NPS Calculator

NPS corpus, lump sum, annuity and pension estimate under the 2025 exit rules, with 80CCD(1), (1B) and (2) deductions.

Last updated 30 Oct 2026 · Page maintained by SKAG and Associates · Editorial policy

The NPS Calculator estimates the National Pension System corpus at retirement from your own and your employer's monthly contributions and an assumed return, then splits it into the lump sum you may withdraw and the annuity you must buy under the PFRDA exit rules amended in December 2025, with an estimated monthly pension. It also shows the yearly deduction under Sections 80CCD(1), 80CCD(1B) and 80CCD(2) (Section 124 from Tax Year 2026-27) for the old and new regimes. Returns are market-linked; the result is an illustration, not a promise.

You are

Your age now (years)

Age at which you exit (60 to 85)

Your contribution each month (₹)

Employer's contribution each month (₹)

Yearly increase in contributions (%)

Corpus already in NPS Tier-I (₹)

Expected return (% a year, assumed)

Annuity rate (% a year, assumed)

Lump sum you plan to withdraw at exit (% of corpus)

Tax deduction this year

Tax regime

Your tax slab (%)

Your annual basic pay + DA (₹)

NPS Estimate

Total contributions₹ 0

Growth (assumed return)₹ 0

Corpus at exit₹ 0

Lump sum withdrawn₹ 0

of which tax-free (60% of corpus)₹ 0

of which taxable₹ 0

Used to buy an annuity₹ 0

Estimated pension a month₹ 0

80CCD(1) own contribution (within ₹1.5L of 80C)₹ 0

80CCD(1B) extra (max ₹50,000)₹ 0

80CCD(2) employer contribution₹ 0

Tax saved this year (with 4% cess)₹ 0

Enter your contributions.

Contributions are taken at the start of each month and grow at the return you enter, compounded monthly. Charges, the actual scheme return and future annuity rates will change the result.

Estimate your NPS Tier-I corpus at retirement and the pension it may buy. NPS returns depend on the markets and the scheme you choose, so enter a return you think is reasonable; the figures below are illustrations, not a promise. Since the PFRDA amendment of December 2025, non-government subscribers can take up to 80% as a lump sum and must buy an annuity with at least 20%; government subscribers keep the 60 : 40 split. A smaller corpus (up to ₹8 lakh) can be taken in full.

NPS deductions and exit rules

Deduction (Section 124 from Tax Year 2026-27)	Old regime	New regime
80CCD(1): your own contribution	Up to 10% of basic + DA (20% of gross total income if self-employed), inside the ₹1.5 lakh limit shared with 80C and 80CCC	Not allowed
80CCD(1B): extra own contribution	Up to ₹50,000, over and above ₹1.5 lakh	Not allowed
80CCD(2): employer's contribution	Up to 10% of basic + DA (14% for Central or State Government employees)	Up to 14% of basic + DA for all employees

Employer contributions to NPS, EPF and superannuation funds above ₹7.5 lakh a year in total are taxed as a perquisite.
Exit at 60, non-government subscribers (PFRDA Exits and Withdrawals Amendment Regulations, December 2025): corpus up to ₹8 lakh can be taken in full; between ₹8 lakh and ₹12 lakh, up to ₹6 lakh as a lump sum with the rest by systematic withdrawal or annuity, or up to 80% as a lump sum; above ₹12 lakh, up to 80% as a lump sum and at least 20% in an annuity. The lump sum and annuity can be deferred up to age 85. In the All Citizen model, normal exit is allowed after 15 years in NPS even before 60. Subscribers who join after 60 can take a corpus of up to ₹12 lakh in full.
Government subscribers: up to 60% as a lump sum and at least 40% in an annuity. A corpus up to ₹8 lakh can be taken in full; between ₹8 lakh and ₹12 lakh, up to ₹6 lakh as a lump sum with the rest by systematic withdrawal (at least 6 years) or annuity, or the 60 : 40 split.
Exit before 60 (premature exit, all sectors): at least 80% must buy an annuity, unless the corpus is ₹5 lakh or less. NPS can now be joined and continued up to age 85.
Tax on exit: up to 60% of the corpus withdrawn as a lump sum is exempt (Section 10(12A) of the 1961 Act, carried into a Schedule of the 2025 Act). The Act has not been amended for the larger 80% withdrawal, so the part above 60% is shown as taxable at your slab rate; verify the position on incometax.gov.in before you withdraw. The amount used to buy the annuity is not taxed, but the pension you receive is taxed as income every year.

Official sources: exit and withdrawal regulations and circulars on pfrda.org.in; deductions under Section 80CCD and Section 124 on incometax.gov.in and incometaxindia.gov.in. Checked on 30 October 2026.

Important note: This tool provides an indicative output only. It does not factor in every special provision, surcharge, exception, or recent notification. Verify the position on the official portal or with a qualified professional before acting on any computation.

Frequently Asked Questions

How much of the NPS corpus can I withdraw at 60?

Under the PFRDA exit rules amended in December 2025, non-government subscribers can withdraw up to 80% of the corpus as a lump sum and must use at least 20% to buy an annuity. If the corpus is Rs 8 lakh or less, the whole amount can be withdrawn. Central and State Government subscribers can withdraw up to 60%, or the whole corpus if it is Rs 8 lakh or less; between Rs 8 lakh and Rs 12 lakh they may instead take up to Rs 6 lakh with the rest by systematic withdrawal or annuity.

Is the NPS lump sum withdrawal tax-free?

Up to 60% of the corpus withdrawn at exit is exempt from tax. The Income-tax Act has not been amended for the larger 80% withdrawal now allowed by PFRDA, so the portion above 60% may be taxed at your slab rate. The annuity purchase is not taxed, but the pension received from it is taxable every year.

What NPS deductions are allowed in the new tax regime?

Only the employer's contribution under Section 80CCD(2), up to 14% of basic pay plus DA, is deductible in the new regime. Your own contribution under Section 80CCD(1) and the extra Rs 50,000 under Section 80CCD(1B) are available only in the old regime. From Tax Year 2026-27 these deductions are in Section 124 of the Income-tax Act, 2025.

What is the difference between 80CCD(1) and 80CCD(1B)?

Section 80CCD(1) allows your own NPS contribution up to 10% of basic plus DA (20% of gross total income if self-employed), but it is inside the Rs 1.5 lakh limit shared with Section 80C. Section 80CCD(1B) allows a further Rs 50,000 of your own contribution over and above that limit, so the old regime can give up to Rs 2 lakh for your own contributions.

What return does NPS give?

NPS returns are market-linked and depend on the scheme, the asset mix and the pension fund you choose; nothing is guaranteed. The calculator uses the return you enter. Past returns of each pension fund are published on the PFRDA and NPS Trust websites.

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Published by SKAG and Associates, Chartered Accountants, New Delhi · Proprietor CA Gaurav Singh (ICAI M.No. 539050). General information only, not professional advice.

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