Savings Calculators

NPS Calculator

Project the NPS corpus at retirement and the monthly pension you can draw via the mandatory annuity.

About the calculator

What is the NPS Calculator?

The NPS Calculator is a free online tool that helps you make informed decisions about your money. Enter your numbers and the calculator gives you instant, accurate results.

Use it to compare scenarios, plan goals and validate assumptions — all without signing up.

Formula used
  • NPS corpus
    FV = monthly × [((1+r/12)ⁿ − 1)/(r/12)] × (1+r/12)
  • Pension
    Monthly pension = (40% corpus × annuity rate) / 12

Why use the NPS Calculator?

Financial planning works only when it's specific. The NPS Calculator converts assumptions into concrete numbers — so you can choose between scenarios with confidence rather than guesswork.

How it helps

By tweaking inputs and instantly seeing the impact, you build intuition for how the underlying variables interact. This is far more useful than abstract formulas alone.

What to remember

Calculators show possible outcomes based on the assumptions you provide. Real-world results may vary; review your plan periodically and adjust as your income, goals and circumstances evolve.

Frequently Asked Questions

National Pension System — a govt-regulated retirement scheme with equity + debt allocation.
₹50,000 additional deduction under 80CCD(1B) beyond 80C.
Mandatory 40% annuity, max 60% lumpsum.
60% lumpsum is tax-free; annuity income is taxed at slab.
Yes, with restrictions and partial annuity purchase.
Tier 1 is retirement (locked); Tier 2 is voluntary with no tax benefit.

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