NPS Calculator
National Pension System corpus at 60, the lump sum you can take out and the pension the rest buys.
Contributions are assumed at the start of each month until you turn 60. NPS returns are market-linked, so the corpus is an estimate, not a guarantee.
NPS corpus, year by year
| Year | Deposit | Total invested | Interest earned | Balance |
|---|---|---|---|---|
| Year 1 | ₹60,000 | ₹60,000 | ₹3,351 | ₹63,351 |
| Year 2 | ₹60,000 | ₹1,20,000 | ₹13,337 | ₹1,33,337 |
| Year 3 | ₹60,000 | ₹1,80,000 | ₹30,650 | ₹2,10,650 |
| Year 4 | ₹60,000 | ₹2,40,000 | ₹56,059 | ₹2,96,059 |
| Year 5 | ₹60,000 | ₹3,00,000 | ₹90,412 | ₹3,90,412 |
| Year 6 | ₹60,000 | ₹3,60,000 | ₹1,34,645 | ₹4,94,645 |
| Year 7 | ₹60,000 | ₹4,20,000 | ₹1,89,792 | ₹6,09,792 |
| Year 8 | ₹60,000 | ₹4,80,000 | ₹2,56,996 | ₹7,36,996 |
| Year 9 | ₹60,000 | ₹5,40,000 | ₹3,37,521 | ₹8,77,521 |
| Year 10 | ₹60,000 | ₹6,00,000 | ₹4,32,760 | ₹10,32,760 |
| Year 11 | ₹60,000 | ₹6,60,000 | ₹5,44,255 | ₹12,04,255 |
| Year 12 | ₹60,000 | ₹7,20,000 | ₹6,73,708 | ₹13,93,708 |
| Year 13 | ₹60,000 | ₹7,80,000 | ₹8,22,998 | ₹16,02,998 |
| Year 14 | ₹60,000 | ₹8,40,000 | ₹9,94,205 | ₹18,34,205 |
| Year 15 | ₹60,000 | ₹9,00,000 | ₹11,89,621 | ₹20,89,621 |
| Year 16 | ₹60,000 | ₹9,60,000 | ₹14,11,783 | ₹23,71,783 |
| Year 17 | ₹60,000 | ₹10,20,000 | ₹16,63,492 | ₹26,83,492 |
| Year 18 | ₹60,000 | ₹10,80,000 | ₹19,47,840 | ₹30,27,840 |
| Year 19 | ₹60,000 | ₹11,40,000 | ₹22,68,245 | ₹34,08,245 |
| Year 20 | ₹60,000 | ₹12,00,000 | ₹26,28,485 | ₹38,28,485 |
| Year 21 | ₹60,000 | ₹12,60,000 | ₹30,32,728 | ₹42,92,728 |
| Year 22 | ₹60,000 | ₹13,20,000 | ₹34,85,584 | ₹48,05,584 |
| Year 23 | ₹60,000 | ₹13,80,000 | ₹39,92,143 | ₹53,72,143 |
| Year 24 | ₹60,000 | ₹14,40,000 | ₹45,58,028 | ₹59,98,028 |
| Year 25 | ₹60,000 | ₹15,00,000 | ₹51,89,452 | ₹66,89,452 |
| Year 26 | ₹60,000 | ₹15,60,000 | ₹58,93,276 | ₹74,53,276 |
| Year 27 | ₹60,000 | ₹16,20,000 | ₹66,77,083 | ₹82,97,083 |
| Year 28 | ₹60,000 | ₹16,80,000 | ₹75,49,247 | ₹92,29,247 |
| Year 29 | ₹60,000 | ₹17,40,000 | ₹85,19,022 | ₹1,02,59,022 |
| Year 30 Retirement at 60 | ₹60,000 | ₹18,00,000 | ₹95,96,627 | ₹1,13,96,627 |
How NPS works
The National Pension System is a market-linked retirement account regulated by PFRDA. Your contributions are invested in a mix of equity, corporate bonds and government securities. You choose the mix yourself (Active Choice) or let it shift towards debt as you age (Auto Choice). Equity-heavy mixes have historically returned around 9–12% a year over long periods; debt-heavy ones less.
What happens at 60
Under PFRDA’s December 2025 exit rules, non-government subscribers can take up to 80% of the corpus as a lump sum and must use at least 20% to buy an annuity. Government employees still need to annuitise at least 40%. If the whole corpus is ₹8 lakh or less, you can withdraw all of it. The annuity pays a fixed pension for life; its rate depends on the insurer and the annuity option you pick, usually around 5–7%.
Tax benefits
Your own contribution counts towards the ₹1.5 lakh Section 80C limit under 80CCD(1). Under the old regime, you can claim an extra ₹50,000 under 80CCD(1B). Your employer’s contribution is deductible under 80CCD(2) in both regimes, up to 14% of basic salary in the new regime. At exit, 60% of the corpus is tax-free. The tax treatment of the extra 20% now allowed as a lump sum hasn’t been clarified yet. The pension from the annuity is taxed as income.