NPS Calculator – Calculate National Pension System Returns Online
Calculate the returns on your NPS (National Pension Scheme) investment
Goal Amount
Expected Return (P.A)
Time Period
Summary
To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.
Summary
To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.
Total Investment Breakup
Lumpsum Investment
Interest Earned
Total Investment
| Year | Investment Amount (₹) |
Wealth Gained (₹) |
Expected Amount (₹) |
|---|
Investing Made Easy
smallcase offers 200+ readymade stock baskets, created and managed by SEBI-registered investment experts
Try smallcase
investing made easy
smallcase offers 200+ readymade stock baskets, created and managed by SEBI-registered investment experts
Popular smallcases
Articles to help you discover the top stock collections in from trending market sectors
NPS Calculator
All you need to know about NPS Investment Calculator
The National Pension System (NPS) is a retirement savings scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA). It allows individuals to invest regularly during their working years to build a long-term pension corpus. An NPS calculator helps users estimate their future retirement savings by quickly calculating the contribution amount, expected returns, and investment duration. It shows how contributions grow over time and the pension income you may receive at retirement.
What is NPS?
The National Pension System (NPS) is a government-backed retirement savings scheme. It helps individuals build a long-term pension corpus through regular investments in market-linked instruments like equities, corporate bonds, and government securities. The final retirement amount depends on total contributions, market performance, and asset allocation. NPS offers tax benefits, flexible contributions, and a combination of lump-sum withdrawal and a compulsory annuity at retirement.
What is an NPS Calculator?
An NPS calculator is an online tool that estimates your potential retirement corpus and monthly pension based on your inputs. It calculates the projected maturity value using details such as monthly contributions, expected rate of return, and retirement age. The tool helps you understand how your contributions grow over time and estimates the lump sum and annuity you may receive at retirement.
How Can a NPS Calculator Help You?
- Estimate Future Corpus: An NPS calculator helps you estimate your retirement corpus based on your monthly contributions, expected return rate, and investment horizon.
- Track Progress: It lets you track your investment’s growth over time, helping you stay on course to meet your retirement goals.
- Plan Contributions: By adjusting contribution amounts, you can see how changes affect your total corpus, helping you make informed investment decisions.
- Understand Returns: The NPS calculator shows the potential returns you could earn on your investment, allowing you to choose the right asset allocation based on your risk appetite.
- Retirement Planning: It helps plan your post-retirement income by showing how your NPS corpus can convert into a monthly pension.
How to Use smallcase NPS Calculator?
Follow this step-by-step guide on how to use the calculator for NPS:
- Open the NPS Calculator online.
- Adjust the inflation rate:
- You can use the NPS Calculator in two ways:
Case 1 – If You Know the NPS Investment Amount
In this scenario, you need to provide 3 key inputs:
- Your investment amount
- Expected return
- Time period
Once you enter these details in the pension scheme calculator, you can get an estimate of the potential returns that you will get after the completion of your investment tenure on the NPS.
Case 2 – If You Know Your NPS Goal Amount
In this scenario, you will need to provide:
- Goal amount
- Expected return
- Time period
Once you input these details, you can get an estimate of how much you need to invest to reach your goal through the NPS Calculator.
Formula for Calculating Pension Amounts
Based on the user’s inputs, the online NPS Scheme calculator calculates the investment’s maturity value using the underlying formula.
The formula that the NPS Scheme calculator India uses is:
A = P (1 + r/n) ^ nt
The variables in the following NPS formula are:
| P | Principal sum |
| A | Amount |
| R/r | Rate of interest |
| N/n | The number of times interest compounds |
| T/t | Number of years |
Example for NPS Calculator Online
Here is an example to help you understand how the NPS calculator computes your monthly pension.
Let’s consider a government employee named “A” who subscribed to the National Pension Scheme (NPS) and contributed ₹15,00,000 over 20 years.
Let’s calculate the potential total amount using some simplified assumptions:
- Investment amount: ₹15,00,000
- Annual Rate of Return: 12% (for illustrative purposes)
- Inflation: 0%
The NPS calculator will show the results as follows:
An investment of ₹15,00,000 over 20 years, at a 12% rate of return and 0% inflation would yield a total amount of ₹1,44,69,440.
Who Can Use the NPS Calculator?
All individuals who wish to invest in the National Pension System (NPS) or are just starting the process can use the NPS calculator at no cost. The simple and easy-to-use interface makes the pension scheme calculator ideal for everyday use, whether you’re looking to calculate NPS returns or explore the current NPS interest rate for 2025. You can use the annuity calculator NPS online for free.
Advantages of Using the Pension Scheme Calculator
- Accurate Projections: The NPS calculator shows your retirement corpus based on your input, like monthly contribution, expected return, and tenure. It helps you visualise the pension you can expect at retirement.
- Helps Plan Contributions: The NPS calculator allows you to plan monthly or annual contributions based on your retirement goals. By adjusting the contribution amount, you can see its impact on your final corpus and future pension, enabling better investment decisions.
