NPS Calculator

You enter a monthly contribution, your current age and an expected annual return. The calculator assumes you pay the same amount every month until you turn 60, compounds it monthly, and then applies the exit rules for non-government subscribers to the corpus.

With the default inputs, ₹5,000 a month from age 30 at 10%, you pay in ₹18,00,000 over 30 years and the projected corpus at 60 is ₹1,13,96,627. About ₹95.97 lakh of that is growth, which is why your starting age matters more than almost any other input.

If your employer also pays into your NPS account, add its monthly amount to yours before you enter the contribution. The calculator has no separate field for it.

PFRDA amended the exit regulations in mid-December 2025. For All-Citizen and Corporate subscribers, what you can take as cash at 60 now depends on the size of the corpus:

All three examples use a 10% return. In the middle band the calculator shows the ₹6 lakh route; if you prefer the 80/20 route, take 80% and 20% of the corpus yourself.

The 80% limit is about how much you may withdraw, not how much is tax-free. As the rules stand in October 2026, according to published analyses, only 60% of the corpus is tax-free at exit. Anything you withdraw above that is added to your income for the year and taxed at your slab rate, and annuity income is taxed when you receive it. Confirm the current position with a tax adviser before you retire.

In the default example, the tax-free part is ₹68,37,976 and the remaining ₹22,79,325 of the lump sum is taxable. The same rule applies in the smallest band: of the ₹6,26,886 you can withdraw, ₹3,76,132 is tax-free and ₹2,50,755 is taxable. In the ₹8,35,849 example, 60% is ₹5,01,509, so taking the full ₹6,00,000 leaves ₹98,491 taxable.

Central and state government subscribers stay on the older split: 60% lump sum and 40% annuity. The calculator applies the non-government rules, so if you are a government employee, read the corpus and work out the split yourself. In the default example that is ₹68,37,976 as a lump sum and ₹45,58,651 for the annuity.

The calculator projects a Tier I account. As banks and registrars generally describe it, Tier I is the pension account that stays locked until 60 and carries the tax deductions, while Tier II is an optional savings account you can withdraw from at any time, with no deduction for non-government subscribers. Check the current Tier II terms with your point of presence before relying on them.

An employer contribution to your NPS (the deduction formerly under section 80CCD(2)) is deductible up to 14% of basic + DA under the new regime for all employees, and up to 10% under the old regime for private-sector employees (14% for government employees). Combined employer contributions to EPF, NPS and superannuation above ₹7.5 lakh a year are taxed as a perquisite.

The calculator does not model any of this. It also uses one flat return for the whole period, ignores inflation and does not estimate your pension, because that depends on the annuity rate when you buy it.