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Salary & Retirement · Updated for tax year 2026-27

NPS Calculator — Corpus, Lump Sum & Pension

Your NPS corpus is your monthly contributions compounded at the expected return until retirement. At exit, non-government subscribers can take up to 80% as a lump sum and must use at least 20% to buy an annuity (at least 40% for government employees). The annuity pays a monthly pension. Enter your age and contribution to estimate both.

Enter your details

Values you enterComputed values

Min 20% (non-govt), 40% (govt)

Result

Estimated monthly pension

₹11,397

Years of investing30Total invested₹18,00,000Corpus at exit₹1,13,96,627Lump sum₹91,17,301Used for annuity₹22,79,325

Corpus of about ₹1.14 crore. Returns are market-linked and not guaranteed.

Disclaimer: Computed to the best of our knowledge, as per the law — including the section changes under the Income-tax Act, 2025 — in force on the date this website was last deployed (28 Sep 2026). Results are estimates for guidance only and are not tax, legal or investment advice. Please verify with the Act, rules and notifications, or a qualified professional, before relying on them. Rates and limits last reviewed on 28 Sep 2026.

How to use the NPS Calculator

  1. 1

    Enter your current age and the age you plan to exit (usually 60).

  2. 2

    Enter your monthly contribution and, if you plan to raise it every year, the step-up percentage.

  3. 3

    Enter the return you expect — equity-heavy NPS portfolios have historically earned around 9–11% a year, but returns are not guaranteed.

  4. 4

    Choose the share of the corpus for the annuity and the annuity rate you expect.

How the NPS calculator works

Corpus = Σ Monthly contribution × (1 + r/12)^(months remaining)

Lump sum = Corpus × (1 − Annuity share)

Monthly pension = Corpus × Annuity share × Annuity rate ÷ 12

Under PFRDA’s revised exit rules, non-government subscribers may withdraw up to 80% of the corpus at normal exit, and small corpuses can be withdrawn fully. Check the current thresholds with your point of presence before exiting.

Worked example

  • Age 30, exit at 60, ₹5,000 a month with no step-up, 10% expected return.
  • You invest ₹18 lakh over 30 years and build a corpus of about ₹1.14 crore.
  • With 20% in an annuity at 6%, the monthly pension is about ₹11,400, and about ₹91 lakh can be taken as a lump sum.

NPS tax benefits

In the new regime, only the employer’s contribution (up to 14% of basic + DA) is deductible, under Section 124 (old sec. 80CCD(2)). In the old regime you can also deduct your own contribution under Section 124 (old sec. 80CCD(1)) within the ₹1.5 lakh Section 123 (old sec. 80C) limit, and an extra ₹50,000 under Section 124 (old sec. 80CCD(1B)).

At exit, a lump sum of up to 60% of the corpus has long been tax-free; check the current treatment of any larger withdrawal allowed under the revised exit rules. Annuity income is taxed at your slab rate.

Frequently asked questions

Non-government subscribers can withdraw up to 80% as a lump sum and must buy an annuity with at least 20%. Government employees follow the 60/40 split. Small corpuses can be withdrawn in full.