NPS calculator
The National Pension System is a low-cost, government-regulated retirement plan open to every Indian aged 18 to 70. You contribute regularly until 60; the money is invested in a mix of equity and bonds; and at retirement the corpus is split between a lump sum and an annuity that pays a monthly pension. ThisNPS calculator shows how large your corpus could become and roughly what pension it could buy.
How to use it
- Enter your monthly contribution and your age today.
- Set how much you'll increase it each year and the return you expect.
- Enter the annuity share and rate to estimate the monthly pension.
How the result is worked out
Corpus = SIP growth of your contributions till 60 · Pension = Annuity share × Annuity rate ÷ 12
Example
A 30-year-old contributing ₹5,000 a month, rising 5% a year, at a 10% return builds a corpus of about ₹1.8 crore by 60 on these assumptions. With 40% used to buy an annuity at 6.5%, that's a pension of roughly ₹39,000 a month, plus a lump sum of about ₹1.08 crore. Remember that ₹39,000 in 30 years will buy much less than today — check with the inflation calculator, and see the full picture with the retirement calculator.
Disclaimer: Results are estimates for educational purposes only and are not financial, investment or tax advice. Please verify with your bank, broker or a SEBI-registered adviser before acting. Read the full disclaimer.