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 scheme launched by the government of India in 2004 to extend retirement savings to large sections of the Indian population working in the organized sector. All employed Indian citizens aged between 18 and 60 can enroll in the scheme and open an NPS account. If you are still undecided about joining the scheme, our NPS calculator will help you calculate the potential returns and help you make an informed decision. Read on to learn more.     

All you need to know about the NPS calculator

Essentially, the NPS calculator is a tool designed to help individuals estimate the potential return on their investments made via the NPS route. The calculator factors in details like the investment per month, the expected return, and age, and provides estimates of the retirement corpus and the monthly pension amount.

Calculating NPS returns online

While NPS is a popular investment scheme, only a few know how to calculate the returns. But the good news is that returns on NPS schemes can be calculated easily online as several online platforms provide the calculator. If you are mathematically inclined, you can use the given formula to calculate your NPS returns.

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



A = amount due at maturity

P = the principal sum

R/r = the rate of interest per annum

N/n = the number of times the interest compounds

T/t = for total tenure

Using the NPS calculator

The NPS calculator is a super easy tool that anyone can use if they follow a few logical steps: 

  • Go to a website that offers NPS calculators, like CoinSwitch. 
  • Input details like contribution amount, your current age, your retirement age, and the expected rate of return.
  • Once all the above details are added, hit “Calculate”.
  • The NPS calculator will project the potential retirement corpus and monthly pension amount.

Who can use the NPS calculator?

The NPS calculator is free and easily accessible to anyone. But it would benefit you the most if you have any concerns about investing in NPS as the calculator can give you clarity about the estimated amount you can expect to receive on maturity.  

The NPS returns calculator will help individuals estimate the corpus amount they will receive on retirement which can help them plan their retirement more efficiently. 

National Pension Scheme calculator can bring many benefits 

The NPS calculator can benefit you in more ways than one. Here are some of them. 

  • Precise results

Errors can creep in with manual calculations, but not if you are using a calculator. With an NPS calculator, you can always expect accurate results if you input the correct details. The potential accurate return from an NPS scheme can help investors plan their retirement years.

  • Helps in retirement planning

Planning for the future is fun when you know how your sunset years will pan out financially. By estimating the potential return, the NPS calculator helps investors plan their future and tweak their investment strategy to achieve their financial goals. 

  • A time-saver

Calculating returns on an investment scheme like NPS can be tedious and time-consuming as it involves complex mathematical formulas. However, with the NPS calculator online, investors can get the computation instantaneously, saving time.  

  • A versatile tool

Our NPS calculator is a versatile tool. It helps users estimate their corpus, compare investment options, set goals, and make informed decisions. 


The utility and benefits of an NPS calculator cannot be overstated. Anyone planning to invest in an NPS scheme should check out the calculator to plan their retirement seamlessly. Even if you are young, the calculator can help you customize projections of future returns.


1.Can the calculator help me with the taxable amount applicable on withdrawal?

Yes, the NPS calculator can help determine the tax amount while withdrawing funds from an NPS account. In fact, it can calculate the taxable and non-taxable portions of your withdrawal amount.

2.Is NPS calculated monthly or yearly?

The NPS contributions are typically calculated monthly. However, they can also be calculated quarterly or annually.

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

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

4.Will I get tax benefits for my NPS investment?

Tax benefits under NPS include deductions up to ₹1.5 lakh annually under Section 80C of the Income Tax Act. It also offers partial tax exemption on withdrawals at retirement.

5.Is NPS a safe investment?

NPS is a relatively safe, government-backed investment scheme. However, being a market-linked investment option, it comes with its share of risks.