Regulatory Framework: PFRDA (PFRDA Act, 2013)

Tier 1 rules: Minimum 40% annuity purchase at retirement, 60% lump-sum withdrawal tax-free under Sec 10(12A).

Important: NPS returns are market-linked across asset classes. There is NO government-guaranteed interest rate. Returns shown are based on your chosen assumption.

NPS Calculator

Calculate your estimated pension corpus at age 60, tax-free lump sum withdrawal, and monthly annuity pension under National Pension System (Tier 1).

Current Age (years)

18 yrs30 years (Retirement in 30 yrs)59 yrs

Monthly Contribution (Tier 1)

₹500/mo (Min ₹1K/yr)₹5,000/mo₹1.5L/mo

Expected Annual Return (Assumption)Market-linked

7% p.a.10% p.a.15% p.a.

Annuity Reinvestment (Statutory Min: 40%)

40% (Min)40% Annuity / 60% Lump Sum100%

Expected Annuity Return Rate (Assumption)

5%6% p.a.8%

Estimated Corpus at Age 60

₹1,13,96,627

Lump Sum (60%)

₹68,37,976

100% Tax-Free

Monthly Pension

₹22,793

From ₹45,58,651 annuity

Total Amount Invested₹18,00,000

Total Interest / Gains+₹95,96,627

Investment Period30 years (360 months)

NPS Statutory Tax Benefits

Sec 80CCD(1):Up to 10% of salary (Basic+DA) within overall ₹1.5L (Sec 80CCE limit)

Sec 80CCD(1B):Exclusive additional deduction of ₹50,000 over & above 80C

Sec 80CCD(2):Employer contribution up to 10% (14% for Central Govt) of Basic+DA

Lump Sum at 60:Up to 60% withdrawal is 100% tax-free under Sec 10(12A)

Important Disclosure: NPS returns are market-linked and depend on portfolio allocations among Equity, Corporate Debt, Government Bonds, and Alternative Assets chosen by the subscriber or lifecycle fund. The returns shown here are based on hypothetical expected rate of return and should not be construed as investment advice or guaranteed future performance.

← All Calculators