Atal Pension Yojana Calculator

Calculate your monthly contribution for guaranteed pension after 60

Your Age (18-40)

Desired Monthly Pension

About Atal Pension Yojana (APY)

Eligibility: Indian citizens aged 18-40 years with a savings bank account
Pension amount: Fixed pension of ₹1,000 to ₹5,000 per month after age 60
Government co-contribution: 50% of subscriber contribution (max ₹1,000/year) for first 5 years for eligible subscribers (non-taxpayers, not covered by statutory social security)
Contribution period: Minimum 20 years or till age 60, whichever is later
Return of corpus: Nominee receives the corpus amount on subscriber's death
Premature exit: Allowed only in case of death, terminal disease, or after age 60
Tax benefit: Contributions qualify for Section 80CCD(1) deduction

About Atal Pension Yojana Calculator

The Atal Pension Yojana (APY) Calculator computes the monthly contribution required to achieve a guaranteed pension of ₹1,000 to ₹5,000 per month after age 60. APY is a government-backed pension scheme primarily for unorganized sector workers, offering guaranteed lifelong pension with co-contribution of 50% of total contribution or ₹1,000 per year (whichever is lower) for eligible subscribers. The calculator shows contribution amounts for all five pension slabs based on the subscriber's entry age.

Atal Pension Yojana, launched on May 9, 2015, is administered by the Pension Fund Regulatory and Development Authority (PFRDA). The scheme provides a guaranteed minimum pension ranging from ₹1,000 to ₹5,000 per month, depending on the subscriber's choice. Earlier, the government co-contributed 50% of the subscriber's contribution (up to ₹1,000/year) for those who joined before December 31, 2015. The spouse is eligible to continue the account or claim the corpus on the subscriber's death. Our calculator helps determine the optimal contribution for your desired pension level.

Key Features

Monthly contribution for all 5 pension slabs (₹1,000-5,000)
Age-wise contribution table (18-39 years)
Government co-contribution calculation
Corpus and pension guarantee details
Spouse and nominee benefit computation

Frequently Asked Questions

What is the minimum and maximum pension under APY?

Under Atal Pension Yojana, the guaranteed pension ranges from ₹1,000 to ₹5,000 per month, available in five slabs of ₹1,000 each. The subscriber chooses the pension slab at the time of joining, and the monthly contribution is determined based on the chosen slab and entry age. The pension is guaranteed for life after reaching 60 years of age.

Who is eligible for Atal Pension Yojana?

Any Indian citizen between 18 and 40 years of age with a savings bank account can join APY. The subscriber must have an active bank account with auto-debit facility for contribution. Income tax payers are now eligible to join APY (earlier they were excluded from January 2022 as per PFRDA guidelines, but this was later revised). Aadhaar is used as the primary KYC document.

Atal Pension Yojana Calculator