Your Retirement, Made Simple
Compare pension plans, calculate your retirement needs, and secure your future with ease
3 Steps to Secure your Future
Know How Much you Need to Retire Rich & Stress-free
Pension Calculator
You need monthly income of
₹0/month
at the age of 60
Based on 5% Inflation. See how?
To get a corpus of
₹6.70Cr
in 20 years @15% CAGR
Which gives you
Income for life
/month for household expenses
from ₹3.70Cr invested in annuity @7%
Any other big expenses to plan for in retirement?
Plan for Big Events
Your retirement isn't just about daily expenses. Factor in life's major milestones to ensure you're fully prepared.
On retirement, you'll need
₹3.00Cr
for your big events.
To get a corpus of
₹6.70Cr
in 20 years @15% CAGR
Which gives you
Income for life
/month for household expenses
from ₹3.70Cr invested in annuity @7%
Lumpsum payout
₹1.94 Cr
for your big events
NPS – “The Smarter Way to Retire”
The National Pension System (NPS) is a market-linked, voluntary and defined contribution pension scheme in India regulated by the PFRDA which helps subscribers plan and save for their retirement. NPS is an EEE (exempt-exempt-exempt) scheme under which significant tax benefits are applicable in both investment & withdrawal phase.
High returns
Upto 16%*Historically delivered upto 16%* , outperforming most traditional pension products
(source: NPS trust for Tier I equity scheme)
Triple tax benefit on contributions
Save up to ₹2.7 L per annumSave taxes under Section 80CCD (1), 80CCD (1B) & 80CCD (2)
Government backed
PFRDA regulatedRegulated and secured by PFRDA, ensuring transparency and safety
Tax free withdrawal + Assured pension at retirement
80% lump sum | 60% tax-freeWithdraw up to 80% of your NPS corpus at retirement, with 60% completely tax-free, and use the rest to receive a guaranteed lifelong pension.
Market-linked growth
Equity & debt mixGrow your wealth with professional fund management across equities, corporate bonds & government securities
Lowest-cost retirement product
Charges <0.3% in IndiaNPS has one of the lowest charges across pension options available in India (<0.3%)
Shri Sivasubramanian Ramann
Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA)
How to start NPS via Pensionbazaar
Invest in NPS
In less than a minute
STEP 01
Basic details & KYC
Share a few essentials to get your journey started
STEP 02
Compare & choose your plan
Explore options and pick a plan that suits your goals
STEP 03
Finalise & review your detail
One last check before you invest
STEP 04
Invest & let your money grow
Start now. Retire stress-free.
A Quick Look at the Popular Retirement Planning Options
Annualised
Returns
Tax Exemption on Investment
Taxation on Maturity
Contribution Limit (Per Financial Year)
Flexible Investment options
Exempt
(u/s 80 CCD)
Partially taxable
(Upto 60%
corpus tax free)
No Limit
Yes
7.1%
Exempt
(upto 1.5 L u/s 80C)
Tax free
1.5 L
(in a Financial
Year)
No
8.2%
Exempt
(upto 1.5 L u/s 80C)
Partially taxable
(upto 50K can be
exempted)
30 L
(Lifetime)
No
Exempt
(upto 1.5 L u/s 80C)
Partially taxable
(exempt if annual premium is less than 2.5L)
No Limit
Yes
7.4%
Exempt
(upto 1.5 L u/s 80C)
Taxable
9 L
(Lifetime)
No
10%–12%
Taxable
(select MF exempt)
Taxable
No Limit
Yes
6%-7%
Taxable
Taxable
No Limit
No
Taxable
Taxable
No Limit
Yes
Learn More About NPS
Let's Understand the Tax Exemptions
The national pension system can offer lakhs in tax savings.
Let's understand tax the exemptions you can avail on NPS contributions!
