How to use the NPS Calculator (Pension & Lump Sum)
- Enter your monthly NPS contribution.
- Enter your age and retirement age.
- Set the expected return and annuity share.
- See your corpus, lump sum and monthly pension.
NPS withdrawal rules
Under the PFRDA amendment of December 2025, non-government subscribers can withdraw up to 80% of the corpus as a lump sum at normal exit and must use at least 20% to buy an annuity. Government employees must still use at least 40%. If the corpus is small (up to ₹8 lakh), the full amount can be withdrawn. Check the latest PFRDA rules before you exit.
Tax benefits
Up to ₹50,000 a year extra deduction under Section 80CCD(1B) in the old regime. Employer contributions are deductible under 80CCD(2) in both regimes (up to 14% of basic in the new regime). A lump sum of up to 60% of the corpus is tax-free; check the current tax rules for anything withdrawn above that. The annuity pension is taxable at your slab rate.
Frequently asked questions
How much pension will I get from NPS?
It depends on your corpus, the share used for annuity and the annuity rate. For example, ₹5,000 a month from age 30 to 60 at 10% builds about ₹1.14 crore. Using 40% for an annuity at 6% gives roughly ₹22,800 a month.
Is NPS lump sum tax-free?
A lump sum of up to 60% of the corpus withdrawn at retirement is tax-free. Check the latest rules for any amount above 60%.
These tools give estimates for general guidance and are not financial or tax advice. Rates and rules can change; check official sources before making decisions.