- Retirement Goal Tracking: The NPS calculator tracks your progress toward retirement by showing how different contribution rates and investment periods affect your corpus, helping you stay on course.
- Easy Comparison: The NPS calculator helps you compare different investment scenarios with varying contributions, expected returns, and periods, so you can identify the best strategy for building your retirement fund.
- Estimation of Monthly Pension: The NPS calculator estimates your monthly pension based on the accumulated corpus, helping you plan your post-retirement income and lifestyle more effectively.
- Time-Saving Tool: The NPS calculator automates calculations, saving you time compared to manual methods. It provides quick, reliable insights into how your investment choices will affect your retirement.
- Helps with Tax Planning: The NPS calculator also helps you with tax planning. It shows you the benefits under Sections 80C and 80CCD of the Income Tax Act, helping you maximise tax savings while building your retirement corpus.
- Simple to Use: The NPS calculator is user-friendly. It only requires basic details like contribution amounts, expected returns, and tenure, making it accessible even to those with little financial knowledge.
Conclusion
The National Pension System (NPS) offers a structured way to save for retirement. It provides tax incentives and long-term financial security. An NPS calculator helps you visualise your retirement corpus and pension income, making it easier to plan for a financially secure future. By contributing regularly to NPS and understanding how your contributions grow, you can actively work towards your retirement goals.
Disclaimers
The results provided by this calculator are for illustrative purposes only and are based on the inputs provided by the user, including the investment amount, expected return, and the investment time period.
The calculator assumes a constant rate of return and does not account for fluctuations. Therefore, the actual future value of the investment may differ from the estimated value.
smallcase makes no representations or warranties regarding the accuracy of the calculator’s results and is not responsible for any errors, omissions, or inaccuracies. The calculator does not consider taxes, fees, or other factors that may affect investment performance.
This calculator and the results generated are not intended as a solicitation to invest or as a recommendation for any particular investment product. Users are encouraged to consult with a qualified financial advisor before making any investment decisions.
Popular Calculators on smallcase
Popular MFs Investments
Frequently Asked Questions
What is the current interest rate of NPS?
The interest rate for NPS (National Pension Scheme) varies with the investment period. It ranges from 4.00% to 8.00% per annum as of January 2025. Use an NPS return calculator to see how the interest rate affects your corpus over time.
What are the tax benefits under NPS?
NPS subscribers can claim an additional deduction of up to ₹50,000 for investments in the NPS (Tier I account) under subsection 80CCD (1B). This benefit is in addition to the ₹1.5 lakh deduction allowed under Section 80C of the Income Tax Act. Use the NPS pension calculator to see how your deductions affect your retirement corpus.
Can I invest in NPS for 10 years?
Yes, you can exit the National Pension System (NPS) when you reach 60 years of age, which is the standard maturity age. At that point, you can withdraw up to 60% of your accumulated corpus as a lump sum, tax-free. You must use the remaining 40% to purchase an annuity that provides regular pension income. The NPS calculator can help estimate your corpus at retirement.
How do I calculate my NPS corpus?
Your NPS corpus is the total amount accumulated in your NPS account. It is the sum of your contributions, investment returns, and any government subsidies.
How much pension will I get from NPS?
The pension you receive from NPS depends on your total contributions, the accumulated corpus, the NPS interest rate, and the annuity service provider plan you choose at retirement. Use the NPS calculator to estimate your monthly pension based on these factors.
Can the pension scheme calculator tell me how much tax I’ll owe when I withdraw money?
No, the NPS pension calculator does not account for tax on withdrawals. It helps estimate your pension income, but tax calculations must be done separately according to current tax laws.
What is an Annuity?
An annuity is a financial product that provides a series of regular payments for a specific period or throughout a person’s lifetime.
What is the minimum contribution amount in NPS?
The minimum contribution amount for one year in NPS (National Pension System) is ₹500 for the Tier I account and ₹1,000 for the Tier II account.
Is it true that pension maturity values differ between Tier 1 and Tier 2?
This is a misconception. Pension maturity values are the same across the country and do not differ between Tier 1 and Tier 2.
Is NPS better than PPF?
NPS offers higher returns and tax benefits, but it involves market risks and is suited for long-term retirement planning. PPF, on the other hand, is low-risk, offers fixed returns, and has a 15-year lock-in, making it ideal for conservative savers.
Does the NPS pension calculator help calculate the tax on withdrawals?
The NPS pension calculator estimates the potential retirement corpus and monthly pension based on your contributions and expected returns. However, it does not calculate the tax on withdrawals. Taxation depends on current laws at the time of withdrawal.
Is NPS calculated monthly or yearly?
NPS contributions and returns are calculated monthly, with interest compounded monthly on the accumulated amount. However, the NPS calculator typically provides annual estimates based on monthly contributions and expected returns over the investment horizon.
What is the minimum contribution for Tier I and Tier II NPS subscribers?
