NPS Calculator
nps calculator. Get instant, accurate results. Enter values for instant results with step-by-step formulas.
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 At retirement, 60% can be withdrawn tax-free, 40% must buy an annuity.
Frequently Asked Questions
What are the tax benefits of NPS contributions?
NPS offers three layers of tax deduction. Under Section 80CCD(1), your own contributions qualify within the shared ₹1.5 lakh 80C ceiling. Section 80CCD(1B) provides an exclusive additional deduction of up to ₹50,000 — meaning a high-income taxpayer in the 30% bracket saves ₹15,000 in tax just from this extra window. Under Section 80CCD(2), employer contributions of up to 10% of basic salary (14% for central government employees) are deductible without any cap. At maturity, 60% of the corpus can be withdrawn tax-free; the remaining 40% must be used to buy an annuity, which is then taxed as regular income.
Is my data stored or sent to a server?
No. All calculations run entirely in your browser using JavaScript. No data you enter is ever transmitted to any server or stored anywhere. Your inputs remain completely private.
Is NPS Calculator free to use?
Yes, completely free with no sign-up required. All calculators on NovaCalculator are free to use without registration, subscription, or payment.
What formula does NPS Calculator use?
The formula used is described in the Formula section on this page. It is based on widely accepted standards in the relevant field. If you need a specific reference or citation, the References section provides links to authoritative sources.
How do I interpret the result?
Results are displayed with a label and unit to help you understand the output. Many calculators include a short explanation or classification below the result (for example, a BMI category or risk level). Refer to the worked examples section on this page for real-world context.
Can I share or bookmark my calculation?
You can bookmark the calculator page in your browser. Many calculators also display a shareable result summary you can copy. The page URL stays the same so returning to it will bring you back to the same tool.