Axis Bank NPS Calculator

What is an Axis Bank NPS Calculator?

The Axis Bank NPS Calculator is a retirement planning tool offered by Axis Bank, designed to help individuals estimate their future pension and accumulated corpus under the National Pension System (NPS). It provides clear projections of your total investment, expected corpus at retirement, lump sum withdrawal, and monthly pension, enabling you to make informed decisions and manage your retirement savings effectively.

The NPS calculator also highlights the tax-free portion of your corpus and allows you to adjust contributions or compare scenarios, enabling informed and confident financial planning.

How to Use Axis Bank NPS Calculator

The Axis Bank NPS Calculator offers a detailed view of your retirement planning by estimating your total wealth creation, tax savings, and expected annuity. It considers both employer and self-contributions, salary growth, and returns across different investment asset classes.

Step-by-Step Guide:

1. Enter Your Current Age and Retirement Age

   Select your present age and the age at which you plan to retire. This defines your investment horizon.

2. Provide Your Annual Basic Salary

   Fill in your current basic salary as the base for contribution calculations.

3. Set the Percentage of Salary to Be Invested

   Choose how much of your basic salary you would like to invest in NPS.

4. Select Employer Contribution Frequency

   Indicate whether your employer contributes monthly or annually to your NPS account.

5. Add Self-Investment Amount

   Input any additional amount you plan to contribute besides the employer's share, along with its frequency (monthly/annual).

6. Set Salary Growth Rate

   Mention the expected annual increment in your basic salary to factor in future income growth.

7. Allocate Investment Across Asset Classes

   • Adjust the percentage allocation to equity, corporate bonds, government securities, and alternative investments.
   • Set the expected rate of return for each asset class.

8. View Results Instantly

   The calculator will then display:

   • Total investment and expected returns.
   • Projected retirement corpus.
   • Break-up of lump sum vs. annuity investment.
   • Tax savings based on applicable deductions.

9. Get Retirement Wealth Distribution

   Check how much of your corpus will be available as a lump sum and how much will be invested in an annuity, along with expected returns.

How Does the Axis Bank NPS Calculator Work? 

The compound interest formula used in the NPS calculator of Axis Bank to compute the NPS amount is as follows:

Example: NPS Investment Calculation Using Axis Bank NPS Calculator

Let’s say a 30-year-old investor wants to start retirement planning using NPS.

Input Details:

• Age at entry: 30 years
• Retirement age: 60 years
• Monthly contribution: ₹5,000
• Expected annual return: 9%

Step-by-Step Calculation:

• Investment Duration: 60 - 30 = 30 years
• Total Investment Amount: ₹5,000 x 12 months x 30 years = ₹18,00,000
• Estimated Retirement Corpus (at 8% annual return): Using the compound interest formula or an NPS calculator, this grows to approximately ₹92 lakhs.
• Lump Sum Withdrawal (60% of corpus): 60% of ₹92 lakhs = ₹55.2 lakhs (tax-free withdrawal)
• Annuity Purchase (40% of corpus): 40% of ₹92 lakhs = ₹36.8 lakhs (used to buy a monthly pension)
• Estimated Monthly Pension (Assuming 6% annuity return): Around ₹18,000 to ₹20,000 per month (based on annuity rates and selected options)

NPS Calculator

Your Age

Years

18 Years 59 Years

Enter Your Age

Monthly Investment

₹

₹500 ₹10L

Enter Investment Per Month

Expected Return on Investment

%

5% 15%

Expected Return on Investment

Percentage of Corpus Allocated for Pension

%

40% 100%

Enter Corpus Percentage

Expected Return from Pension

%

5% 15%

Enter Annuity Return

₹0

Your Monthly Pension

View Plans

₹0

Your Monthly Pension

View Plans Your Pension Calculation

Your Pension Calculation

Total Investment

Returns Earned

Maturity Amount

Maturity Amount split (Lumpsum & Pension)

60%

Lumpsum Amount

At the age of 60 Yrs

40%

Pension Wealth

At the age of 60 Yrs

View Plans

What are the Benefits of an Axis Bank NPS Calculator?

Here’s a list of key benefits of using the Axis Bank NPS Calculator, which can help you build a secure and well-structured retirement and pension plan with ease and flexibility:

Summary

The Axis Bank NPS Calculator 2025 helps you estimate your future retirement corpus, monthly pension, and tax savings with just a few inputs. It simplifies long-term planning by providing actionable insights based on your age, contributions, investment strategy, and expected returns.