NPS Calculator
Estimate your National Pension System corpus and the mandatory annuity split at retirement.
NPS returns are market-linked (equity + debt mix) and not guaranteed — the rate here is an assumption you supply, not a promised return. By current NPS rules, at least 40% of the corpus must be used to purchase an annuity at retirement; the rest can be withdrawn as a lump sum.
How this works
Future value = P × [((1+r)n − 1) ÷ r] × (1+r), the same SIP-style formula applied monthly until retirement age 60. The resulting corpus is then split by your chosen annuity percentage (minimum 40% by rule) into a mandatory annuity purchase and a lump-sum withdrawal.
Frequently asked questions
Is the lump-sum withdrawal taxable?
Under current rules, up to 60% of the corpus can typically be withdrawn tax-free as a lump sum; the annuity portion is used to generate a pension, which is then taxed as regular income when received.
Can I choose more than 40% for the annuity?
Yes — 40% is the minimum required; you can choose to annuitize more (up to 100%) if you want a larger guaranteed pension instead of a lump sum.