NPS Calculator

How to Use NPS Calculator

1. Enter your current age and monthly contribution (e.g., ₹5,000). Set your expected annual return rate (default 10%).
2. Adjust the % of corpus for annuity slider (minimum 40%) and the expected annuity rate (default 6%).
3. Click Calculate. The tool compounds your monthly contributions up to age 60, then splits the final corpus.
4. View the total corpus at 60, lump‑sum withdrawal, and estimated monthly pension. Your total investment and interest earned are also displayed.

Benefits of NPS Calculator

• Accurately applies the mandatory 40% annuity purchase rule at age 60, showing exactly how much you can withdraw as a lump sum.
• Monthly compounding gives a more realistic projection of NPS growth than simple annual calculators.
• Adjustable annuity rate lets you model different scenarios depending on the insurer you choose.
• No login or personal data required; the calculation stays entirely in your browser.

Frequently Asked Questions

What is the minimum percentage of NPS corpus that must be used for annuity?

As per current regulations, at least 40% of the accumulated corpus must be used to purchase an annuity that provides a regular monthly pension.

How is the monthly pension from NPS calculated?

The annuity portion of your corpus is multiplied by the annuity rate (e.g., 6%) to get annual pension; dividing by 12 gives the monthly amount. The remaining 60% can be withdrawn as a lump sum.

Can I choose my own annuity provider at retirement?

Yes, you can select any empanelled annuity service provider. The calculator’s annuity rate is editable so you can enter the latest market rate.

Is NPS Calculator free and private?

Yes — it is 100% free, needs no sign-up, and everything runs in your browser; your data never leaves your device.