80CCD(1B) and a 60/40 stub
Contributions compound monthly at the return you type. At exit the worksheet hard-codes 60% lumpsum and 40% annuity, then monthly pension = (40% × corpus × annuity rate) / 12. That is not a PFRDA quote.
₹50,000 extra under 80CCD(1B) is about ₹4,167 a month after 80C is full. Employer 80CCD(2) is a different line. NPS after 80C. Lock-in is the price of the deduction.
60/40 stub at exit
Motion is the same maths as the worksheet. Reduced-motion browsers skip the grow.
Calculator education
When to use this calculator
Use this page to illustrate a monthly NPS contribution growing to retirement, then a simple 60% lumpsum / 40% annuity stub and a monthly pension at an annuity rate you type.
How to read your result
Total invested is contributions × months. Corpus at retirement is the SIP-like growth at your assumed return. Lumpsum and monthly pension follow the hard-coded 60/40 split and the annuity rate slider — not a PFRDA quote.
80CCD(1B) is a tax-line explanation in the guides. This engine does not import Form 16.
Key assumptions and limitations
- A constant monthly return you type until retirement age.
- Exit split 60% lumpsum / 40% annuity is a worksheet stub, not your actual choice at 60.
- Monthly pension = (40% × corpus × annuity rate) / 12. An insurer will quote something else.
Common mistakes
- Treating the pension stub as a guaranteed annuity quote.
- Double-counting employer 80CCD(2) as 80CCD(1B).
- Adding the NPS corpus to a SIP screenshot that used different inflation and a different end date.
Related guides
Related calculators
NPS figures here are contribution maths plus a 60/40 stub. Account opening and annuity quotes happen on official NPS channels. Rules and rates can change. Check the latest notification or official guidance before making a financial decision. Full disclaimer.
Author / methodology
What I check on NPS
- 80CCD(1B) is a different line from 80C. ₹50,000 extra is about ₹4,167 a month.
- This page hard-codes 60/40. That is not my PFRDA paperwork.
- The pension stub uses the annuity rate I typed. An insurer will quote something else.
NPS is PFRDA plumbing three different pots, one 60/40 stub on this site
Your PRAN is not a mutual-fund folio. The annuity is bought from a life insurer at exit, not from the pension fund.
| Layer | Who runs it | What this worksheet hard-codes |
|---|---|---|
| Pension fund (equity / corp / g-sec) | PFMs under PFRDA; NAV can fall | One blended return slider, not your actual allocation |
| 80CCD(1B) ₹50,000 | Income-tax Act, after 80C is full | You still have to type the monthly rupees |
| Exit | Insurer sells the annuity on the 40% (rules can change) | 60% lumpsum / 40% annuity and pension = 40% × corpus × annuity rate / 12 |
Employer 80CCD(2) is a different line. This page does not size it.
Hard-coded 60/40 on this site. About ₹95 lakh corpus. Not a PFRDA quote.