Atal Pension Yojana (APY) Calculator
Atal Pension Yojana guarantees a fixed monthly pension from age 60 for life. Pick your age and the pension you want to see exactly what you must contribute each month.
You contribute
₹376
every month for 35 years
Total contributed
₹1,57,920
Nominee receives
₹8,50,000
after you and your spouse
Paying ₹376 a month from age 25 until 60 buys a guaranteed ₹5,000 monthly pension for life, and the same pension continues for your spouse afterwards. Contributions are auto-debited from your bank account monthly, quarterly or half-yearly.
Figures follow the PFRDA notified contribution chart. APY is open to Indian citizens aged 18 to 40 with a bank account; income-tax payers have not been eligible to join since 1 October 2022.
How to use
- 1Enter your age at the time of joining — APY is open from 18 to 40.
- 2Pick the monthly pension you want from age 60: ₹1,000 to ₹5,000.
- 3Read the monthly contribution required for that slab.
- 4Check the total you will contribute and the corpus your nominee receives.
Frequently Asked Questions
Who can join APY?
Any Indian citizen aged 18 to 40 with a savings bank account and Aadhaar. Since 1 October 2022, anyone who is or has been an income-tax payer is not eligible to join.
Why does joining younger cost so much less?
Because your contributions compound for longer. Joining at 18 for a ₹5,000 pension costs ₹210 a month; joining at 40 for the same pension costs ₹1,454 — nearly seven times as much for the same benefit.
What happens to the money after I die?
The pension continues to your spouse for their lifetime. After both of you, the accumulated corpus — 170 times the monthly pension — is returned to your nominee.
Can I increase my pension amount later?
Yes. You can move up or down between the ₹1,000 to ₹5,000 slabs once a financial year, and your contribution is adjusted with the difference for the elapsed period.
What if I miss a contribution?
The account accrues a small penalty per missed month — ₹1 to ₹10 depending on the contribution size. Sustained default can lead to the account being frozen after six months and closed after two years, so keep the linked account funded.