PaisaCalc
NPS Calculator — corpus, lumpsum and pension at 60
Estimate the National Pension System corpus you could build by 60 from a monthly contribution and an assumed return, how much you can take as a lumpsum under the exit rules in force since December 2025, and the pension the annuity part might pay.
How to use PaisaCalcHow PaisaCalc works
- Pick a calculatorTap a tab in the strip below (Loan EMI, SIP, FD and more). Tabs after the "India" label follow Indian rules, such as GST, PPF and Income Tax.
- Enter your numbersType in a box or drag a slider. The result updates as you go.
- Choose your currencyUse the Currency menu above. It changes the symbol and number format only; it does not convert amounts.
- Share a resultTap Share this result, WhatsApp or Copy link. The link opens the same calculator with your numbers filled in.
Everything is worked out in your browser; the numbers you type are not sent to us. Results are estimates, not financial advice.
Amortization schedule (year-wise)
| Year | Principal | Interest | Balance |
|---|
How much to invest monthly to reach a target corpus.
Recurring deposit — a fixed amount every month, compounded quarterly.
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
Public Provident Fund — current rate 7.1% (Oct–Dec 2026), compounded yearly, tax-free; matures after 15 years, extendable in 5-year blocks.
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
Compare the New and Old regimes side by side for FY 2026-27 (tax year 2026-27). Enter deductions for the Old regime.
Systematic Withdrawal Plan — how long your corpus lasts while you draw a fixed amount each month.
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
Sukanya Samriddhi Yojana — deposit yearly for 15 years; matures in 21 years. Current rate 8.2% (Oct–Dec 2026), compounded annually, tax-free.
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
National Pension System — corpus at 60; at least 20% (government staff: 40%) must buy an annuity that pays the pension.
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
Gratuity = last wages (Basic + DA) × 15 ÷ 26 × years of service (Code on Social Security, 2020).
India tax & savings tool · always in ₹ (INR), whatever currency you pick above.
Estimate your monthly in-hand from annual CTC (New tax regime, standard assumptions).
How big a loan you may qualify for, from your income and existing EMIs (FOIR method).
What today's money will cost — and be worth — in the future.
How the NPS Calculator works
Corpus at 60 uses the SIP formula for (60 − age) × 12 monthly contributions at the assumed return. At normal exit, part of the corpus must buy an annuity:
Pension per month ≈ a × Corpus × annuity rate ÷ 12 · Lumpsum = (1 − a) × Corpus
- a — minimum annuity share: 20% for All Citizen and corporate subscribers (up to 80% lumpsum) since 16 December 2025; 40% for government employees (up to 60% lumpsum)
Income tax exempts the lumpsum only up to 60% of the corpus, so the calculator shows that part separately. A small corpus can be withdrawn fully: up to ₹8 lakh entirely, and between ₹8 lakh and ₹12 lakh up to ₹6 lakh as lumpsum with the rest as a 6-year payout or an annuity. NPS returns are market-linked and annuity rates depend on the insurer and plan you pick at 60 — both rates you enter are assumptions.
Sources
- PFRDA press release, 19 Dec 2025 — key amendments to the Exits and Withdrawals Regulations: up to 80% lumpsum and at least 20% annuity for non-government subscribers; 60:40 for government
- PFRDA (Exits and Withdrawals under the National Pension System) Regulations, 2015 — consolidated, as amended on 16 Dec 2025 (NPS Trust)
Rules and rates checked . Also in the PaisaCalc app, with the other India tax & savings tools.
Worked example
₹5,000 a month from age 30 to 60, assumed 10% return, 6% annuity rate, private-sector subscriber:
| Contributed (360 months) | ₹18,00,000 |
|---|---|
| Corpus at 60 | ₹1,13,96,627 |
| Lumpsum (up to 80%) | ₹91,17,301, of which ₹68,37,976 tax-free |
| Annuity corpus (20%) | ₹22,79,325 |
| Est. monthly pension | ₹11,397 (₹22,793 if 40% is annuitised) |
On these assumptions: a corpus near ₹1,13,96,627, up to ₹91,17,301 as a lumpsum and a pension of about ₹11,397 a month.
Load these numbers into the calculator →Frequently asked questions
How much of the NPS corpus must buy an annuity?
Since 16 December 2025, at least 20% at normal exit for All Citizen and corporate subscribers, who can take up to 80% as a lumpsum. Government employees must still annuitise at least 40% and can take up to 60%. You may annuitise more than the minimum for a bigger pension.
Is the NPS lumpsum tax-free?
The lumpsum is tax-free up to 60% of the corpus. If you take more under the new 80% limit, the part above 60% of the corpus is not covered by that exemption. The pension from the annuity is taxed as income each year.
Can I withdraw the whole corpus?
Yes if it is small: a corpus up to ₹8 lakh can be taken fully. Between ₹8 lakh and ₹12 lakh you can take up to ₹6 lakh as a lumpsum and the rest as a systematic payout over at least 6 years or as an annuity.
When can I exit NPS normally?
At 60, or for an All Citizen subscriber after 15 years in NPS if that comes first. You can also defer the lumpsum or the annuity, up to age 85.
What return should I assume?
NPS returns depend on the equity, corporate-bond and government-bond mix you choose and are not guaranteed. Test a range — for example 8%, 10% and 12% — rather than relying on one figure.
Related calculators
- Goal SIP Calculator — the monthly SIP for a retirement target
- SWP Calculator — turning the lumpsum into a monthly income
- PPF Calculator — a fixed-rate, tax-free long-term scheme
- Income Tax Calculator — income tax under the Old and New regimes
More money calculators
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- SIP Calculator
- Lumpsum Calculator
- Goal SIP Calculator
- FD Calculator
- RD Calculator
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- SWP Calculator
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PaisaCalc results are arithmetic estimates from the inputs you enter and the formulas shown. They are not financial, investment or tax advice; rates, rules and your own situation vary, so check with your bank, fund house or a qualified adviser before deciding.