- Tier I: The minimum monthly contribution is ₹500 (₹1,000 annually).
- Tier II: There is no mandatory contribution amount, but the minimum per-transaction contribution is ₹250.
What is the maximum contribution for Tier I and Tier II NPS subscribers?
- Tier I: There is no upper limit on contributions, but tax benefits under Section 80C are available up to ₹1.5 lakh annually. An additional ₹50,000 can be claimed under Section 80CCD(1B).
- Tier II: There is no upper limit on contributions, but it is not eligible for tax benefits.
Can the calculator tell me how much tax I'll owe when I withdraw money?
No, tax implications are not taken into consideration by the NPS Calculator.
What is Annuity?
An annuity is a financial product that provides a series of regular payments or income for a specific period or throughout a person’s lifetime.
What is the minimum contribution amount in NPS?
The minimum contribution amount for one year in NPS (National Pension System) is Rs. 500 for Tier I account and Rs. 1,000 for Tier II account.
Is it true that pension maturity values differ between tier-1 and tier-2?
This is a common misconception. The pension maturity values do not differ and thus, remain universal throughout the country.
Discover Popular Articles by smallcase
Learn more about various financial instruments, trending sectors, popular themes, and companies that are thriving in the current markets before investing.
Best Highest Priced Shares in India 2025: Most Expensive Stocks
Read More
Top High Growth Stocks in India 2025
Read More
List of Top Metal Stocks in India (2025)
Read More
High Dividend Stocks India (2025): Top Yields & Sector Insights
Read More
Stock Investing Made Easy
Simple, quick and delightful investing for you!
Scan to Download
Don't take our word for it
smallcase is trusted across the Indian investment ecosystem
Finally got access to @smallcaseHQ and gotta admit, it ‘s the most beautiful investment product I’ve ever seen.
first stock market investment today. in case you’re a stock market noob like me, highly recommend @smallcaseHQ!
One product that impressed me a lot in last 1 yr & also benefitted me personally is @smallcaseHQ – never got interested in markets earlier 🥇
Lately, been playing w/ stocks & wealth mgmt apps. Amongst all,@smallcaseHQ is the shining star. Absolute recco on 💻 & 📱
OK! I found @smallcaseHQ at this odd hour. ALAG LEVEL. Isn’t it alike your own mutual fund?
The best investment tech startup in India today.@smallcaseHQ hoping you guys are the catalyst to get the next million to the markets 🙂
@smallcaseHQ love your product! Kudos!
@smallcaseHQ! What a brilliant product. One of the best I’ve seen.
Agree ” mutual funds sahi hai “, but somehow started feeling smallcase better hai! ☺ What a product! Thanks @smallcaseHQ and@zerodhaonline !!
Felt like Buffett when I logged on to @smallcaseHQ today 😀 There are only two kind of ppl – those who have a Smallcase and those who will!
Take a bow @smallcaseHQ! What an incredible product! 🙏🏻 The ease at which you make equity investing happen – such a breath of fresh air!
They way I am promoting @smallcaseHQ I won’t be surprised if I am mistaken as their business development executive. Impressive product. Keep up the great work you are doing. Happy new year.
Ladies and gentlemen, check out @smallcaseHQ. Even if you don’t end up investing, you’ll be impressed by how pretty it is! 😘
Great way for those early to investing to get exposure to sectors/themes thru @smallcaseHQ. Well researched and easy to buy and manage portfolios.
Had an Amazing experience on building own #theme based#portfolio And guess what i can customise the amount i want to #invest and where to #invest@smallcaseHQ @AxisDirect_In
Fallen in love with @smallcaseHQ– what a smooth, smooth product. Anybody else here using it?
A very simple, low cost asset allocation solution using ETFs is to go for All Weather Portfolio offered by @smallcaseHQ
Invested for the first time during muhurat trading. Adult feels max!@smallcaseHQ 🙌🏻
You can save this tweet of mine. @smallcaseHQ is the future of investing. They will beat the best performing mutual fund and pms hands down. Absolutely no comparison. The sooner people realise this, the better will be their cagr.
Only the best —> @smallcaseHQ Thank me after 10 years.
2 years to this tweet and @smallcaseHQ is still my top rated product
@smallcaseHQ has to be the most unique “fintech” idea I’ve seen in India. Should’ve taken it seriously long back.
Gotta say this. Smallcase is KILLING IT!!!! 🔥
smallcase is one of those rare businesses creating real value for customers/investors, through original thinking and great product design. Go @smallcaseHQ
Haven’t seen a better product than @smallcaseHQ in a while. Stunning.
@smallcaseHQ is one of the best new products that I’ve tried 😍
No matter how much I praise @smallcaseHQ It will still be less for them. Fantastic App, they have made investing so much simple and sharing your fav stocks too. Gamechanger in the fintech ecosystem.
So, I have been using @smallcaseHQ for investing some money and it’s one of the best I would say for rookies like me. Go ahead and try it out.
