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Finance Calculators

NPS Calculator

Verified formula Updated Jun 2026 Private — runs on your device

Enter details
₹
%
years
%
Verified formula Private

Total corpus at 60

₹1,13,96,627

Total invested
₹18,00,000
Lump sum at 60 (60%)
₹68,37,976
Monthly pension (40% annuity)
₹22,793

For general information only — not financial, tax, legal or medical advice. Verify before you rely on it.

How to use the NPS Calculator

The NPS Calculator works out your total corpus at 60, along with 3 related figures in an instant. Enter monthly contribution, expected return (p.a.) and current age and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.

  1. Enter the monthly contribution.
  2. Enter the expected return (p.a.).
  3. Enter the current age.
  4. Enter the annuity return (p.a.).
  5. Read off your total corpus at 60, together with total invested, lump sum at 60 (60%) and monthly pension (40% annuity) — the calculator updates automatically, with no button to press.

Worked example

For example, with monthly contribution of ₹5,000, expected return (p.a.) of 1%, current age of 30 years and annuity return (p.a.) of 6%, the total corpus at 60 is ₹1,13,96,627.

Inputs used
Monthly contribution ₹5,000
Expected return (p.a.) 1%
Current age 30 years
Annuity return (p.a.) 6%
Results
Total corpus at 60 ₹1,13,96,627
Total invested ₹18,00,000
Lump sum at 60 (60%) ₹68,37,976
Monthly pension (40% annuity) ₹22,793

Results are estimates for educational use, not professional advice.

Key terms explained

Lumpsum
A single one-time investment, as opposed to investing in regular instalments.

Frequently asked questions

Contributions are compounded monthly until age 60 using the future value of a monthly investment. At 60, at least 40% must buy an annuity and up to 60% can be withdrawn as a tax-free lump sum.

The 40% annuity portion is multiplied by the assumed annuity rate and divided by 12 to give an indicative monthly pension. The actual pension depends on the annuity plan you choose at retirement.

Under current rules the 60% lump sum withdrawn at 60 is tax-free. The annuity you receive as pension is taxed as income in the year you receive it.

Yes. NPS is flexible — you can change the amount and frequency of contributions. A higher contribution or a longer horizon significantly increases the final corpus through compounding.

Enter the monthly contribution. Enter the expected return (p.a.). Enter the current age. Enter the annuity return (p.a.). Read off your total corpus at 60, together with total invested, lump sum at 60 (60%) and monthly pension (40% annuity) — the calculator updates automatically, with no button to press.

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