• Contribution Limits: Max ₹2,50,000 per financial year (₹1.5L under 80CCD(1) + ₹50K under 80CCD(1B))
• Mandatory Allocation at Retirement: 40% annuity (pension), 60% lump sum withdrawal
• Partial Withdrawal: Available from age 50 onwards for specific purposes (medical, education)
• Fund Options: Conservative (Govt securities), Moderate (Mix), Aggressive (Equity focus)
• Tax on Pension: Partially taxable as per applicable tax slab
Frequently Asked
Who is eligible for NPS?
Any Indian resident aged 18-65 years can open an NPS account. Both salaried and self-employed individuals can contribute.
What is the minimum contribution?
Minimum monthly contribution is ₹500 for SIP or you can make lump sum contributions of at least ₹1,000.
Can I withdraw before retirement?
Partial withdrawal is allowed from age 50 for specific purposes. Full withdrawal is only at age 60.
What happens to NPS after retirement?
At age 60, 40% is mandatorily used to buy an annuity (pension), and 60% can be withdrawn as lump sum.
Is NPS safe?
NPS is regulated by PFRDA (Pension Fund Regulatory and Development Authority) and is one of the safest investment options.
Need expert help filing your taxes?
Our CA team at Pathak Associates is ready to assist you.