NPS Calculator India 2026
Calculate your NPS retirement corpus, monthly pension and lumpsum withdrawal. See exact tax savings under Section 80CCD and find out if NPS is right for you.
✓ Corpus + monthly pension
✓ 80CCD tax savings shown
✓ 60% lumpsum + 40% annuity split
✓ Free, no login
NPS FAQs
Everything you need to know about NPS in India 2026
What is NPS and who should invest? +
NPS (National Pension System) is a government-backed retirement savings scheme regulated by PFRDA. It's open to all Indian citizens aged 18-70. NPS is best for: (1) Salaried employees in the 30% tax bracket — ₹50K extra deduction under 80CCD(1B) saves ₹15,600 in tax every year. (2) Self-employed professionals who don't have EPF. (3) Anyone wanting market-linked returns with pension discipline. NPS is NOT ideal for those who need complete liquidity since 40% must be used to buy an annuity at retirement.
What is the NPS tax benefit under 80CCD? +
NPS offers two tax deductions: 80CCD(1): Up to 10% of salary (for salaried) or 20% of gross income (self-employed) — this comes within the ₹1.5L 80C limit. 80CCD(1B): Additional ₹50,000 OVER AND ABOVE the 80C limit of ₹1.5L. This is the most attractive deduction — ₹50K extra saving = ₹15,600 tax saved for 30% slab taxpayers. Total possible deduction: ₹2 lakh (₹1.5L via 80C + ₹50K via 80CCD 1B).
Can I withdraw NPS before 60? +
Partial withdrawal (up to 25% of your own contributions) is allowed after 3 years for specific reasons: higher education, marriage of children, purchase/construction of house, treatment of critical illness, starting a business. Only 3 partial withdrawals allowed in lifetime. Full premature exit before 60: Only 20% is tax-free; 80% must buy annuity. This is why NPS is a long-term, retirement-focused product. If you need flexibility, PPF or ELSS may be better options.
How is NPS different from EPF and PPF? +
EPF: Mandatory for private sector employees, guaranteed 8.25% return, employer also contributes, fully tax-free at retirement. PPF: Open to all, 7.1% guaranteed return, 15-year lock-in, fully tax-free, no annuity requirement — best for self-employed. NPS: Market-linked returns (10-12% historically), extra ₹50K tax deduction, but 40% must buy annuity. Best used in combination: EPF (automatic) + NPS ₹50K for extra deduction + PPF for flexible tax-free savings.
What returns does NPS give? +
NPS returns depend on your asset allocation: Equity (E): 10-12% historically. Corporate bonds (C): 8-9%. Government securities (G): 7-8%. Auto Choice (Lifecycle Fund): Automatically shifts from equity to bonds as you age — balanced approach. Active Choice: You decide allocation — max 75% in equity till age 50. For young investors (under 40), a 75% equity allocation historically delivers 11-12% CAGR — better than EPF (8.25%) and PPF (7.1%).