NPS (National Pension System) is a government pension scheme that helps individuals save for retirement through regular contributions, which grow through investments. Upon retirement, you can use the corpus to buy an annuity for a regular pension.

How do I use the NPS Pension calculator?

Enter your monthly contribution, age, expected interest rate, contribution end age, annuity purchase percentage, and expected annuity rate. Click "Calculate Maturity Amount" to see the results.

How is the maturity amount calculated in NPS?

The maturity amount is calculated using compound interest on your monthly contributions over time, factoring in your expected return rate. The calculator also shows total principal, total gain, and amounts for annuity and lump sum.

Is tax calculated in the NPS Pension Calculator ?

No, the NPS calculator does not calculate taxes. It provides estimates for maturity amount, total gain, annuity purchase amount, lump sum amount, and monthly pension. For tax implications, consult a tax advisor or financial expert, as NPS contributions and withdrawals may have tax benefits and liabilities based on your jurisdiction and specific circumstances.

NPS Pension Calculator

NPS PENSION CACULATOR

NPS Calculator

Monthly Contribution (₹): Current Age: Expected Rate of Interest (% per annum): Contributing Till Age (max 75): Annuity Purchase Percentage (% of Maturity Sum): Expected Annuity Rate (% per annum):

Results

Total Principal Invested: ₹0

Expected Sum on Maturity: ₹0

Total Gain: ₹0

Annuity Purchase Amount: ₹0

Lump Sum Amount: ₹0

Monthly Pension Amount: ₹0

Formulas Used

Maturity Amount Formula:
A = P × (1 + r/n)^(n × t)

Total Principal:
Total Principal = Monthly Contribution × Total Months

Total Gain:
Total Gain = Maturity Amount – Total Principal

Annuity Purchase Amount:
Annuity Purchase Amount = Maturity Amount × Annuity Purchase Percentage

Lump Sum Amount:
Lump Sum Amount = Maturity Amount – Annuity Purchase Amount

Monthly Pension Amount:
Monthly Pension Amount = (Annuity Purchase Amount × Annuity Rate) / 12

Where:

A: Maturity amount (total corpus)
P: Principal amount (total contributions)
r: Annual interest rate (as a decimal)
n: Number of times the interest is compounded per year
t: Number of years the money is invested

Disclaimer: The above calculations and illustrations are only indicative in nature and should not be considered as final or binding. For precise calculations, please consult with your financial advisor or the relevant authorities.

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Calculate your NPS (National Pension System) maturity amount with this intuitive tool. Input your monthly contributions, current age, expected rate of interest, and details about annuity purchases to get estimated figures on total principal, maturity sum, total gain, and monthly pension. Visualize the results with interactive bar and pie charts to understand the distribution of your investment. This calculator helps you make informed financial decisions for a secure retirement.