NPS Calculator
National Pension System retirement corpus, lump sum and annuity projection
Key Features & Calculation Guidance
Key features: Pension Corpus, Lump Sum, Annuity Planning. Free, 100% browser-based — no login required.
Frequently Asked Questions
Is 40% annuity still compulsory for every normal NPS exit?
No. PFRDA's current All Citizen normal-exit framework allows up to 80% lump sum and requires at least 20% annuity in the general case, with separate provisions for smaller corpus amounts. Older 60%/40% descriptions can therefore be outdated for this model.
Why can I increase my NPS contribution every year?
Many subscribers raise retirement savings as salary increases. The step-up option shows the impact of increasing contributions instead of assuming the same monthly amount for decades.
Is the monthly pension guaranteed?
No. The pension shown is an illustration based on the annuity corpus and the annuity rate you enter. Actual annuity income depends on rates available at exit, the insurer and the annuity option selected.
Does NPS still have a tax benefit under the new tax regime?
Employer contribution eligible under section 80CCD(2) can qualify for deduction under the new regime subject to applicable limits. Personal contribution deductions such as 80CCD(1) and 80CCD(1B) are generally associated with the old-regime deduction framework.
How is my NPS annuity amount calculated?
Your annuity corpus (the portion of your total NPS corpus used for annuity, at least 20% under the current normal-exit framework) is used to purchase an annuity plan from a PFRDA-empanelled Annuity Service Provider. Your monthly pension is approximately the annuity corpus multiplied by the annuity rate quoted by that provider, divided by 12. This calculator lets you adjust the annuity percentage and rate to see the effect on your estimated monthly pension.
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