National Pension Scheme Calculator
Calculate Your Pension after Retirement

Use TimesMoney's Free National Pension Calculator to calculate your Pension after Retirement

₹ 500
₹ 99,99,999
1%
20%
18 years
70 years
60 years
99 years
40 percent
60 percent
1 percent
20 percent
1 year
100 years

Investment Details

Total Amount: ₹
Total Returns: ₹
Maturity Amount : ₹
Pension Amount Reinvested: ₹
Lumpsum Amount Withdrawn: ₹
Pension Per Month: ₹NaN

An NPS (National Pension Scheme) Calculator is an online tool that helps you estimate the returns on your pension investments under the NPS scheme. It allows you to calculate the potential corpus you can accumulate by investing regularly over time, helping you plan for a secure retirement. By entering details such as your monthly contribution, investment tenure, and expected returns, the NPS calculator provides a clear picture of how your investment can grow. However, the actual returns may vary depending on market conditions and the asset allocation you choose under the NPS scheme.

There are several NPS (National Pension Scheme) calculators available online; one must choose an accurate NPS calculator and understand how to use it to estimate the exact pension corpus they can accumulate over time. By entering details like monthly contributions, investment tenure, and expected returns, the NPS calculator helps individuals plan their retirement savings effectively.

NPS (National Pension Scheme) Calculator

The NPS (National Pension Scheme) Calculator is an online tool designed to help individuals estimate their pension corpus based on their monthly contributions, investment duration, and expected returns. By inputting key details such as age, retirement age, and contribution amount, the calculator provides an estimate of the accumulated corpus at the time of retirement. This helps individuals plan and track their retirement savings effectively, ensuring they make informed decisions to secure their financial future.

How can a NPS calculator help you?

An NPS (National Pension Scheme) calculator helps you plan for your retirement by estimating the potential corpus you can accumulate through regular contributions to the scheme. By inputting details such as your monthly contribution, expected rate of return, and investment tenure, the calculator provides a projection of the amount you could have by the time you retire. This helps you understand how much you need to invest regularly to meet your retirement goals, enabling better financial planning and informed decisions for securing your future.

An NPS (National Pension Scheme) calculator is a valuable tool that helps you estimate the returns you will accumulate by the time you retire. By entering details like your monthly contribution, the expected rate of return, and the investment duration, the calculator provides an estimate of the total corpus you can build under the NPS. This tool assists in making informed decisions about how much to invest regularly to ensure a comfortable retirement, helping you plan for your financial future with confidence.

How do NPS calculators work?

There is a specific formula that Timesmoney uses to compute the NPS Calculator. The formula is as follows:

M = Principle * (numerator / rate) * (1 + rate);, where

  • M is the amount you receive upon maturity.
  • Principle is the amount you invest at regular intervals.
  • numerator = (1 + rate)**time - 1 .
  • rate is expectedInterest/1200.
  • time = (retirementAge - currentAge) * 12;

This is the standardized formula used by any online NPS calculator.

FAQs

The minimum contribution to NPS is Rs. 500 per month, and the maximum contribution is unlimited. However, tax benefits are available for contributions up to Rs. 2 lakh under Section 80C and 80CCD.
The minimum tenure for NPS is until the age of 60, but you can extend it until the age of 70 if you wish to continue contributing.
Yes, partial withdrawals are allowed under specific conditions, such as for higher education, marriage, or medical treatment. However, premature withdrawals are subject to certain rules and tax implications.
There is no upper limit on the amount you can contribute to NPS. However, for tax benefits, contributions are limited to Rs. 1.5 lakh under Section 80C and an additional Rs. 50,000 under Section 80CCD(1B).
Yes, you can modify your contribution amount at any time. You can increase or decrease your contributions based on your financial goals and retirement planning.
NPS offers tax benefits under Section 80C for contributions up to Rs. 1.5 lakh, and an additional Rs. 50,000 under Section 80CCD(1B). The returns generated from NPS are also tax-efficient, and you get tax exemptions on the corpus at the time of retirement.
Yes, NPS allows you to choose between equity, corporate bonds, government securities, or a mix of these options. You can select your asset allocation based on your risk tolerance and retirement goals.
NPS is a government-sponsored pension scheme, but it is different from traditional pension plans as it allows individuals to manage their investments and choose their asset allocation. It is designed to provide long-term retirement benefits.
At retirement, you can withdraw up to 60% of the accumulated corpus as a lump sum, and the remaining 40% must be used to purchase an annuity, which will provide a monthly pension.
Yes, you can transfer your NPS account from one fund manager to another. This flexibility allows you to choose the fund manager that aligns with your investment preferences.