NPS Calculator

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NPS Calculator

National Pension System · Retirement Corpus · Pension Estimate

Current Age30 yrs
Retirement Age60 yrs
Current Corpus (Tier I)0
Monthly Contribution (Self)5,000
Monthly Contribution (Employer)0
Annual Step-Up5%
Expected Return (Tier I)10%
Include Tier II Account
Tier II Monthly Contribution3,000
Tier II Expected Return10%
% to Annuitize (Tier I)40%
Annuity Rate (Payout)6%
Inflation (Adjustment)5%
Total Invested
Total Corpus @ Retirement
Lump Sum Withdrawal
Annuity Corpus (Tier I only)
Estimated Monthly Pension (from Tier I)
₹0
Real (Today’s Value): ₹0
Inflation-Adjusted Corpus (Today’s Money)
YearAgeTier I Contrib.Tier I BalanceTier II Balance

Frequently Asked Questions

Is NPS mandatory?

No, it is voluntary for most citizens. However, it is mandatory for central and state government employees joining after specific cutoff dates.

Is NPS taxable?

Contributions are tax-deductible under Section 80C and 80CCD(1B). At maturity, 60% of the withdrawal is tax-free, while the annuity portion is taxable as income.

What is Tier 1 vs Tier 2?

Tier 1 is the mandatory pension account with lock-in periods. Tier 2 is a flexible, voluntary savings account with no withdrawal restrictions.

When can I withdraw NPS?

Partial withdrawals (up to 25%) are allowed after 3 years for specific needs. Full withdrawal is allowed at age 60, where at least 40% must be used to buy an annuity.