NPS Calculator
Investment per month
Your age (Years)
Expected return (P.A)
NPS Calculator: Calculate National Pension Scheme Returns Online

The National Pension Scheme is one of the best solutions for people to prepare for their retirement financially. To better understand the receivable pension amount and the amount of initial investment, you must use an NPS calculator. Such a pension calculator can determine whether this scheme is worth joining or not.
This article will discuss details about an NPS calculator, how this pension is calculated, and how an NPS calculator works, among other questions.
Table of Contents
What is an NPS calculator?

What is an NPS calculator?
An NPS calculator allows a potential investor in the National Pension Scheme to determine:
- Provisional lump sum
- Pension amount per month
- Annuity
- Expected ROI
However, note that an NPS calculator shows you an approximate amount and not an exact figure.
Factors to Understand for NPS Pension Calculator
Before giving you the exact formula that the NPS uses, these terms will help clarify what that formula explains.
How does the NPS Calculator work?

How does the NPS Calculator work?
As mentioned above, the NPS calculator works based on compound interest. The formula to calculate National Pension Scheme is given below:
A=P(1+r/n)nt
As the traditional calculation in compound interest goes, the principal is multiplied by the overall rate divided by time.
Where,
- A - Amount on maturation
- P - Principal sum
- r - Expected rate of interest per annum
- t - Total tenure
Example of NPS Calculation
An example for an NPS calculation is shown below:
How to Calculate NPS?
The NPS calculator will help you calculate the monthly amount you will receive after retirement. The pension can be calculated by using the below steps:
Step 1
Choose the investment amount you need to invest per month.
Step 2
Then enter your age in a check box or use the slider to choose the age.
Step 3
Atlast, choose your expected returns and know your NPS returns instantlty
Advantages of using NPS Calculator

Advantages of using NPS Calculator
There are plenty of NPS calculator benefits. Some of them are:
- No mistakes while trying to work out how much you will get every month after retirement
- Additionally, it helps you undertake long-term financial planning
- You will be able to assess the approximate earnings per month
- You have a clear idea of the amount of investment you need to make
In conclusion, an NPS calculator is a valuable tool for understanding the amount you should invest in the NPS and expected returns. Also, for a pension planner, the tool is very useful as it gives precise numbers, albeit tentative, which makes the process very worthwhile.