Can I withdraw NPS early?

Yes, with restrictions. Partial withdrawal up to 25% of own contribution is allowed after 3 years for specified purposes. Full premature exit before 60 requires 80% of the corpus to go into annuity.

NPS Calculator

Project NPS corpus, 60% lump-sum and the annuity-driven monthly pension.

Current age(years)30

Monthly contribution(₹)5,000

Expected NPS return(% p.a.)10.00

Annuity portion at 60(%)40

Annuity rate(% p.a.)6.00

NPS corpus at 60

₹1,13,96,627

Lump sum (60% max tax-free)

₹68,37,976

Monthly pension

₹22,793

// about this calculator

NPS is a market-linked pension scheme regulated by PFRDA. At retirement, up to 60% can be withdrawn as a tax-free lump sum; the balance must be used to purchase an annuity that pays a monthly pension for life. Subscribers get an additional ₹50,000 deduction under Sec 80CCD(1B) beyond the standard 80C ceiling.

// frequently asked questions

Tier I is the mandatory retirement account with a lock-in until 60 and full tax benefits. Tier II is a voluntary investment account with no lock-in but also no tax benefits (except for government employees).