NPS Calculator

NPS calculator with the 2025 exit rules and tax benefits

This NPS calculator estimates what your National Pension System Tier I account could be worth when you exit, how much you can take as a lump sum, how much must buy an annuity, and the monthly pension that annuity could pay. It includes your employer’s contribution, a yearly increase in what you put in, the balance you already have, and either a single expected return or your own mix of equity (E), corporate bonds (C) and government securities (G).

It follows the exit rules PFRDA changed in December 2025: non-government subscribers can now take up to 80% as a lump sum, small balances can be withdrawn in full, and you can stay invested until 85. A second table shows this year’s tax saving under the old and new regimes from 80CCD(1), 80CCD(1B) and 80CCD(2), and a year-by-year table shows the balance growing.

Central Government employees can set NPS against the Unified Pension Scheme in the NPS vs UPS calculator, and the annuity calculator compares annuity options. NPS returns are market-linked and annuity rates change, so every figure is an estimate, not financial or tax advice.

How to use the NPS Calculator

1. Pick your Subscriber type and enter your age, the age you plan to exit (60–85) and any NPS balance you already have.
2. Enter your monthly contribution, your employer’s contribution, the yearly increase and your monthly basic + DA (gross income if self-employed).
3. Set One return, or choose Asset mix (E, C, G) and enter the share and return for each class.
4. Choose the share that buys an annuity, the annuity rate and inflation, then your other 80C investments and slab rates.
5. Read the monthly pension, corpus, lump sum and its tax-free part, then compare the old and new regime tax saving and download the yearly table.

NPS Calculator features

NPS exit rules used (as of October 2026)

Source: PFRDA (Exits and Withdrawals under the National Pension System) Regulations, 2015, as amended on 16 December 2025, and PFRDA’s press release of 19 December 2025. All Citizen subscribers reach normal exit after 15 years or at 60, whichever is earlier. Scheme A was merged into schemes C and E in December 2025, which is why only E, C and G appear here.

Worked example

You are 30 and put in ₹5,000 a month until 60, with no increases, at 10% a year. Contributions go in at the start of each month and compound at the monthly equivalent of 10%, giving a corpus of ₹1,03,96,464 from ₹18 lakh paid in. With a 40% annuity (₹41,58,585) at 6%, the pension is about ₹20,793 a month, and the ₹62,37,878 lump sum is entirely tax-free because it is within 60% of the corpus. At 6% inflation that pension is worth about ₹3,620 a month in today’s money — a reason to raise contributions every year.

Choose a 20% annuity instead and the pension falls to ₹10,396 a month while the lump sum rises to ₹83,17,171. Only 60% of the corpus (₹62,37,878) is exempt; the other ₹20,79,293 has no specific exemption and is likely to be taxed at your slab rate — no CBDT clarification had been issued by October 2026.

NPS tax benefits in the old and new regimes

Compare NPS with other long-term options using the PPF calculator and SIP calculator, and check your total retirement need with the retirement calculator.

• 80CCD(1): your own contribution up to 10% of basic + DA (20% of gross income if self-employed), inside the ₹1.5 lakh limit shared with 80C. Old regime only.
• 80CCD(1B): a further ₹50,000 of your own contribution. Old regime only.
• 80CCD(2): your employer’s contribution up to 14% of basic + DA in the new regime; in the old regime 14% for government employers and 10% for others.
• Example: basic + DA of ₹50,000 a month, ₹5,000 a month each from you and your employer, ₹1 lakh already in 80C. Old regime: ₹50,000 + ₹10,000 + ₹60,000 = ₹1,20,000, saving ₹37,440 at 30% plus cess. New regime: ₹60,000, saving ₹12,480 at 20% plus cess.
• The Income-tax Act, 2025 replaced the 1961 Act from 1 April 2026 and keeps these deductions under new section numbers; this page uses the familiar 80CCD names.