NPS Maturity Calculator
Plan your retirement savings and estimate your pension with our National Pension Scheme calculator
Smart Retirement Planning
The National Pension Scheme (NPS) is India’s voluntary retirement savings scheme designed to provide pension income while offering tax benefits.
Key Benefits:
- Tax benefits under Section 80C and 80CCD
- Flexible contribution amounts
- Market-linked returns
- Option to choose investment mix
How to Use
- Enter your monthly contribution
- Set expected annual return rate
- Enter your current age
- Optionally set annual increase %
- Click “Calculate” to see results
Your NPS Retirement Projection
Detailed breakdown of your retirement corpus growth
Total Contribution Years
0
Total Investment
₹0
Interest Earned
₹0
Net Gain
₹0
Maturity Corpus
₹0
Monthly Pension
₹0
Year-by-Year Breakdown
| Year | Investment (₹) | Interest (₹) | Balance (₹) |
|---|
Corpus Growth Visualization
Why Use Our NPS Calculator?
Get accurate projections to make informed retirement planning decisions
Flexible Contributions
Calculate returns for fixed or increasing monthly contributions with our flexible calculator.
Detailed Breakdown
See exactly how your retirement corpus grows each year with comprehensive analysis.
Pension Estimation
Understand your potential monthly pension based on NPS withdrawal rules.
Shareable Results
Easily share your retirement plan with family or financial advisors.
Benefits of NPS Investment
Why the National Pension Scheme is a smart choice for retirement planning
Regulated by PFRDA
NPS is regulated by the Pension Fund Regulatory and Development Authority, ensuring safety and transparency.
Tax Advantages
Enjoy tax benefits under Section 80C (₹1.5 lakh) and additional ₹50,000 under Section 80CCD(1B).
Market-Linked Returns
Potential for higher returns compared to traditional fixed-income products.
Flexible Investment Options
Choose between Active (self-managed) or Auto (lifecycle) investment options.
Partial Withdrawals
Withdraw up to 25% of contributions after 3 years for specific needs.
Portable Across Jobs
Your NPS account stays with you regardless of employment changes.
Understanding NPS (National Pension Scheme)
The National Pension Scheme (NPS) is a government-sponsored pension scheme that helps you save for retirement while offering attractive tax benefits. Our NPS calculator helps you estimate the retirement corpus you can accumulate and the pension you can expect.
How NPS Works
NPS is a long-term retirement-focused investment product with the following features:
- Eligibility: Open to all Indian citizens between 18-70 years
- Minimum Contribution: ₹500 per month or ₹1,000 per year
- Maximum Contribution: No upper limit (tax benefits up to ₹2 lakh)
- Withdrawal Rules: 60% lump sum (taxable), 40% must be used to buy annuity
- Tax Benefits: EET (Exempt-Exempt-Taxable) structure with upfront benefits
Key Features of NPS
The National Pension Scheme offers several unique benefits for retirement planning:
- Two Account Types: Tier I (pension account with withdrawal restrictions) and Tier II (voluntary savings account)
- Investment Choices: Active choice (select asset allocation) or Auto choice (lifecycle based)
- Fund Managers: Multiple pension fund managers to choose from
- Low Cost: One of the lowest cost pension products globally
- Annuity Options: Multiple annuity service providers at maturity
Why Use an NPS Calculator?
Our NPS retirement calculator helps you:
- Project your potential retirement corpus based on regular contributions
- Understand the power of compounding in long-term retirement planning
- Plan your monthly contributions to meet retirement goals
- Estimate your potential monthly pension income
- Compare different contribution and return scenarios
By using our calculator, you can make informed decisions about your NPS contributions and retirement planning strategy.
Frequently Asked Questions
Common queries about NPS investments and our calculator
NPS returns vary by fund option and fund manager. Historically, equity funds have returned 9-12%, corporate bonds 8-9%, and government securities 7-8%. Our calculator lets you input your expected return rate.
Yes, our calculator allows you to specify an annual increase percentage to account for salary growth or increased savings capacity.
At maturity, you can withdraw up to 60% of the corpus tax-free (up to ₹5 lakh under Section 10(12A)), and must use at least 40% to purchase an annuity that provides regular pension income.
NPS has a minimum tenure until age 60. Early exit is permitted after 10 years with certain conditions, but only 20% of the corpus can be withdrawn tax-free in such cases.
While both offer tax benefits, NPS is market-linked with potentially higher returns but carries market risk. PPF offers fixed returns. NPS has withdrawal restrictions while PPF allows partial withdrawals after 6 years.
Yes, you can continue contributions until age 70. At exit, the same withdrawal rules apply (60% withdrawal, 40% annuity purchase).
60% of the corpus is tax-free (up to ₹5 lakh). The remaining 40% used to purchase annuity is tax-free, but the pension received is taxable as income. Additional withdrawals beyond 60% are taxable.
Active choice lets you select your asset allocation (E,C,G classes). Auto choice automatically adjusts allocation based on your age. Beginners may prefer Auto choice while experienced investors may opt for Active.
