Calculator
NPS calculator
Market-linked retirement, government-wrapped. See what monthly contributions become by 60.
Exit norms eased Dec 2025 (PFRDA): up to 80% lump sum allowed, but only 60% is tax-free — the extra 20% is taxed at slab. Full exit if corpus ≤₹8L. Annuity pension is taxable as salary.
Corpus ₹1.33 Cr (₹30.00 L paid + ₹1.03 Cr gains)
- Tax-free lump sum (60%)₹79.61 L
- Annuity corpus (40%)₹53.07 L
- Est. monthly pension₹30,959
Hover any bar for the yearly breakup.
Projection only. NPS returns are market-linked (equity + corporate debt + gilts); annuity pensions are taxable as salary. Extra ₹50k deduction u/s 80CCD(1B) over the ₹1.5L 80C limit.
What this calculator answers
₹10,000 a month for 25 years at a 10% return builds about ₹1.33 crore; with 40% going to an annuity the lump sum is about ₹79.61 lakh, the annuity corpus about ₹53.07 lakh and the estimated monthly pension about ₹30,959. Enter your contribution, return and annuity share to see the split.
How it is calculated
Contributions compound monthly at one-twelfth of the expected return. The corpus is then split at the annuity percentage you choose, and the monthly pension is the annuity corpus × the annuity rate ÷ 12.
A 7% annuity rate is assumed, and both the annuity share and the return are adjustable. NPS returns are market-linked and the annuity pension is taxable as salary.
Common questions
How much of the corpus must buy an annuity?
The slider defaults to 40% and can be set from 20% upward. Exit norms eased in December 2025 allow up to 80% as lump sum, but only 60% is tax-free — the extra 20% is taxed at your slab.
Is the NPS corpus tax-free?
Not entirely. The lump sum up to 60% is tax-free under Section 10(12A), while the annuity pension is taxable as salary, so the pension is shown separately from the corpus.
What extra deduction does NPS give?
A contribution under 80CCD(1B) is allowed up to ₹50,000 over and above the ₹1.5 lakh 80C cap, in the old regime only — the new regime allows just the employer contribution under 80CCD(2).
Source & freshness
- Source
- Deterministic formula in lib/calculators.ts
- Timeliness
- Static-verified
- Method
- calculated
- Note
- Illustrative projection from your inputs — not a market quote.