NPS Calculator
Project your National Pension System corpus at retirement, then see the mandatory annuity split — how much you can withdraw as a lump sum, and the monthly pension the rest buys.
Your numbers
₹
years
%/yr
NPS equity-heavy allocations have historically run 9–11%/yr; conservative allocations lower.
%
At least 40% is mandatory; the rest can be withdrawn as a tax-free lump sum.
%/yr
What the annuity provider pays out yearly on the amount annuitized — check current rates when you're closer to retirement.
Result — with the workings shown
Corpus at retirement
₹56.06 L
Tax-free lump sum
₹33.63 L
60% of corpus
Monthly pension
₹12,145
for life, from the annuity
How this is worked out
Investing ₹5,000/mo for 25 years at 9.0%/yr builds a corpus of ₹56.06 L. You're required to put at least 40% (₹22.42 L) into an annuity, and can take the remaining ₹33.63 L as a tax-free lump sum. At an annuity rate of 6.5%/yr, that annuitized amount pays you ₹12,145/mo for life.
The annuity payout is taxable income once you start receiving it, and annuity rates fluctuate over decades — this uses today's typical rate as a placeholder for one that's likely 20–30 years away.
Terms used on this page
- NPS
- National Pension System — a government-regulated retirement scheme where your contributions are invested in market-linked funds until retirement.
- Annuity
- A financial product that pays you a fixed income (like a pension) for life, bought with a lump sum. NPS forces you to buy one with part of your corpus.
- Corpus
- The total invested amount you've built up by retirement — contributions plus all the growth on them.