👴 NPS Calculator for India
Calculate returns on National Pension System (NPS)
Instructions
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
Common 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 At retirement (age 60), 60% can be withdrawn as lump sum (tax-free) and 40% must be used for annuity.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.