National Pension Scheme
NPS Calculator
Calculate your retirement corpus with NPS. Tier 1 & Tier 2 accounts, Section 80CCD(1B) additional ₹50,000 tax benefit, and monthly pension estimation.
Your NPS Details
NPS Account Type
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₹
Retirement Corpus
Maturity Amount at Age 60
₹0
Investment Period: 60 years
Lump Sum (60% - Tax Free)
₹0
Annuity Amount (40%)
₹0
Estimated Monthly Pension (6% annuity)
₹0
Total Invested
₹0
Total Gains
₹0
Annual Tax Benefits
Section 80CCD(1)Within 80C limit
₹0
Section 80CCD(1B)Extra ₹50K
₹0
Total Deduction₹0
Tax Saved (30% bracket)₹0
Tax Saved (20% bracket)₹0
NPS Rules & Benefits
Tier 1 Account
Locked till 60 years (early exit: 80% to annuity)
60% lump sum withdrawal (tax-free)
40% must buy annuity (monthly pension)
Pension income is taxable
Tax Benefits (Tier 1)
80CCD(1): Up to ₹1.5L (within 80C)
80CCD(1B): Additional ₹50K (over 80C)
80CCD(2): Employer contribution (10% of basic)
Total max deduction: ₹2L + employer contribution
Tier 2 Account
Voluntary savings account (like mutual fund)
No lock-in period, withdraw anytime
No tax benefits
Can only open after Tier 1 account
Withdrawal Rules
Partial withdrawal: 25% after 3 years (max 3 times)
Exit before 60: 80% to annuity, 20% lump sum
After 60: 60% lump sum, 40% annuity
Corpus < ₹5L: 100% lump sum allowed
Automate NPS Management for Your Employees
Our HRMS automatically manages NPS enrollment, calculates employee & employer contributions, processes deductions, and generates tax declarations for NPS benefits.