Atal Pension Yojana Calculator

Note: Calculations are based on standard APY contribution charts and an assumed 8% annual return for indicative corpus. Actual returns may vary. Consult a financial advisor for personalized advice.
Monthly Contribution

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Years of Contribution

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Total Contribution

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Monthly Contribution Chart

Age ₹1,000 ₹2,000 ₹3,000 ₹4,000 ₹5,000
18 42 84 126 168 210
20 50 100 150 200 248
25 76 151 226 301 376
30 116 231 347 462 577
35 181 362 543 722 902
40 291 582 873 1164 1454

What is Atal Pension Yojana (APY)?

The Atal Pension Yojana (APY) is a government-backed pension scheme launched in 2015 to provide a secure retirement income, especially for workers in India’s unorganized sector. Managed by the Pension Funds Regulatory and Development Authority (PFRDA), APY offers a fixed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 starting at age 60, based on your contributions. It’s an affordable way to build a retirement corpus while ensuring financial security for you and your spouse.

What is an APY Calculator?

Our Atal Pension Yojana (APY) Calculator is a free, user-friendly tool that helps you estimate your monthly contribution, total contribution, and indicative pension corpus based on your current age and desired pension amount. By inputting your age (18–40) and selecting a pension amount, the calculator provides a clear picture of your commitment and potential returns, making retirement planning simple and transparent.

Benefits of Atal Pension Yojana

  • Guaranteed Pension: Receive a fixed monthly pension (₹1,000–₹5,000) from age 60, ensuring financial stability in retirement.
  • Spouse and Nominee Benefits: If the subscriber passes away, the spouse continues to receive the pension. Upon the death of both, the nominee receives the accumulated corpus.
  • Affordable Contributions: Monthly contributions start as low as ₹42 (for age 18, ₹1,000 pension), making it accessible for low-income workers.
  • Government Backing: Managed by PFRDA and invested in government securities, APY offers safety and reliability.
  • Long-Term Wealth Creation: Contributions grow through compounding, building a significant corpus by age 60.
  • Tax Benefits: Contributions qualify for deductions under Section 80C (up to ₹1.5 lakh annually), reducing taxable income.

Eligibility Criteria for APY

To enroll in APY, you must meet the following criteria:

  • Age: Between 18 and 40 years at the time of enrollment.
  • Citizenship: Must be an Indian citizen.
  • Bank Account: Must have a savings bank or post office savings account for auto-debit of contributions.
  • Non-Membership in Other Schemes: Should not be a beneficiary of statutory social security schemes like EPF or NPS (though relaxed for income taxpayers as of October 2022).
  • Unique Account: Only one APY account per individual is allowed.
  • Aadhaar and Mobile: A valid Aadhaar number and mobile number are typically required for enrollment.

How to Use Our APY Calculator

Our APY Calculator is designed for simplicity, helping you plan your contributions and estimate your pension corpus. Follow these steps to calculate your APY commitment, with an example to guide you.

  1. Enter Your Current Age: Input your age (between 18 and 40) in the "Current Age" field. This determines your contribution period until age 60.
  2. Select Desired Pension Amount: Choose your preferred monthly pension (₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000) from the dropdown menu.
  3. Click Calculate: Press the "Calculate APY Contribution" button to see your monthly contribution, years of contribution, total contribution, and indicative corpus at age 60.
  4. Review the Results: The calculator displays your monthly commitment and estimated corpus. Use the contribution chart provided for reference.

Example: Calculating APY Contributions

Suppose you’re 25 years old and want a monthly pension of ₹4,000 starting at age 60.

Steps:

  1. Enter 25 in the "Current Age" field.
  2. Select ₹4,000 from the "Desired Monthly Pension" dropdown.
  3. Click "Calculate APY Contribution".

Result:

  • Monthly Contribution: ₹301
  • Years of Contribution: 35 (60 - 25)
  • Total Contribution: ₹126,420 (₹301 × 12 × 35)
  • Indicative Corpus at 60: ~₹522,562 (assuming 8% annual return)

This means by contributing ₹301 monthly from age 25, you could secure a ₹4,000 monthly pension at 60, with a corpus of over ₹5 lakh!

Why Use Our APY Calculator?

Our APY Calculator is fast, free, and designed for anyone planning their retirement. It helps you:

  • Estimate your monthly contributions and total investment for your desired pension.
  • Understand the growth of your corpus through compounding.
  • Plan your finances with confidence, knowing your retirement income.
  • Compare pension options (₹1,000–₹5,000) to suit your budget.

Whether you’re a daily wage worker or a young professional, our tool makes APY planning simple and accessible.

Thanks for using Atal Pension Yojana Calculator , Happy Investing 🙂