What this estimate uses
Current age, Retirement age, Current NPS corpus, Monthly contribution, Annual contribution increase, Expected return, Corpus used for annuity, Expected annuity rate.
Planning calculator
NPS Calculator India: Corpus, Lumpsum & Pension
What could your NPS retirement look like?
Estimate retirement corpus, lump-sum withdrawal, and annuity income under NPS.
Your estimate
Live result
Projected NPS corpus
—How it works
A useful estimate, with the assumptions out in the open.
NPS returns and annuity rates are not guaranteed. This scenario allows 20%–100% annuitisation in line with the March/July 2026 All Citizen normal-exit framework for larger balances; actual options depend on corpus, exit type and subscriber category.
This result is an educational estimate. Rates, taxes, fees, product rules, and market returns can change.
India-focused guide
What corpus, lump sum and monthly pension could my NPS contributions create?
Enter current NPS balance, monthly contribution, annual step-up, expected return and annuity allocation. The estimate separates the projected corpus into lump sum and annuity-based pension scenarios.
Important assumption
NPS returns and annuity rates are not guaranteed. This scenario allows 20%–100% annuitisation in line with the March/July 2026 All Citizen normal-exit framework for larger balances; actual options depend on corpus, exit type and subscriber category.
Created and maintained byAll Tool Central
Formula and content reviewed16 October 2026
See how estimates are builtCalculation methodology
Detailed guide
Understand the result before using it.
This NPS calculator projects a Tier I retirement corpus from the current balance and monthly contributions, including an optional annual contribution step-up. It then splits the estimate between a lump-sum scenario and an annuity purchase to estimate monthly pension.
How NPS accumulation is modelled
The current corpus and each monthly contribution earn the entered market-linked return. Contributions are assumed at the beginning of each month, and the monthly amount increases once each year by the selected step-up.
Actual NPS returns depend on asset allocation, pension-fund performance, charges and market conditions. The smooth return used here does not represent a promised NPS rate.
FormulaNext month’s corpus = (current corpus + monthly contribution) × (1 + annual return ÷ 12)
Example: age 30 to 60 with a 10% annual step-up
The example starts with ₹2 lakh, contributes ₹5,000 a month and raises the contribution by 10% each year. The exit illustration uses 20% of the final corpus for an annuity at an assumed 6.5% annual payout rate.
| Expected return | Projected corpus | 80% lump-sum scenario | 20% annuity corpus | Estimated monthly pension |
|---|---|---|---|---|
| 8% | ₹2.62 crore | ₹2.10 crore | ₹52.39 lakh | ₹28,380 |
| 10% | ₹3.61 crore | ₹2.89 crore | ₹72.13 lakh | ₹39,072 |
| 12% | ₹5.14 crore | ₹4.11 crore | ₹1.03 crore | ₹55,641 |
What changed in the 2026 normal-exit framework
PFRDA’s March 2026 All Citizen Model FAQ, read with the Exit Regulations amended on 20 July 2026, allows a normal-exit scenario with up to 80% lump sum and at least 20% annuity for accumulated pension wealth above ₹12 lakh. Smaller balances have additional options and thresholds.
Normal exit, premature exit, government-sector accounts, disability, death and subscribers joining after age 60 can follow different conditions. The allocation input is therefore a scenario tool; eligibility must be checked against the current rules for the subscriber.
Annuity rate is not an investment-return forecast
The pension estimate simply divides the selected annual annuity payout across 12 months. Actual quotes depend on the annuity provider, age, payout option, return of purchase price, joint-life features and prevailing pricing.
- Compare more than one accumulation-return scenario.
- Keep the contribution step-up within a realistic future income path.
- Use actual annuity quotes close to exit rather than relying on today’s assumed rate.
- Check the latest PFRDA exit rules for the relevant sector and account circumstances.
Common questions
Frequently asked questions
Why does the NPS calculator allow 20% annuity?
The 2026 All Citizen normal-exit framework permits a minimum 20% annuity scenario for accumulated pension wealth above ₹12 lakh. Different balances, exit types and subscriber categories can have different options.
Is the estimated NPS return guaranteed?
No. NPS is market-linked. The entered return creates a smooth illustration and does not predict the future value of any scheme or asset allocation.
Is monthly pension equal to annuity corpus divided over life expectancy?
No. This page estimates annual annuity income as corpus multiplied by the entered annuity rate, then divides by 12. Actual annuity contracts price benefits differently.
Does the projection deduct NPS charges or tax?
No. Charges, tax and inflation are outside this simplified accumulation and payout estimate. Check current official rules and personal tax treatment before acting.
Continue planning
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