NPS Calculator 2026: how much pension will you get?
Invest monthly in NPS and get a corpus plus monthly pension at 60. Extra Rs. 50,000 tax deduction under 80CCD(1B), over and above 80C.
NPS vs APY: what is the difference?
APY: fixed pension (Rs. 1,000 to 5,000), government guaranteed, low contribution, aimed at unorganised workers.
NPS: market-linked, higher corpus potential, Rs. 50,000 extra tax benefit, partial lump sum, aimed at salaried people and professionals.
At 60 in NPS: 60% lump sum (tax free) plus 40% annuity (monthly pension). Before 60: 20% lump sum plus 80% annuity.
Key rules
- Join between 18 and 70
- Rs. 50,000 extra under 80CCD(1B), over and above 80C
- At 60: 60% tax-free lump sum plus 40% annuity
- Market-linked, not guaranteed
- Tier I (locked) and Tier II (flexible) accounts
- 25% partial withdrawal after 3 years for specific reasons
Frequently asked questions
What is the extra Rs. 50,000 NPS tax benefit?
Over the Rs. 1.5 lakh under 80C, section 80CCD(1B) allows another Rs. 50,000, a total of Rs. 2 lakh in tax benefits.
Are NPS returns guaranteed?
No. NPS is market-linked (equity plus debt). Long-term averages are around 8 to 12%, but nothing is guaranteed.
Can I withdraw from NPS before 60?
20% lump sum plus 80% annuity. After 3 years, 25% partial withdrawal is allowed for specific reasons such as education, medical treatment or a house.
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Source: Ministry of Finance / India Post, rates Q4 FY2025-26, subject to quarterly revision. Results are indicative; confirm final figures with your bank or post office.