NPS Calculator India — National Pension System 2026

NPS — National Pension System

Calculate your NPS corpus and estimate annuity income. NPS gives an additional ₹50,000 deduction under 80CCD(1B) over the ₹1.5L Section 80C limit — a benefit no other instrument offers.

NPS 80CCD(1B) — The Often Missed Tax Benefit

Section 80CCD(1B) allows an additional ₹50,000 deduction for NPS contributions, over and above the ₹1.5L 80C limit. For someone in the 30% tax bracket, this saves ₹15,600 in tax every year (including 4% cess). NPS also has one of the lowest fund management charges in India (0.09% p.a.). At maturity, 60% of corpus is tax-free; 40% must be used to buy an annuity (taxable as income).

NPS Contribution Details

Monthly Contribution (₹)

Current Age

Expected Annual Return (%)

10%

8% Conservative 10% Moderate 12% Aggressive

Tax Slab

Expected Annuity Rate at 60 (%)

6.5%

📌 NPS is locked until age 60. 60% of corpus is tax-free at maturity; 40% must purchase an annuity. Available under both tax regimes for 80CCD(1B) benefit.

NPS Corpus at Age 60

₹—

Tax-Free Lump Sum (60%)

—

Annuity Purchase (40%)

—

Monthly Pension

—

Annual Tax Saved

—

Invested vs Corpus—

Disclaimer: NPS projections are illustrative. Actual NPS returns depend on fund manager and asset allocation chosen (Equity/Corporate Bonds/Government Securities). Annuity rates vary by insurer and age at retirement. 80CCD(1B) benefit applies under the Old Tax Regime only; confirm applicability under New Regime with your CA. Mutual Fund investments are subject to market risks. ARN-309076.

Discuss with Eswari ← All Calculators

Eswari Guduru (ARN-309076) · Guduru Anantha Eswari Rajeswari · AMFI Registered Mutual Fund Distributor · Authorised Person — Kotak Securities Ltd (INZ000200137) · NSE AP AP0291573301 · Boduppal, Hyderabad 500092 · +91 79959 72796 · eswariguduru.com
All projections are for illustration only. Returns not guaranteed. Constant assumed rates — actual MF returns fluctuate. Not investment advice. Not a SEBI Registered Investment Adviser. Read all scheme documents before investing. Tax calculations, where applicable, use FY2026-27 slabs — consult a CA for personal advice.