Retirement
A monthly contribution, an expected return and your age give a corpus at 60, the tax-free lump sum and an estimated monthly pension. The annuity share follows the current non-government exit rules.
Finfod Research DeskUpdated 28 Oct 2026How we check
Corpus₹1,13,96,627
Monthly contribution until 60
0 is allowed if an employer pays in.
Stays flat. It does not rise with the step-up.
Raises only your amount, once a year.
The corpus is worked out at 60. Staying in until 85 is not calculated.
A planning rate. NPS is market-linked. This is not a PFRDA rate.
A planning rate for the pension. An insurer's quote can differ.
Estimate at 60
Over 30 years you and your employer put in ₹18,00,000. Estimated growth is ₹95,96,627. The tax-free lump sum is ₹68,37,976. The pension estimate is ₹22,793 a month.
Your contributions, ₹18,00,000
Before any exit tax
Schedule II stops at 60% of the corpus
₹45,58,651 times 6% a year, divided by 12
The split uses 40% for the annuity and leaves a lump sum of ₹68,37,976. The whole lump sum is inside the 60% exemption. The pension is taxed when it is paid. This page does not guess a future slab.
10% and the 6% annuity rate are starting points you can change. They are not quotes. This is a non-government exit at 60, not a government exit and not a premature exit.
The link keeps the numbers on this page.
Year-by-year NPS
Rupees are rounded. The corpus above is rounded once.
| Year | Age at year end | Your monthly | Employer monthly | Invested this year | Invested so far | Corpus |
|---|---|---|---|---|---|---|
| 1 | 31 | ₹5,000 | ₹0 | ₹60,000 | ₹60,000 | ₹63,351 |
| 2 | 32 | ₹5,000 | ₹0 | ₹60,000 | ₹1,20,000 | ₹1,33,337 |
| 3 | 33 | ₹5,000 | ₹0 | ₹60,000 | ₹1,80,000 | ₹2,10,650 |
| 4 | 34 | ₹5,000 | ₹0 | ₹60,000 | ₹2,40,000 | ₹2,96,059 |
| 5 | 35 | ₹5,000 | ₹0 | ₹60,000 | ₹3,00,000 | ₹3,90,412 |
| 6 | 36 | ₹5,000 | ₹0 | ₹60,000 | ₹3,60,000 | ₹4,94,645 |
| 7 | 37 | ₹5,000 | ₹0 | ₹60,000 | ₹4,20,000 | ₹6,09,792 |
| 8 | 38 | ₹5,000 | ₹0 | ₹60,000 | ₹4,80,000 | ₹7,36,996 |
| 9 | 39 | ₹5,000 | ₹0 | ₹60,000 | ₹5,40,000 | ₹8,77,521 |
| 10 | 40 | ₹5,000 | ₹0 | ₹60,000 | ₹6,00,000 | ₹10,32,760 |
Sources: PFRDA exit regulations, amended to 20 July 2026 · PFRDA: All Citizen exits and withdrawals · PFRDA: NPS Tier I and Tier II · Schedule II, Income-tax Act, 2025 · Income-tax Act, 2025 (Income Tax Department)
Each month the contribution goes in at the start of the month, then earns one month of growth. The monthly rate is the yearly return you type, divided by 12. A step-up raises only your amount on each anniversary. An employer amount stays flat.
The years are 60 minus your age. You can stay in until 85. This page stops at 60. The return is a planning input. PFRDA does not notify a return. NPS is market-linked.
For a non-government subscriber, a normal exit at 60, or after 15 years, needs at least 20% of the corpus in an annuity. Up to 80% can be a lump sum. If the corpus does not exceed ₹8,00,000, the whole amount can be taken in cash.
If the corpus is above ₹8,00,000 and up to ₹12,00,000, you may instead take up to ₹6,00,000 in cash and use the rest for a systematic unit redemption of at least six years. This calculator models the annuity path, not that six-year payout. The All Citizen FAQ sets out the same bands. A government exit uses a different annuity share. It is not calculated here.
