Calculate your NPS corpus at retirement and estimated monthly pension. NPS gives tax benefits under Section 80C + additional ₹50,000 under 80CCD(1B).
| Investment Period | — |
| Total Contributed | — |
| Total Returns | — |
| Total Corpus | — |
| Lumpsum (60% — Tax Free) | — |
| Annuity Purchase (40%) | — |
| Monthly Pension (est.) | — |
You contribute monthly until age 60. At 60, you must use at least 40% of the corpus to buy an annuity (monthly pension). Up to 60% can be withdrawn as a tax-free lump sum. The annuity rate (typically 5–7%) determines your monthly pension.
Section 80C: Up to ₹1.5 lakh (combined with other 80C investments). Section 80CCD(1B): Additional ₹50,000 exclusively for NPS — total benefit ₹2 lakh. Employer contribution under 80CCD(2): Up to 10% of salary (no upper limit) — most powerful NPS tax benefit.
NPS offers higher potential returns (market-linked) but with lock-in until 60 and mandatory annuity. PPF offers guaranteed 7.1% returns with full liquidity after 15 years and 100% lump sum withdrawal. NPS is better for retirement income; PPF is better for medium-term goals.
Q: Can I withdraw NPS before 60?
A: Partial withdrawal (25% of self-contribution) is allowed after 3 years for specific purposes (education, marriage, medical, house). Early exit before 60 requires 80% annuity purchase.
Q: What is the minimum NPS contribution?
A: ₹500 per month (Tier 1). Annual minimum is ₹6,000. Tier 2 (voluntary savings) minimum is ₹250.
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