Atal Pension Yojana Calculator
Pick your age and pension goal to see the monthly APY contribution.
Runs entirely in your browser — your numbers never leave this page.
How it works
APY gives unorganized-sector workers a government-guaranteed pension:
- Pension slabs: Rs 1,000–5,000/month from age 60, for life.
- Entry: age 18–40, contributions auto-debited till 60. Earlier entry = dramatically lower monthly cost.
- Spouse benefit: after the subscriber's death, the spouse gets the same pension; then the corpus returns to nominees.
- Guarantee: the government covers any shortfall — the pension amount is assured regardless of market returns.
- Eligibility: bank/post-office account holders; income taxpayers enrolling from Oct 2022 are excluded.
- Scale: this is a safety net, not retirement planning — Rs 5k/month covers basics, not lifestyles.
Frequently asked questions
What is Atal Pension Yojana?
A government pension scheme for unorganized workers: contribute monthly from age 18–40, get a guaranteed Rs 1,000–5,000/month pension from 60.
Who can join APY?
Indians aged 18–40 with a bank/post-office account. Income taxpayers enrolling after October 2022 are ineligible.
How much do I pay monthly?
Depends on entry age and pension slab — e.g. Rs 210/month from age 18 for Rs 5,000 pension; Rs 1,454/month from age 40.
Is the pension guaranteed?
Yes — the government guarantees the pension amount and covers any investment shortfall.
What does the spouse get?
The same pension continues to the spouse after the subscriber's death; the accumulated corpus then goes to nominees.
Can I exit early?
Voluntary exit is allowed with conditions; the government co-contribution (where applicable) is forfeited.
APY vs NPS?
APY: tiny guaranteed pension for informal workers. NPS: market-linked, larger, for anyone — different leagues.
Is APY contribution tax-deductible?
Yes — eligible under 80CCD(1) within the Rs 1.5L 80C limit.
What if I miss contributions?
Penalties apply per missed month; prolonged default can close the account — keep the auto-debit funded.
Is Rs 5,000/month enough?
It's a floor, not a plan — covers basics in low-cost areas. Pair it with other savings for real retirement.