NPS Calculator
Project your NPS retirement corpus, estimate monthly pension, and calculate tax savings — updated with the latest December 2025 NPS withdrawal rules.
Return Scenarios
| Metric | 8% p.a. | 10% p.a. | 12% p.a. |
|---|---|---|---|
| Total Corpus | ₹2.40 Cr | ₹3.21 Cr | ₹4.42 Cr |
| Lump Sum | ₹1.44 Cr | ₹1.93 Cr | ₹2.65 Cr |
| Monthly Pension | ₹48,019 | ₹64,197 | ₹88,341 |
Tax Breakdown at Maturity
Frequently Asked Questions
How is the NPS retirement corpus calculated?
The calculator uses compound interest with monthly SIP contributions. It accounts for your existing corpus growth, annual step-up in contributions, and compounds returns monthly. The total corpus is then split into lump sum and annuity portions based on NPS rules (80/20 for non-govt, 60/40 for govt subscribers).
What are the latest NPS withdrawal rules?
As of December 2025, non-government subscribers can withdraw up to 80% as lump sum and must use 20% for annuity purchase. Government subscribers can withdraw 60% as lump sum with 40% for annuity. If total corpus is ₹8 lakh or less, you can withdraw 100%. 60% of the corpus is tax-free under Section 10(12A).
How does NPS save tax under Section 80CCD?
Under the Old Tax Regime, NPS investments qualify for deduction under 80CCD(1) within the ₹1.5 lakh Section 80C limit, plus an additional ₹50,000 under 80CCD(1B). Employer contributions qualify under 80CCD(2) up to 14% of basic salary for all employees (unified from FY 2025-26). Under the New Regime, only 80CCD(2) employer deduction is available.
What is a good expected return rate for NPS?
NPS equity schemes (Scheme E) have historically delivered 10-12% CAGR over long periods, while government securities schemes (Scheme G) deliver around 8-9%. Corporate bond schemes (Scheme C) typically return 9-10%. A blended estimate of 10% is commonly used for long-term projections.
What does annual step-up mean in NPS contributions?
Annual step-up increases your monthly NPS contribution by a fixed percentage each year, typically aligned with salary increments. For example, a 10% step-up on ₹5,000/month means ₹5,500 in Year 2, ₹6,050 in Year 3, and so on. This significantly boosts corpus growth over long periods.
How is the monthly pension estimated?
The monthly pension is estimated using a 6% annuity rate on the annuity portion of the corpus. For example, if your annuity corpus is ₹50 lakh, the estimated annual pension is ₹3 lakh (₹25,000/month). Actual pension depends on the annuity plan and provider you choose at retirement.
Disclaimer: This calculator is for illustrative purposes only. Actual returns may vary based on market conditions and fund performance. NPS rules are subject to change by PFRDA. Tax benefits are subject to changes in tax laws. Consult a financial advisor for personalized advice. The annuity rate of 6% is an estimate — actual rates depend on the annuity service provider chosen at retirement.
