NPS corpus and the pension it produces. The mandatory annuitisation of forty percent is the defining feature: that portion cannot be taken as cash and buys an annuity at whatever rate prevails then.
Also called: national pension system calculator, nps pension calculator.
₹1,74,33,453 at 60, from ₹33,60,000 contributed over 28 years. 40% must buy an annuity paying ₹34,867 a month, and ₹1,04,60,072 comes to you tax free. At least forty percent must be annuitised. The calculator enforces that floor even if a lower share is entered.
An estimate, not an offer or a guarantee. Projected returns assume the rate you entered holds for the whole term, which no market does.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for India change on a published schedule; the effective date is shown on every rule-based tool.
Contributions compound at a blended return following your equity and debt allocation, with equity capped at seventy-five percent under the active choice. At retirement at least forty percent of the corpus must buy an annuity, which is not optional. The remaining sixty percent is withdrawn tax free. The additional deduction of fifty thousand under 80CCD(1B) is over and above the 80C limit, which is the main reason to hold NPS alongside other retirement saving.
the blended return follows the allocation, and 40 percent of the corpus must be annuitisedEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Corpus at retirement₹1,74,33,453
0.5 x 12 + 0.5 x 7.5
Open this exampleCorpus at retirement₹1,74,33,453
boundary: the statutory minimum
Open this exampleFormula version 1.0.0 · definition 1.0.0 · India · Report a problem with this calculator