NPS Calculator — Plan Your Retirement Corpus with NPS
Calculate NPS maturity amount and monthly pension estimate. Understand Tier I and Tier II accounts and additional Rs 50000 tax benefit under Section 80CCD(1B).
The National Pension System is a government-sponsored retirement savings scheme that offers one of the best combinations of tax benefits and market-linked returns in India. NPS allows you to invest in equity corporate bonds and government securities based on your risk appetite. The additional tax deduction of Rs 50000 under Section 80CCD(1B) over and above the Rs 1.5 lakh limit of 80C makes NPS extremely attractive for tax planning especially for those in the 30% tax bracket.
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Key Information
| Parameter | Details |
|---|---|
| Additional Tax Benefit 80CCD(1B) | Rs 50000 (above 80C limit) |
| Equity Returns (Historical) | 9% - 12% CAGR |
| Corporate Bond Returns | 8% - 10% CAGR |
| Government Securities Returns | 7% - 8% CAGR |
Plan your NPS retirement corpus
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Use Calculator NowFrequently Asked Questions
How much pension will I get from NPS?
Your monthly pension depends on your total corpus and the annuity rate at retirement. If you invest Rs 5000 per month from age 25 to 60 at 10% expected return your corpus would be approximately Rs 1.14 crore. You must use 40% of the corpus to buy an annuity and can withdraw 60% tax-free. The annuity portion would provide roughly Rs 30000-38000 per month pension.
Can I withdraw from NPS before retirement?
Partial withdrawal from NPS Tier I is allowed after 3 years for specific reasons like children education marriage medical treatment or home purchase. You can withdraw up to 25% of your own contributions. The withdrawal is tax-free. Complete exit before 60 is allowed after 5 years but 80% of the corpus must be used to buy an annuity.
Is NPS better than PPF?
NPS offers potentially higher returns (9-12% in equity option) compared to PPF (7.1%) but carries market risk. NPS provides an additional Rs 50000 tax benefit under 80CCD(1B) beyond the 80C limit. However PPF maturity is 100% tax-free while NPS annuity income is taxable. A combination of both gives optimal tax benefits and risk-return balance.
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Last updated: 24 March 2026