NPS Calculator

Secure your retirement with confidence using our NPS Calculator, simplifying the process of estimating your pension fund growth.

Investment per Month



Expected Return (p.a)




Your Age




Total Investement


Interest Earned


Min. Annuity Investment


Maturity amount


The National Pension Scheme (NPS) is a market-linked government-backed savings and pension program. Any employed citizen between 18 and 60 years of age from any organized sector can set up an account. The contribution is made on a monthly basis. The withdrawal options vary depending on the type of NPS scheme one opts for—Tier I or II. Here, we help you learn how to calculate your returns from the scheme—with and without our NPS calculator.

Everything about NPS calculator

NPS is a popular investment option in India. Yet, not many know how to do the math to calculate their returns. That’s why we are bringing you an online NPS calculator that will do the job for you. Not only is it easy and free to use, it is also very accurate and quick.

Calculate NPS returns online

You can calculate your NPS returns online with online calculators like the one above. Such calculators are available for free these days on several websites. However, if you wish to understand the math, the scheme uses compound interest to calculate returns. So the formula for calculating returns is:


A = P (1 + r/n) ^ nt


In this equation:

A is the Amount due at maturity

P is the Principal sum

R/r refers to the Rate of interest per annum

N/n is the Number of times the interest compounds

T/t stands for the Total tenure

How to use the NPS calculator

You can use our NPS calculator with four simple steps: 


Step 1. Visit this page on our platform.


Step 2: Enter the amount you want to invest every month towards your retirement corpus.


Step 3: Enter your current age and the age at which you plan to retire.


Step 4: Hit “Calculate.”

Who can use the NPS calculator?

Anyone can use the NPS calculator, but it would make most sense to use it if you are investing in the NPS. To invest in the NPS, of course, you simply need to be an employed adult citizen under the age of 60.


The calculator would naturally most benefit those interested in estimating their pension amount under the NPS scheme. It will help individuals estimate the corpus amount they can accumulate or the amount they will receive on retirement.

Benefits of using the National Pension Scheme calculator

Using an NPS calculator has several benefits. Let’s look at some of them.

  • Accurate results

An NPS calculator helps users generate accurate results. That means they are better placed to estimate the amount they will receive on retirement. This, in turn, helps them achieve any retirement goals they may have.

  • Future planning

NPS calculators enable investors to secure the financial future. Because having a clear idea about your future returns lets you plan for and achieve your financial goals.

  • Saves time

The NPS calculator makes life so much easier and simpler. It offers instant results, thus saving time and effort. This is especially crucial during more complex calculations. The quick results helps individuals make better informed decisions.

  • One-stop online calculation

Our NPS calculator offers a one-stop online calculation. That means you can use it to estimate your corpus, compare investment options, set goals, and make informed decisions without having to visit a variety of websites.


The NPS calculator is a must for anyone interested in investing in the well-known government pension scheme. Using the calculator, both potential investors and seasoned investors can plan their retirement effectively. It helps investors make informed investment decisions and in estimate the potential growth of their corpus.


1.Can the calculator help me determine the amount of tax I have to pay when withdrawing the money?

Yes, this calculator can help you understand the tax implications of withdrawing funds from your NPS account. The calculator estimates the taxable and non-taxable portions of your withdrawal amount. It also takes into account the tax laws and regulations on NPS withdrawals.

2.Is NPS calculated monthly or yearly?

The NPS calculation can be monthly or yearly. The choice largely depends on individual preferences, financial capabilities, and investment objectives.

3.What is the current interest rate of NPS?

The rate of interest and returns for NPS accounts are market-linked. However, going by the past, the interest rate for NPS tends to range between 9% and 12%.

4.What is the minimum contribution for Tier I and Tier II NPS subscribers?

The minimum contribution while opening a Tier I NPS account is ₹500. The minimum opening contribution for Tier II NPS is ₹1,000.

5.What are the tax benefits under NPS?

Under Section 80 CCD of the Income Tax Act, NPS account holders are eligible for tax deductions. A maximum deduction of ₹1.50 lakh per annum is permitted. NPS also offers partial tax exemption on withdrawals at retirement.

6.Is NPS risk-free?

NPS is an investment option managed by the government’s Pension Fund Regulatory and Development Authority (PFRDA) so in that sense it is relatively safe. However, being a market-linked investment option, it does involve a fair amount of risk. That said, you can decide how much risk you wish to take on with NPS while creating the account.

7.Is there a minimum number of contributions that should be made in a year?

Yes, a minimum number of contributions is required to maintain an active NPS account. At least one contribution in a financial year is a must for Tier I accounts. Tier II accounts have no such requirement.

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