Calculate Atal Pension Yojana monthly contribution amount
| Pension | You pay a month | Total paid | Corpus to nominee |
|---|---|---|---|
| ₹1,000 | ₹76 | ₹31,920 | ₹1,70,000 |
| ₹2,000 | ₹151 | ₹63,420 | ₹3,40,000 |
| ₹3,000 | ₹226 | ₹94,920 | ₹5,10,000 |
| ₹4,000 | ₹301 | ₹1,26,420 | ₹6,80,000 |
| ₹5,000 | ₹376 | ₹1,57,920 | ₹8,50,000 |
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Results are estimates, not financial advice. Rates, charges and rules change, so confirm with your bank, post office or a financial adviser before you decide. Terms of use
How to Use
- Choose your age when you join, anywhere from 18 to 40.
- Choose the monthly pension you want from age 60: ₹1,000, ₹2,000, ₹3,000, ₹4,000 or ₹5,000.
- You'll see what you pay each month, for how many years, the total you'll put in, and the amount your nominee gets back.
- The table below compares all five pension levels for your age. Use pdf to save a printable copy or share to send it.
What is Atal Pension Yojana (APY)?
Atal Pension Yojana is a government-backed pension scheme for people in the unorganised sector: auto drivers, household help, construction workers and others who don't have a formal pension. You get a guaranteed monthly pension of ₹1,000–₹5,000 from age 60. This APY calculator shows how much you'd need to pay each month to get there.
Key features
| Feature | Details |
|---|---|
| Eligibility | Age 18–40; Indian citizen; savings bank account holder; not an income-tax payer (from 1 October 2022) |
| Pension options | ₹1,000 / ₹2,000 / ₹3,000 / ₹4,000 / ₹5,000/month |
| Contribution period | Until age 60 (minimum 20 years) |
| Tax benefit | Section 80CCD(1), up to ₹1.5 lakh; another ₹50,000 under 80CCD(1B) |
| Death benefit | Spouse continues to get the pension; after both have died, the corpus goes to the nominee |
What a ₹5,000 pension costs each month
- Start at age 18: ₹210/month
- Start at age 25: ₹376/month
- Start at age 30: ₹577/month
- Start at age 40: ₹1,454/month
Join at 18 and you pay about a seventh of what a 40-year-old pays for the same pension. If you're eligible, it pays to enrol early.