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Retirement Goal

NPS Calculator India (National Pension System)

Estimate your pension wealth, tax-free lump sum withdrawal, and monthly pension. Plan your retirement with equity and debt allocation expectations.

Check My Pension
NPS Tier-1 Planner
10,000
30
10%

Total Investment

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Total Pension Corpus

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Lump Sum Withdrawal (60%)

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Monthly Pension Amount

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Corpus Distribution Chart

NPS Withdrawal & Benefit Rules

The National Pension System (NPS) is a long-term retirement tool that helps you build a substantial corpus. Upon reaching age 60, you can withdraw up to 60% as a tax-free lump sum.


NPS Key Features:
1. Equity Exposure: You can choose your allocation towards equity, corporate bonds, and govt securities.
2. Tax Perks: Save tax under Sec 80C (up to 1.5L) and Sec 80CCD(1B) (additional 50,000).
3. Annuity: At least 40% of the corpus must be used to buy an annuity to receive a monthly pension.


This calculator assumes monthly compounding and linear growth to estimate the maturity value at age 60.

Is NPS withdrawal fully tax-free?

Yes. Currently, the 60% lump sum withdrawal at age 60 is entirely tax-exempt. The 40% used for annuity is also not taxed at the time of purchase, though the subsequent pension income is taxed as per your income slab.

Can I withdraw from NPS before 60?

Partial withdrawals are allowed after 3 years for specific purposes (education, illness, house purchase). Premature exit is allowed but requires 80% to be used for annuity purchase.