₹5,000 a month from age 30, at 10% a year, with no step-up and no employer contribution. You put in ₹18,00,000 over 30 years. The corpus is ₹1,13,96,627. Estimated growth is ₹95,96,627.
At 40% annuity, ₹45,58,651 buys the pension and the lump sum is ₹68,37,976. All of that lump sum is tax-free. At an annuity rate of 6%, the pension estimate is ₹22,793 a month. That is the purchase price times the rate, divided by 12. It is not an insurer's quote.
A smaller check, using the same month-start rule as the SIP calculator: ₹1,000 a month at 12% for one year ends at ₹12,809 from ₹12,000 put in. 10% and 6% are not promises. Change them.
From 1 April 2026 the Income-tax Act, 2025 uses new section numbers. FY 2025-26 still uses the 1961 Act.
This page does not turn those limits into a deduction in rupees. The 10% and 20% caps need your salary or your gross total income, and those are not entered. The Income-tax Act, 2025 is the source for the section numbers.
This is an estimate for learning, not advice. Read the disclaimer.
Only if it is ₹8,00,000 or less. Above that, a normal non-government exit at 60 needs at least 20% in an annuity, and up to 80% can be a lump sum. Above ₹8,00,000 and up to ₹12,00,000, you may instead take up to ₹6,00,000 in cash and withdraw the rest over at least six years. This calculator does not work out that six-year option. A premature exit, and a government subscriber, follow different rules.
Only up to 60% of the corpus. Schedule II (this was Section 10(12A)) stops there. PFRDA lets you take up to 80% in cash, but the extra is not exempt. The default here puts 40% into an annuity, so the lump sum stays inside that limit. The pension is taxed when you receive it. The calculator does not guess a future slab.
From 1 April 2026, Section 123 read with Schedule XV, paragraph 1(y). That was Section 80CCD(1). An employee is limited to 10% of salary. Anyone else is limited to 20% of gross total income. It also sits inside the ₹1,50,000 cap. A further ₹50,000 can be claimed under Section 124(3), which was Section 80CCD(1B). An employer's contribution is Section 124(1) and Section 124(2), which was Section 80CCD(2): 14% for government, 10% for other employers, and 14% if you are taxed under Section 202. Section 202 (this was section 115BAC) keeps the employer deduction and does not allow Section 123 or Section 124(3). FY 2025-26 still uses the 1961 section numbers.
No. 10% and the 6% annuity rate are numbers you can type. They are not notified rates and not an insurer's quote. NPS is market-linked. The corpus can be lower.
A tax-free yearly deposit sits in the PPF calculator. A bank deposit sits in the FD calculator.
The month-by-month growth here is the same rule as the SIP calculator. The SIP page also shows equity-fund tax if you sell.
Maturity of a PPF account from a yearly deposit, with the 15-year term and optional 5-year extensions.
The corpus you would need to retire, the age your savings reach it, and the monthly SIP that closes the gap.
Invested amount, estimated returns and maturity for a monthly SIP, with a step-up and inflation.
NPS explained for 2026: Tier I and Tier II, how a market-linked return works, tax on contributions, and the withdrawal rules at age 60 in India.
Which tax regime costs less in FY 2026-27 for salaries from ₹7 lakh to ₹30 lakh, with the breakeven old-regime deduction beside each salary.
A lookup table from old Income-tax Act section numbers to the Income-tax Act 2025: 80C to 123, 87A to 156, 115BAC to 202, HRA and capital gains.
How PPF, ELSS and NPS cut tax in FY 2026-27, what they return, and when the new regime makes the deduction worth nothing. Worked on the site’s own calculators.
The complete section 123 list for FY 2026-27, still called 80C on older papers. One ₹1.5 lakh cap, and only if you leave the new tax regime.