NPS Calculator · TaxDrone
NPS Calculator

National Pension System Planning

Estimate your retirement corpus with NPS contributions. See how your monthly investment grows with compounding and tax benefits.

NPS Contribution Details

Enter your monthly contribution, expected return, and tenure

Minimum ₹500 per month (Tier I)
%
NPS equity allocation typically yields 8–12%
Yr
Until retirement (max 40 years)

Tax Benefit (80CCD)

Up to ₹1.5L under 80C + additional ₹50,000 under 80CCD(1B)

Your NPS Retirement Corpus

Fill in your monthly contribution, expected return, and tenure to see your projected retirement fund.

Projected maturity amount Total invested & gains Annuity & lump-sum split

NPS Benefits

  • Tax deduction up to ₹2L
  • Low cost & market-linked📊
  • Flexible asset allocation⚖️
  • Partial withdrawal allowed🏦

60% of corpus tax-free at maturity; 40% used for annuity.

NPS Formula

  • FV = P × [((1+r)n - 1) / r] × (1+r)
  • P = Monthly contribution
  • r = Monthly return rate
  • n = Number of months

Assumes compounding at end of each month.