What is NPS?

NPS (National Pension Scheme) is a government-sponsored retirement savings scheme. It allows you to invest regularly during your working years and receive a pension after retirement. NPS is regulated by PFRDA.

NPS Key Features

• Entry Age: 18 to 70 years
• Minimum Contribution: ₹500/month or ₹1,000/year
• Lock-in: Until age 60
• Tax Benefit: Additional ₹50,000 deduction under 80CCD(1B)
• Returns: Market-linked (depends on fund choice)

NPS Investment Options

• Equity (E): Up to 75%, highest returns
• Corporate Bonds (C): Medium risk
• Government Securities (G): Low risk
• Alternative Assets (A): Real estate, REITs

At Retirement (Age 60)

• Minimum 40% must be used to buy annuity (monthly pension)
• Up to 60% can be withdrawn tax-free as lump sum
• Annuity income is taxable as per slab

Example: ₹5,000/month for 25 years at 10%

• Total invested: ₹15,00,000
• Estimated corpus: ~₹66,00,000
• Lump sum (60%): ₹39,60,000
• Annuity (40%): ₹26,40,000

Why Use Our NPS Calculator?

See your projected retirement corpus and monthly pension. Plan your retirement with realistic numbers.