NPS Calculator
What pension will NPS actually pay me?
Corpus at retirement
₹2.08Cr
Two crore seven lakh ninety two thousand nine hundred twenty seven
Lump sum (60%)
₹1.25Cr
One crore twenty four lakh seventy five thousand seven hundred fifty six
withdrawable
Annuity (40%)
₹83.17L
Eighty three lakh seventeen thousand one hundred seventy one
mandatory
Monthly pension
₹41,586
Forty one thousand five hundred eighty six
at 6% annuity rate
What this actually means at 60
You can take ₹1.25Cr as a tax-free lump sum. The remaining ₹83.17L must buy an annuity — this is not optional — which pays roughly ₹41,586 a month before tax. Annuity income is taxable at your slab rate.
Your contributions
Ten thousand
Thirty
Ten
Six
The annuity rate is what an insurer will offer decades from now. Nobody knows it. Treat it as an assumption to stress-test, not a number to rely on.
Corpus build-up
You contribute ₹36.00L and end with ₹2.08Cr — ₹1.72Cr of that is growth.
What this calculation assumes
- •At 60, 60% of the corpus may be withdrawn as a tax-free lump sum and 40% must buy an annuity. This split is a statutory requirement.
- •The annuity rate is an assumption about a future insurer quote, not a guarantee.
- •Annuity income is taxable at your slab rate in the year you receive it.
- •Employer contributions under 80CCD(2) are not modelled separately — include them in your monthly figure if applicable.
- •Returns are constant. Actual NPS returns vary with your chosen equity, corporate debt and government securities mix.
About this calculator
Corpus at retirement, the mandatory 60/40 lump-sum and annuity split, and the monthly pension the annuity buys.