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NPS Corpus Calculator

Work out nps corpus instantly with clear inputs, formula shown and shareable results.

About NPS Corpus Calculator

A national pension scheme account accumulates market-linked contributions, then a minimum share must buy an annuity at retirement while the rest may be taken as a lump sum. The pension shown assumes a 6% annuity rate on the annuitised portion.

Formula

NPS outcome

Corpus = C × annuity-due factor; Pension = corpus × annuity share × annuity rate / 12

Worked example

With the default values below, NPS Corpus Calculator returns Corpus At Retirement of $13,378,903.48. Change any input above and every figure here is recalculated in your browser.

Inputs used

Monthly Contributionminimum 0
10,000
Expected Annual Returnaccepts 0–100 %
10 %
Years To Retirementaccepts 1–42
25
Share Used To Buy An Annuityaccepts 40–100 %
40 %

Results

Corpus At Retirement
$13,378,903.48
Tax-Free Lump Sum
$8,027,342.09
Amount Used For The Annuity
$5,351,561.39
Indicative Monthly Pension
$26,757.81

Step by step

  1. 1Values used
  2. 2NPS outcome
  3. 3Corpus At Retirement= 13,378,903.48
  4. 4Tax-Free Lump Sum= 8,027,342.09
  5. 5Amount Used For The Annuity= 5,351,561.39
  6. 6Indicative Monthly Pension= 26,757.81

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax or fees or charges into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
  • This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.

Frequently Asked Questions

Why is annuitisation compulsory?

To ensure the corpus produces lifelong income rather than being spent early.

What drives the pension most?

The annuity rate available at retirement, which depends on interest rates at that moment — a real uncertainty in the plan.

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NPS Corpus Calculator – Calculate Corpus At Retirement