NPS Exit Calculator
Find out exactly what exit route you qualify for under PFRDA's Dec 2025 rules, and how your NPS corpus splits between lump sum and annuity — with the regulation cited for every number.
Step 1 of 4: About you
What can you actually withdraw?
Answer a few questions about your age, sector, and balance — see your exit route, your rupee split, and the citation behind every figure.
No sign-up required. All calculations run in your browser.
About you
Your accumulated pension wealth as of today. Find this on your CRA statement or the NSDL/Protean app.
Which NPS account?
Since you're under 18, an NPS Vatsalya account is the only one that applies to you.
Tenure
The date your employer sets as your official retirement/superannuation date.
The date you voluntarily converted, or your 21st birthday if no option was exercised. This — not the joining date above — is what drives your 15-year eligibility clock.
Most accounts use the standard 15-year vesting period — only answer "Yes" if your scheme document says otherwise.
This determines which slab table (80/20 vs 60/40) applies to your exit — independent of the Vatsalya question above.
NPS-Lite's mandatory 40% annuity must pay at least ₹1,000/month — if the assumed rate below can't reach that on your balance, the entire corpus must be annuitised instead. This is illustrative only; there's no guarantee the actual ASP rate at purchase reaches ₹1,000 even then.
Only relevant if your balance is ₹2 lakh or below — otherwise this has no effect on your result.
Deducted from your full-withdrawal amount before payment.
What are you exploring?
We'll work out from this date whether you qualify for a normal exit or a premature/voluntary exit — you don't need to know which applies.
Deferring both components isn't available — that's equivalent to continuation (contributions may continue, no action needed, exit any time before 85).
Without the certificate, this is processed as a premature exit instead of a normal exit.
This shows the interim relief available to nominees while a subscriber is missing, based on the sector and balance you've already entered.
Required before any withdrawal is permitted during the 18–21 decision window — but you can still see the numbers either way.
This shows what your nominee would be entitled to if you passed away today, based on the sector and balance you've already entered — not something you need to plan for on a specific date.
Government accounts have a mandatory default annuity in this case, different from an ordinary death benefit.
Tier II has no exit rules to calculate
NPS Tier II is a voluntary savings account with no lock-in period, no mandatory annuity purchase, and none of the PFRDA exit/withdrawal regulations that apply to Tier I. You can withdraw from Tier II at any time, subject only to your own investment choice's liquidity.
This does not apply to a Tier II Tax Saver Scheme (TTS) account — check below.
Central Government employees with an active Tier I account only. TTS carries its own 3-year lock-in, independent of Tier I.
Below 18, this is a guardian-operated account — no exit tree yet
NPS Vatsalya has no withdrawal or exit options while the subscriber is a minor. The account continues to accrue returns, and a three-year decision window opens automatically once the subscriber turns 18 — come back then to see the real options.
Enter a date of birth showing an age of 18 or older to see the Vatsalya decision window.
You can defer this decision
You've reached normal-exit terms, but you don't have to act now. You can defer just the component you chose — continuing your account until age85.
No further contributions are permitted while deferred, and the other component is settled now. When you do decide to exit the deferred component, the rules in force at that time will apply. Come back to this calculator whenever you're ready to see your numbers.
Your account continues automatically
No action is required. Contributions may continue, and the account runs on until age85, when exit becomes mandatory.
This is different from deferring a specific component (lump sum or annuity) — continuation doesn't lock anything in, and you can choose to exit at any time before 85 instead. Come back to this calculator whenever you're ready to see your exit numbers.
Interim relief while the subscriber is missing
If the subscriber is later found alive, the account continues normally and the interim amount already paid is adjusted against the final withdrawal. Identification as missing rests on NPS Trust certification.
Default annuity applies (mandatory)
Because the subscriber's annuity purchase was deferred (or in continuation) at the time of death, the entire accumulated pension wealth of—purchases a specific default annuity — this is not a lump-sum/annuity choice.
- Life annuity for the subscriber and spouse, with return of purchase price
- On the demise of both, re-issued to the mother of the deceased subscriber, then the father, at the original premium using the returned purchase price
- After those, the purchase price goes to surviving children, and failing children, to other legal heirs
This default annuity is mandatory in exactly three cases: exit due to death, death before a deferred annuity is purchased, and a subscriber declared missing and presumed dead. Non-government tracks pay nominees or legal heirs directly instead — there is no equivalent mandatory default annuity there.
We can't give you a confident number here
Rather than guess, we'd rather talk it through with you directly — book a free consultation and we'll work through your specific situation.
Your exit route
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You're within about 6 months of this mark — allotment can trail registration by a day or two, so confirm the exact date with your CRA (NSDL/Protean/KFin) before initiating exit.
Your Vatsalya decision window has closed
No option was exercised by age 21 (on ), so this account was automatically shifted to the high-risk variant (higher equity exposure) under the Multiple Schemes Framework of the same Pension Fund Manager. NPS Vatsalya's own withdrawal and exit options no longer apply — the account is now governed by the main NPS Exit Regulations, the same ones this calculator models for every other account type.
Any future withdrawal still requires completed and verified KYC. This is a factual description of what happened automatically, not a recommendation either way.
Separately from the exit options above, NPS Vatsalya allows a limited number of partial withdrawals for specific purposes:
This uses a different base than a full exit — 25% of contributions only (not the corpus, which includes investment growth) — with its own 3-year lock-in and its own withdrawal count.
Just the money paid in, not the current balance shown on the CRA statement.
Separately from the exit options above, NPS allows a limited first partial withdrawal for specific purposes. This covers only your first-ever partial withdrawal — a second or later withdrawal has different, incremental limits not covered here; talk to us directly for that.
This purpose can only be used once in the entire subscription period.
The 3-year lock-in runs from here.
Just the money you've paid in, not the current balance shown on your statement.
Frequently Asked Questions
Can I withdraw 100% of my NPS corpus?
Only if your corpus is ₹5 lakh or less (at any exit type) or ₹8 lakh or less at normal exit — in those cases, 100% lump-sum withdrawal is permitted with no mandatory annuity. Above these thresholds, a minimum portion must go into an annuity.
What happens if I exit NPS before 60 (premature exit)?
Premature/voluntary exit is far more annuity-heavy than normal exit — typically a maximum of 20% lump sum with at least 80% mandatorily annuitised, versus up to 80% lump sum (non-government) at normal exit. The one exception is a corpus of ₹5 lakh or less, which can still be withdrawn in full even on premature exit.
How much annuity is compulsory on NPS exit?
It depends on your corpus and exit type. At normal exit with a corpus above ₹12 lakh, the minimum is 20% (non-government) or 40% (government). At premature exit above ₹5 lakh, the minimum jumps to 80%. Below the relevant threshold, no annuity is required at all.
Is the NPS lump sum withdrawal fully tax-free?
Not always. Section 10(12A) of the Income-tax Act exempts up to 60% of the corpus taken as lump sum — but PFRDA now permits up to 80% (non-government, normal exit) or 60% (government) as lump sum. Any lump sum taken above the 60% tax-exempt ceiling is taxable at your income-tax slab rate, regardless of how much PFRDA permits you to withdraw.
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Disclaimer: Returns are not guaranteed or assured. The calculator's accuracy is not warranted. Before making any investment decisions, please seek advice from your financial advisors.
NPS is a defined-contribution retirement product regulated by PFRDA; investment outcomes depend on the selected investment option and market performance, and applicable exit/withdrawal conditions should be reviewed.
Disability and missing-subscriber exits follow separate medical-certification processes not modelled by this calculator — talk to us directly for those.
