Annuity Calculator

Monthly pension from your NPS annuity portion.

Estimate the indicative monthly pension that the mandatory annuity portion of an NPS corpus would generate, at a chosen annuity rate.

Inputs

Enter your assumptions

Retirement corpus

₹

Annuity share at exit40 %

20 %100 %

Annuity rate (gross)6 % p.a.

4 % p.a.9 % p.a.

Return of Purchase Price?

Computed output

Result

Annuity corpus₹ 8.00 Lakh

Lump sum at exit₹ 12.00 Lakh

Indicative monthly pension₹3,667

Indicative annual pension₹44,000

Assumptions

What this calculator assumes

·Annuity rates vary by ASP, age at purchase, and annuity option chosen.
·Selecting 'Return of Purchase Price' typically reduces the gross annuity rate by ~0.5%.
·Joint life annuity, increasing annuity, and other variants are not separately modelled.
·Pension income is fully taxable in the subscriber's hands in the year of receipt.

This output is an estimate based on the assumptions you entered and the simplifications stated above. It is not a projection of any specific NPS account, fund, or product, and it is not personalised investment, tax, legal, or retirement advice. Verify current rules from official sources and consult qualified professionals before acting.