NPS Calculator
🏦 NPS Calculator 2026: National Pension Scheme
Calculate NPS Pension & Lump Sum Amount at Retirement
💵 Lump Sum Withdrawal
📅 Annuity Purchase
💰 NPS Tax Benefits
| Section | Benefit | Limit |
|---|---|---|
| 80CCD(1) | Employee contribution | Up to 10% of salary (within 80C limit of ₹1.5L) |
| 80CCD(1B) | Additional NPS contribution | ₹50,000 (over and above 80C) |
| 80CCD(2) | Employer contribution | Up to 14% of salary (Govt) / 10% (Private) |
📊 NPS Asset Classes
| Class | Investment | Risk |
|---|---|---|
| E | Equity | High |
| C | Corporate Bonds | Medium |
| G | Government Securities | Low |
| A | Alternative Assets | High |
Investment Choices
- Active Choice: You decide allocation
- Auto Choice: Age-based auto rebalancing
- Max equity: 75% (up to age 50)
- Equity reduces as you age
NPS Calculator: Plan Your Retirement with National Pension System
The National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable systematic savings during your working life. It's regulated by PFRDA (Pension Fund Regulatory and Development Authority).
Why Choose NPS?
- Additional Tax Benefit: Extra ₹50,000 deduction under 80CCD(1B)
- Low Cost: One of the lowest fund management charges (0.01%)
- Flexible: Choose your own asset allocation
- Portable: Same account across jobs and locations
- Regulated: Government-backed and PFRDA regulated
NPS Withdrawal Rules
- At 60: Withdraw 60% as lump sum (tax-free), 40% for annuity
- Before 60: Only 20% lump sum, 80% for annuity
- Partial Withdrawal: Allowed after 3 years for specific purposes
Frequently Asked Questions
Frequently Asked Questions
What is the National Pension System and how to calculate pension?
The National Pension System (NPS) is a retirement savings scheme. You can use our NPS calculator to estimate your monthly pension and lump sum withdrawal amount for 2026 based on your contributions.
How does the NPS calculator work?
This calculator projects your potential retirement corpus based on your monthly contributions, age, and expected returns. It also shows the estimated lump-sum amount you can withdraw at retirement and the expected monthly pension you will receive.
What are the expected returns in NPS?
NPS returns are market-linked and depend on the performance of your chosen pension fund and asset allocation (equity, corporate bonds, government securities). Historically, returns have been in the range of 9-12% per annum.
How much can I withdraw at retirement?
At age 60, you can withdraw up to 60% of your total corpus as a tax-free lump sum. The remaining 40% must be used to purchase an annuity plan, which will provide you with a regular monthly pension.
What are the tax benefits of investing in NPS?
NPS offers attractive tax benefits. You can claim deductions under Section 80C (up to ₹1.5 Lakh), and an additional exclusive deduction of up to ₹50,000 under Section 80CCD(1B), making it a powerful tax-saving instrument.
This NPS calculator is for informational and educational purposes only. The calculations are based on assumed returns which may vary from actual NPS returns. NPS returns depend on market conditions and fund manager performance. Tax benefits are subject to changes in tax laws. The minimum annuity purchase requirement and withdrawal rules are as per current PFRDA regulations and may change. Always verify with official NPS sources (npscra.nsdl.co.in) for the latest rules. Consult a financial advisor for personalized retirement planning advice.