NPS Calculator

Plan your retirement with the National Pension System. Estimate your wealth and monthly income.

What is the National Pension System (NPS)?

NPS is a voluntary, long-term retirement savings scheme designed to enable systematic savings during your working life. It is regulated by the PFRDA and offers a mix of equity, corporate bonds, and government securities.

Tax Benefits of NPS

NPS is highly popular in India due to its triple tax benefits:

  • Section 80C: Contributions up to ₹1.5 Lakh are eligible for deduction.
  • Section 80CCD(1B): An exclusive additional deduction of up to ₹50,000 is available for NPS subscribers.
  • Maturity: 60% of the corpus can be withdrawn tax-free at age 60, while the remaining 40% must be used to purchase an annuity (monthly pension).

Investment Choices

Subscribers can choose between Active Choice (where you decide the asset allocation) and Auto Choice (where the allocation changes automatically based on your age). Equity exposure is capped at 75% for private sector subscribers.

The Power of Low Costs

One of the biggest advantages of NPS is its extremely low investment management fee (among the lowest in the world), which significantly boosts your final corpus over 20-30 years compared to traditional mutual funds.

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