NPS Calculator India 2026
Calculate NPS corpus at retirement. Compare Tier I vs Tier II. Additional ₹50,000 deduction under 80CCD(1B).
Disclaimer: Results are estimates for informational purposes only. Market conditions and interest rates vary. Consult a SEBI-registered financial advisor before making investment decisions.
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About NPS Calculator 2026
Calculate NPS corpus at retirement with assumed returns for equity (E), corporate bonds (C), and government securities (G). Shows annuity vs lump sum split at age 60. Includes tax benefit under Section 80CCD(1B) — additional ₹50,000 deduction over and above 80C limit.
The National Pension System is a market-linked retirement scheme where your contributions are invested across equity (E), corporate bonds (C), and government securities (G) in a ratio you choose, subject to a cap on equity exposure that reduces automatically as you approach retirement age under the auto-choice option. NPS offers an additional ₹50,000 tax deduction under Section 80CCD(1B), over and above the ₹1.5 lakh limit under Section 80C, making it one of the few ways to claim tax deduction beyond the standard 80C ceiling. At retirement, at least 40% of the accumulated corpus must be used to purchase an annuity (providing regular pension income), while the remaining portion can typically be withdrawn as a lump sum. This calculator projects your NPS corpus at retirement based on your chosen asset allocation and contribution amount.
How to use
- Enter your figures in the input fields — the result recalculates instantly as you type, no submit button needed.
- Double-check which financial year or rate the tool is using, shown near the result, since tax and interest rates change periodically.
- Use the "Next step" workflow links below to move into a related calculation, like comparing this result against another instrument.
- Share your result via WhatsApp or Twitter using the buttons above if you need to send it to someone else.
- Everything is calculated locally in your browser — your financial figures are never sent to any server.
Tool details
⚡ Next step — complete your workflow
Expert note — India 2026
NPS 80CCD(1B) gives ₹50,000 additional deduction beyond ₹1.5L 80C limit. At 30% tax slab, this saves ₹15,600/year extra — effectively making NPS the highest tax-saving instrument.
Frequently asked questions
What is the NPS return rate?
Historical: Equity (E) ~12-14%, Corporate Bonds (C) ~9-10%, Govt Securities (G) ~8-9%. Active choice allows up to 75% equity allocation till age 50.
How much of NPS corpus is tax-free at retirement?
60% lump sum withdrawal at age 60 is completely tax-free. Remaining 40% must be used to buy annuity (monthly pension), which is taxable as income.
NPS vs PPF — which is better for retirement?
NPS offers higher potential returns (equity exposure) and extra ₹50K tax benefit. PPF is EEE — fully tax-free but capped at ₹1.5L/year. For retirement corpus, NPS generally wins over 25+ years.
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