How much will ₹10,000 a month in NPS give at 60?

Starting at 40 and assuming 12% a year, about ₹99.91 lakh. At 10% it would be about ₹76.57 lakh, and at 8% about ₹59.29 lakh.

How much pension will I get from NPS?

If 40% of a ₹99.91 lakh corpus buys an annuity paying 6%, the pension is about ₹19,983 a month. A larger annuity share or a higher annuity rate raises it.

What tax benefit does NPS give?

Under the old regime, up to ₹50,000 a year of your own contribution is deductible under section 80CCD(1B), over and above section 80C. Your employer's contribution under section 80CCD(2) is deductible under both the old and new regimes.

Can I withdraw from NPS before 60?

Partial withdrawals are allowed for specific needs such as higher education, a home or medical treatment, after a minimum period and within limits. Exiting fully before 60 requires annuitising most of the corpus. PFRDA sets the current rules.

NPS example

NPS: ₹10,000 a month from age 40

Investing ₹10,000 a month in NPS from 40 to 60, at an assumed 12% a year, builds a corpus of about ₹99.91 lakh. With 40% of it buying an annuity at 6%, that pays roughly ₹19,983 a month, plus a lump sum of ₹59.95 lakh.

Change the numbers

Result

₹99.91 L

Corpus at 60

Total contributed: ₹24 L
Returns earned: ₹75.91 L
Lump sum (60%): ₹59.95 L
Annuity (40%): ₹39.97 L
Monthly pension at 6%: ₹19,983

Starting at 45 instead leaves about ₹50.46 lakh, ₹49.46 lakh less, from the same monthly amount.

The pension is fixed in rupees, so inflation erodes it over retirement. Plan to cover rising costs from the lump sum or other savings.

₹10,000 a month from 40 at different returns

Annual return	Corpus at 60	Monthly pension
8%	₹59.29 L	₹11,859
10%	₹76.57 L	₹15,314
12%	₹99.91 L	₹19,983

NPS returns depend on your equity and debt mix and on the fund manager; no return is guaranteed.

How the corpus builds at 12%

Age	Contributed so far	Corpus
45	₹6 L	₹8.25 L
50	₹12 L	₹23.23 L
55	₹18 L	₹50.46 L
60	₹24 L	₹99.91 L

How this is worked out

Each monthly contribution of ₹10,000 is invested and compounds until 60, 20 years away. Summing all 240 contributions with their growth at 12% a year gives the corpus of ₹99.91 lakh.

At retirement, part of the corpus must buy an annuity, an insurance product that pays a monthly pension for life. This page uses the NPS calculator's default of 40% annuitised at 6% a year; the remainder can be withdrawn. PFRDA sets the exit rules, so check the current minimum annuity share and tax treatment when you plan withdrawals.

NPS has tax benefits on the way in: under the old regime, section 80CCD(1B) allows up to ₹50,000 a year on top of the 80C limit, and your employer's contribution under section 80CCD(2) is deductible under both regimes.

Frequently asked questions

Results are estimates for education and planning, not financial advice.

Free on Android

Know where your money stands.

Link your accounts and get your full Financial Health Score, calculated from your real transactions, pillar by pillar, not self-reported.

Try the web health check

No spam, ever. Your data stays on your device.