👴 NPS Calculator for India
Calculate returns on National Pension System (NPS)
How to Use This Calculator
Enter Monthly Contribution
Input your monthly NPS contribution amount.
Enter Expected Return
Input expected annual return rate (typically 8-12% for NPS).
Enter Investment Period
Input investment period until retirement (typically until age 60).
Formula
NPS Corpus = P × [((1 + r)^n - 1) / r] × (1 + r)
At retirement: 60% lump sum (tax-free) + 40% annuity
About NPS Calculator for India
The NPS Calculator calculates returns on National Pension System (NPS) investments in India. NPS is a voluntary retirement savings scheme that helps build retirement corpus through regular contributions. At retirement (age 60), you can withdraw 60% as lump sum (tax-free) and must use 40% to purchase an annuity for regular pension income.
NPS offers tax benefits under Section 80C (up to ₹1.5 lakh) and Section 80CCD(1B) (additional ₹50,000). The corpus grows through investments in equity, debt, and government securities, with expected returns typically ranging from 8-12% per annum depending on the investment choice.
When to Use This Calculator
- Retirement Planning: Calculate NPS corpus for retirement planning
- Tax Planning: Plan NPS investments for tax savings
- Financial Planning: Estimate retirement corpus and pension
Why Use Our Calculator?
- ✅ Accurate Calculations: Uses NPS accumulation formula
- ✅ Easy to Use: Simple interface for quick calculations
- ✅ Free Tool: No registration required
Frequently Asked Questions
What is NPS?
NPS (National Pension System) is a voluntary retirement savings scheme in India that helps build retirement corpus. At retirement (age 60), 60% can be withdrawn as lump sum (tax-free) and 40% must be used for annuity.
What are NPS tax benefits?
NPS offers tax benefits under Section 80C (up to ₹1.5 lakh) and Section 80CCD(1B) (additional ₹50,000). The 60% lump sum withdrawal at retirement is also tax-free.