NPS Calculator

Min: ₹500 | Max: No upper limit
Equity: 9-12% | Corporate Bonds: 7-9% | Govt. Securities: 6-8%

NPS Projections

Total Contributions ₹18,00,000
Estimated Corpus ₹1,05,32,000
Estimated Returns ₹87,32,000
Annualized Return (CAGR) 10.00%

Asset Allocation

Equity 50%
Corporate Bonds 30%
Govt. Securities 20%

Yearly Growth

Year Age Contribution Returns Balance

About National Pension System (NPS)

The National Pension System (NPS) is a government-sponsored retirement savings scheme that helps you accumulate funds for your retirement. It offers market-linked returns with tax benefits under Section 80C and 80CCD.

Key Features

• Voluntary contribution-based pension system
• Two account types: Tier I (mandatory, with lock-in) and Tier II (voluntary, flexible)
• Partial withdrawal allowed after 3 years (up to 25% of contributions)
• Must purchase annuity with minimum 40% of corpus at retirement

Tax Benefits

• Tier I contributions eligible for deduction under Section 80CCD(1) up to ₹1.5 lakh
• Additional ₹50,000 deduction under Section 80CCD(1B)
• Employer contributions up to 10% of salary (Basic+DA) deductible under Section 80CCD(2)
• Maturity amount partially tax-free (60% tax-exempt, 40% taxable as annuity)

Withdrawal Rules

• Early exit allowed after 10 years (80% must be used to buy annuity)
• Normal exit at 60: 60% lump sum (tax-free), 40% annuity purchase mandatory
• Premature exit: 20% lump sum, 80% annuity purchase
• Partial withdrawal (up to 25%) allowed after 3 years for specific purposes