Old Tax Regime
-
₹1.5 L –
Your contribution under section 80 CCD (1)*
-
50 K –
Additional under section 80 CCD(1b)
-
14%^ of basic salary -
Additional under section 80 CCD(2) -
Employer contribution to NPS from your CTC
* Subject to max ₹1.5L under 80C
^ 14%
for government, 10% for private sector employees
New Tax Regime
-
14% of basic salary –
Additional under section 80 CCD(2) – Employer
contribution to NPS from your CTC
Self Employed
-
Upto 20% of gross total income, subject to maximum of ₹1.5L under section 80 C
Types of NPS Account
01 Tier I Account
The primary, tax-benefit retirement account under NPS with low minimum yearly contributions
-
Who can open:
All eligible subscribers (Residents, NRIs, OCIs)
-
Minimum contribution:
- • ₹500 at account opening
- • ₹1,000 per financial year (to keep account active)
-
Withdrawals:
- • You can make up to four partial withdrawals before retirement
- • Minimum 15 years or until age 60, whichever is earlier
-
Tax Benefits:
• Tax benefit on investments
- • ₹1.5 lakh u/s 80CCD(1) (within the overall limit)
- • Additional ₹50,000 u/s 80CCD(1B)
- • Upto 14% of basic salary (over and above) u/s 80CCD(2) - Employer Contribution to NPS from your salary
• Tax Benefit on Maturity Amount:- • At retirement, you can withdraw up to 80% as a lump sum and use the remaining 20% to buy an annuity.
- • Up to 60% of the corpus can be withdrawn tax-free as lump sum
- • Minimum 20% must be invested in an annuity the investment is tax-free, while annuity income is taxable
Best for: Investors who want to use NPS for retirement planning
02 Tier II Account
A voluntary, flexible savings account under NPS with easy withdrawals.
-
Who can open:
Only those who already have a Tier I account (Not available to NRIs/OCIs)
-
Minimum contribution:
₹1,000 at account opening, ₹250 per transaction
-
Withdrawals:
Anytime, no restrictions
-
Tax Benefits:
• Tax benefit on investments : Nil
• Maturity amount is taxable
Best for: Investors who want to use NPS for short/medium-term savings
with low charges.
Investment Choices in NPS
01 Auto Choice (Life-Cycle Fund)
Is Hands-Free Approach, ideal for beginners who don't want to actively manage allocations. The mix of equity and debt adjusts automatically as you grow older.
-
Life Cycle 25 – Low Equity exposure starts at 25% till age 35 and gradually reduces to 5% after age 55
-
Life Cycle 50 – Moderate Equity exposure starts at 50% till age 35 and gradually reduces to 10% after age 5
-
Life Cycle 75 – High Equity exposure starts at 75% till age 35 and gradually reduces to 15% after age 55
-
Life Cycle – Aggressive Equity exposure starts at 50% till age 45 and gradually reduces to 35% after age 55
Best for: First-time investors who prefer a "set-and-forget" approach
02 Active Choice - DIY Allocation
If you want to design your own portfolio, you can split contributions across these asset classes (subject to limits):
-
Equity (E): Invested in listed shares (max 75% till age 50; reduces after that). Higher risk, higher return potential
-
Corporate Bonds (C): Debt issued by corporates. Moderate risk, stable income
-
Government Securities (G): Sovereign bonds. Lowest risk, steady returns
-
Alternative Assets (A): REITs, InvITs, etc. (Max 5%). For diversification
Best for: Experienced investors who want control and have risk appetite
03New Pension Schemes
-
Choose high-growth options with equity exposure of up to 100%
-
Flexible exit after 15 years or on reaching age 60 whichever is earlier
-
Invest across multiple pension schemes under one NPS account
-
Pension Fund Managers can offer customised schemes for different investor groups with varying risk levels
Pension Fund Managers (PFMs)
Your contributions are managed by licensed Pension Fund Managers (PFMs). You can choose one from the list and even switch later.
Current PFMs include:
SBI Pension Funds
HDFC Pension Fund
ICICI Prudential Pension Fund
UTI Retirement Solutions
Kotak Mahindra Pension Fund
Axis Pension Fund
Aditya Birla Sun Life Pension Fund
Tata Pension Fund
DSP Pension Fund
LIC Pension Fund
Historical Returns
Past performance of different asset classes in NPS.
Note: Past performance does not guarantee future returns.
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