NPS Calculator
What your National Pension System account could grow to by 60, the lump sum you can take under the 2025 exit rules, and the pension from the rest.
Result
Corpus at exit: ₹2,27,93,253Estimate
A projection at a steady return. The lump sum above 60% of the corpus is taxable, and annuity income is taxed as you receive it.
- Most you can take as a lump sum
- ₹1,82,34,603Estimate
- Used to buy an annuity
- ₹45,58,651Estimate
- Pension a month from the annuity
- ₹22,793Estimate
- Tax-free part of the lump sum
- ₹1,36,75,952Estimate
- Taxable part of the lump sum
- ₹45,58,651Estimate
- Total you put in
- ₹36,00,000Estimate
https://calcgallery.com/retirement-planning/nps-calculator/
Results are arithmetic on the returns, rates and horizons you enter, not a forecast and not investment, tax or retirement advice. The site supplies no expected return, inflation rate, contribution limit, tax rate or withdrawal rate. Real returns vary from year to year, and fees, taxes and the order of returns all change the outcome. Check anything that matters with a qualified adviser. Read the full disclaimer
How to use the NPS Calculator
- Enter what you put into NPS each month, your age now and the age you plan to exit, and any balance you already have.
- Set the return you expect and the annuity rate an insurer quotes. Both are assumptions, not promises.
- Choose whether you are a government employee, since the lump sum limit is lower for you.
- Read the corpus at exit, the most you can take as cash, the part that buys a pension, and how much of the cash is tax-free.
How the corpus is projected
Each month’s contribution is added at the start of the month and the whole balance grows by a twelfth of the yearly return you enter. After the last month the page has the corpus you would hold at exit, and the total you put in, so the gap between them is the growth.
Splitting the corpus at exit
The exit regulations set the most you may take as cash. The page applies them in this order:
- up to ₹8 lakh: all of it can be taken as cash
- over ₹8 lakh and up to ₹12 lakh: the larger of ₹6 lakh and 80% (60% for government employees)
- over ₹12 lakh: 80%, or 60% for government employees
Whatever is not taken as cash is shown as buying an annuity, and the monthly pension is that amount times the annuity rate, divided by twelve.
The tax on the lump sum
Under the Income-tax Act, 2025, the lump sum is exempt up to 60% of the corpus. For a non-government subscriber taking the full 80%, the last 20% of the corpus is taxable in the exit year at your slab rate. The page splits the cash into those two parts so you can decide whether to take less and leave the rest in an annuity or a phased withdrawal.
Limits
The projection ignores charges, changes in your contribution and changes in returns. Annuity rates are set by insurers on the day you buy and differ between plans with and without return of purchase price. This is an estimate for planning, not advice on which option to choose.
With your numbers
- The corpus grows monthly at the expected return; at exit up to 80% (60% for government) can be taken as cash and the rest buys an annuity
Quick reference
A projection at a steady return. The lump sum above 60% of the corpus is taxable, and annuity income is taxed as you receive it.
| Example | Corpus at exit |
|---|---|
| ₹10,000 a month from 30 | ₹2,27,93,253 |
| ₹5,000 a month from 25 | ₹1,91,41,384 |
| ₹20,000 a month from 40 | ₹1,53,13,938 |
| Government employee, ₹10,000 from 30 | ₹2,27,93,253 |
| ₹2,000 a month from 50 | ₹4,13,104 |
| ₹10 lakh saved, ₹10,000 from 45 | ₹86,33,162 |
Where the numbers come from
The fixed figures this calculator relies on, and the published source each one was checked against. How the calculators are built and checked
2 sources
PFRDA (Exits and Withdrawals under the NPS) Regulations 2015 as amended 16 December 2025, https://www.pfrda.org.in; PFRDA press release 19-12-2025
Used for
- NPS, non-government subscribers: most that can be taken as a lump sum at exit.
- NPS, government subscribers: most that can be taken as a lump sum.
- NPS: a corpus up to this can be withdrawn in full.
- NPS: a corpus up to this allows a lump sum of up to ₹6 lakh.
- NPS: lump sum allowed for a corpus between ₹8 lakh and ₹12 lakh.
Income-tax Act, 2025 as amended by the Finance Act 2026, https://www.incometaxindia.gov.in/documents/d/guest/income_tax_act_2025_as_amended_by_fa_act_2026-pdf, Schedule II Sl. 6
Used for
- NPS: share of the amount payable at exit that is exempt from tax.
Common questions about the NPS Calculator
- How much of my NPS can I withdraw at 60?
- Since PFRDA amended the exit regulations in December 2025, a subscriber in the All Citizen or corporate model can take up to 80% of the corpus as a lump sum and must use at least 20% to buy an annuity. Government employees can still take up to 60%, with at least 40% in an annuity.
- What if my corpus is small?
- A corpus of ₹8 lakh or less can be taken out in full. Between ₹8 lakh and ₹12 lakh you can take up to ₹6 lakh as cash and draw the rest over at least six years or buy an annuity, or use the ordinary 80% (or 60%) split. The page takes whichever gives the larger lump sum.
- Is the NPS lump sum tax-free?
- Only up to 60% of the amount payable at exit. Anything taken above that, which is now possible for non-government subscribers, is taxable as income in the year you take it. The pension the annuity pays is taxed as income every year you receive it.
- What return should I assume?
- NPS returns depend on your mix of equity, corporate bonds and government bonds and on the markets. The page compounds at one steady rate you choose, so try a lower rate as well to see a cautious outcome.
- Can I stay invested after 60?
- Yes. The regulations let you defer the exit, up to age 85. Set the exit age to model a later exit.