NPS Calculator
NPS is unique among retirement instruments in India: part of your corpus at retirement must go toward buying an annuity for lifetime income, while the rest can be withdrawn tax-free. This calculator projects both pieces, your lump sum and your annuity-generating amount, along with the additional tax deduction NPS offers beyond regular 80C limits.
What is an NPS Calculator?
An NPS calculator projects the maturity value of a National Pension System account, a market-linked, government-regulated retirement scheme where contributions grow until retirement age, after which 40% of the corpus must be used to purchase an annuity for regular pension income, while up to 60% can be withdrawn as a tax-free lump sum. NPS also offers an additional tax deduction of up to 50,000 rupees under Section 80CCD(1B), over and above the regular 1.5 lakh rupee Section 80C limit.
NPS Is One Piece of a Bigger Retirement Puzzle
NPS is usually just one part of a family’s retirement plan, sitting alongside EPF, PPF, and personal mutual fund investments, often across both spouses if both are employed. Knowing one NPS account’s projected corpus doesn’t answer the more useful question: is the household’s combined retirement savings, across every instrument and every member, actually on track.
How WealthNest.AI Helps Beyond This Calculator
NPS is one of the account types that can connect automatically to WealthNest.AI through the RBI-regulated Account Aggregator framework, so your real NPS balance shows up alongside your family’s EPF, mutual funds, and other retirement savings in one place, without manual entry.
See this alongside every other account your family holds, all in one place. Download the WealthNest.AI app to get started.
Frequently Asked Questions
Find answers to common questions about our insurance services
Up to 60% of your corpus at retirement can be withdrawn as a tax-free lump sum. The remaining 40% or more must be used to purchase an annuity.
An additional deduction of up to 50,000 rupees under Section 80CCD(1B), separate from and in addition to the regular 1.5 lakh rupee Section 80C limit.
No. NPS returns are market-linked and depend on the fund choices and asset allocation you select, similar to a mutual fund, rather than a fixed, guaranteed rate.
It's used to purchase an annuity plan from an insurer, which then pays you a regular pension for life. The pension amount depends on the annuity rate at the time of purchase.
Yes. NPS is one of the account types that connects through the RBI-regulated Account Aggregator framework, so it can appear in your dashboard without manual entry.