NPS Calculator

Calculate National Pension Scheme returns, maturity amount, and monthly pension with tax benefits under Section 80CCD

Expected yearly increase in contribution

NPS Maturity Analysis

₹0.00 Maturity Corpus
₹0.00 Total Investment
₹0.00 Wealth Gain
Investment Period: 0 years
Expected Return Rate: 0.00% p.a.
Growth Multiple: 0.00x
Current rates: 5.5% - 7%

Pension Analysis

₹0.00 Monthly Pension
₹0.00 Lump Sum (60%)
₹0.00 Annuity Amount
Annual Pension: ₹0.00
Pension Years: 0 years
Total Pension Received: ₹0.00
Section 80CCD(1) - Up to 10% of salary
Section 80CCD(1B) - Up to ₹50,000
Section 80CCD(2) - Up to 14% of salary

Tax Benefits Analysis

₹0.00 Total Tax Savings
₹0.00 Section 80CCD(1)
₹0.00 Section 80CCD(1B)
Total NPS Investment: ₹0.00
Effective Investment Cost: ₹0.00
Tax Efficiency: 0.00%

How to Use the NPS Calculator

Our comprehensive NPS calculator provides essential tools for retirement planning through National Pension Scheme:

🎯 NPS Returns Calculator

Calculate NPS maturity corpus using compounding formula with variable contributions. NPS offers market-linked returns: Equity (E) - up to 75%, Corporate Bonds (C) - up to 100%, Government Securities (G) - up to 100%. Average returns: 10-12% long-term.

💰 Pension Planner

Calculate monthly pension from NPS corpus. At retirement: 60% lump sum (tax-free), 40% mandatory annuity purchase for pension. Annuity rates: 5.5-7% currently. Choose from life annuity, joint life, or return of purchase price options.

💸 Tax Benefits Calculator

Calculate NPS tax savings: Section 80CCD(1) - up to 10% of salary, 80CCD(1B) - additional ₹50,000, 80CCD(2) - employer contribution up to 14% salary. Total benefit up to ₹3.5L+ tax deduction annually. EET taxation.

NPS Advantages: Low cost (0.01-0.09% expense ratio), professional fund management, portable across jobs, partial withdrawal after 3 years, tax-free lump sum at exit. Suitable for long-term wealth creation and retirement planning.

Frequently Asked Questions

What are the tax benefits of investing in NPS?
NPS offers triple tax benefits: Section 80CCD(1) - up to 10% of salary, Section 80CCD(1B) - additional ₹50,000, Section 80CCD(2) - employer contribution up to 14% salary. Lump sum at exit is tax-free up to 60%. Remaining corpus used for annuity.
What happens to NPS at retirement?
At retirement (60-75 years), you can withdraw up to 60% as tax-free lump sum. Remaining 40% must be used to purchase annuity for monthly pension. You can choose from different annuity options like life annuity, joint life, or with return of purchase price.
How are NPS returns calculated and what are expected returns?
NPS returns depend on asset allocation: Equity (E) up to 75%, Corporate bonds (C), Government securities (G). Historical returns: Aggressive funds 10-12%, Conservative 8-9%. Returns are market-linked and not guaranteed. Compounding over long term maximizes corpus.
Can I withdraw money from NPS before retirement?
Partial withdrawal allowed after 3 years for specific needs: children's education, marriage, medical emergency, house purchase. Up to 25% of contributions can be withdrawn. Premature exit allowed after 10 years with 80% corpus for annuity, 20% lump sum.
What are the charges in NPS and how cost-effective is it?
NPS has very low charges: Fund management 0.01-0.09%, Trustee bank 0.0009%, NPS Trust 0.005%. Total expense ratio around 0.1-0.2%, much lower than mutual funds (1-2%). This low-cost structure significantly enhances long-term returns through compounding.