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NPS Calculator
National Pension System corpus at your exit age, the tax-free lump sum, the monthly pension, the tax on it and its value in today's money.
Breakdown
Growth over time
Year by year
How this is calculated
Contributions compound monthly at the return minus fund charges until the exit age. At least 40% of the corpus must buy an annuity; up to 60% can be taken as a tax-free lump sum. Pension = annuity amount × annuity rate ÷ 12, and it is taxed at your slab. Real pension = pension ÷ (1 + inflation)^years to exit.
What the letters mean: P = monthly contribution (yours + employer), i = (return − charges) ÷ 12, n = months to exit age. Corpus = Σ P × (1 + i)^(months left), with P rising by the step-up % each year.
Timing: Contributions are made at the start of each month; the pension is paid monthly from the exit age.
Default values: Monthly contribution: ₹5,000 · Current age: 30 yrs · Retirement (exit) age: 60 yrs · Expected return (p.a.): 10 % · Annuity share (min 40%): 40 % · Annuity rate: 6 % · Raise contribution every year by: 0 % · Employer contribution (monthly): ₹0 · Fund charges (yearly): 0.1 % · Inflation (to see real pension): 6 % · Tax slab after retirement (pension is taxed): 10 %
Results are estimates, not investment or tax advice. Real returns go up and down; interest rates, taxes and charges change the actual amount. Please check with a CA or the income tax portal before filing.