MyAIUtility

NPS Calculator

Calculate your National Pension System retirement corpus and monthly pension

Investment Details

Minimum ₹500/month for Tier I

6%10%14%

Minimum 40% must be used for annuity

Total Investment

₹18.00 L

Total Corpus

₹1.14 Cr

Lump Sum (Tax Free)

₹68.38 L

Monthly Pension

₹22,793

Corpus Breakdown

Investment: ₹18.00 LInterest: ₹95.97 L

At Retirement

Total Corpus₹1.14 Cr
Annuity Purchase (40%)₹45.59 L
Lump Sum Withdrawal₹68.38 L
Monthly Pension₹22,793/month

Wealth Multiplier

6.3x

Your investment of ₹18.00 L grows to ₹1.14 Cr

About NPS

Tax Benefits

  • Deduction up to ₹1.5 lakh under Section 80C
  • Additional ₹50,000 under Section 80CCD(1B)
  • Employer contribution deductible under 80CCD(2)
  • 60% lump sum withdrawal is tax-free

NPS Rules

  • Minimum 40% must be used to buy annuity
  • Withdrawal allowed after age 60
  • Partial withdrawal allowed after 3 years
  • Choose from Equity, Corporate Bonds, or Government Securities