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Calculate total retirement corpus, 60% tax-free lumpsum payout, and monthly lifelong pension.
Expected pension of ₹28,083/mo for life
Calculations follow official federal and central bank guidelines (IRS, RBI), statutory tax provisions, and standardized actuarial compounding.
Why our math is exact vs other portals →The NPS Calculator (National Pension System) is built to eliminate financial ambiguity by applying exact Indian financial mathematics rather than generic, oversimplified online estimates.
Whether evaluating interest liability on bank credit, calculating compounding acceleration on systematic investments, or forecasting net post-tax maturity values, accurate forecasting ensures you never misjudge your cash flow or long-term corpus.
At age 60, up to 60% of the corpus can be withdrawn completely tax-free; remaining 40% is converted into a monthly pension.
Flat monthly or annual compounding estimates
Official RBI quarterly compounding [A = P(1+r/400)^4t] for bank FDs and sovereign 15-year statutory PPF rules.
In India, retail lending follows RBI guidelines on reducing balance compounding and External Benchmark Linked Lending Rates (EBLR/RLLR). Fixed deposits follow RBI quarterly compounding mandates, while mutual fund equity investments adhere to SEBI NAV timing and post-Budget 2024 capital gains tax provisions (12.5% LTCG over ₹1.25L).
₹5,000/mo invested from age 28 to 60 at 10% expected return.
Total corpus at age 60 = ₹1.14 Crores. Tax-free lumpsum payout = ₹68.4 Lakhs. Monthly lifelong pension = ₹22,800/mo.
Benchmark guaranteed returns, taxation rules, and sovereign safety across India's premier savings instruments.
| Scheme Name | Current Interest Rate | Tenure / Lock-in | Tax Treatment | Safety Guarantee |
|---|---|---|---|---|
| Bank Fixed Deposit (FD) | 6.80% - 7.50% | 7 days to 10 years | Interest fully taxable at slab rate | DICGC Insured up to ₹5 Lakh |
| Public Provident Fund (PPF) | 7.10% (Tax Free) | 15 years lock-in | Exempt-Exempt-Exempt (EEE Status) | Sovereign 100% Guaranteed |
| Employees' Provident Fund (EPF) | 8.25% | Until retirement | Tax-free up to ₹2.5L employee contrib | Sovereign EPFO Managed |
| National Pension Scheme (NPS) | 9.5% - 11.5% (Market) | Up to age 60 | Extra ₹50k deduction under 80CCD(1B) | PFRDA Regulated |
You can claim an exclusive tax deduction of up to ₹50,000 per year for NPS investments under Section 80CCD(1B), over and above the ₹1.5 Lakh limit under Section 80C in the Old Tax Regime.
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