NPS Calculator
nps calculator. Get instant, accurate results. Enter values for instant results with step-by-step formulas.
Reviewed by Sahil, Senior Finance & Tax Editor
Formula
FV = P x [(1+r)^n - 1] / r | Blended Rate = Equity% x Eq Return + Debt% x Debt Return
NPS allows allocation between equity (E), corporate bonds (C), and government securities (G). The blended return is weighted by allocation. At retirement, 60% can be withdrawn tax-free, 40% must buy an annuity.
Worked Examples
Example 1: ₹5K/mo from age 30
Problem:₹5,000/mo, age 30-60, 50% equity, 50% debt
Solution:Blended return: 10%. Corpus = ₹1.13 crore. Lump sum: ₹67.9L. Pension: ~₹22,600/mo
Result:₹1.13 crore corpus at 60
Frequently Asked Questions
What are the tax benefits of NPS contributions?
NPS provides three tax deduction layers: your own contributions qualify under the 80C ceiling (Section 80CCD(1)); an exclusive extra ₹50,000 deduction is available under Section 80CCD(1B), saving ₹15,000 in the 30% bracket; employer contributions up to 10% of basic salary are deductible without cap under 80CCD(2). At maturity, 60% is withdrawn tax-free while the remaining 40% must buy a taxable annuity.
Reviewed by Sahil, Senior Finance & Tax Editor · Editorial policy