Atal Pension Yojana (APY) Calculator
Find your exact monthly APY contribution, total amount paid till age 60, and the corpus paid to your nominee. Free, no login, nothing stored.
Based on the official PFRDA APY contribution chart. Figures are indicative - always confirm current rates with your bank or the official APY portal.
What Is Atal Pension Yojana (APY)?
Atal Pension Yojana is a government-guaranteed pension scheme run by PFRDA (Pension Fund Regulatory and Development Authority), built for workers in India's unorganised sector - daily wage earners, domestic workers, drivers, farmers, and self-employed individuals who have no access to an employer pension or provident fund. You choose a fixed monthly pension between INR 1,000 and INR 5,000, pay a small fixed contribution every month until you turn 60, and from 60 onward you receive that pension for life, guaranteed by the Government of India regardless of market performance.
Free, No Login, No Data Stored
This calculator runs entirely in your browser. There is no sign-up, no account, and nothing you enter is saved, tracked, or sent anywhere. It's free to use as many times as you need.
How to Use This APY Calculator
- Enter your current age. APY accepts subscribers between 18 and 40 years old.
- Choose your desired monthly pension from INR 1,000 to INR 5,000.
- Pick your contribution frequency - Monthly, Quarterly, or Half-Yearly.
- The result panel instantly shows your contribution amount, how many years you will contribute, the total amount you will pay by age 60, the corpus your nominee would receive, and your guaranteed monthly pension.
- Use the Download button to save your calculation as a text file.
APY Contribution Chart (Official PFRDA Rates)
Unlike a market-linked investment, APY does not use a growth formula - your monthly contribution is fixed by PFRDA based on your entry age and chosen pension amount. The earlier you join, the lower your monthly contribution, since your money has more years to build the required corpus.
| Entry Age | INR 1,000 | INR 2,000 | INR 3,000 | INR 4,000 | INR 5,000 |
|---|---|---|---|---|---|
| 18 | 42 | 84 | 126 | 168 | 210 |
| 20 | 50 | 100 | 150 | 198 | 248 |
| 25 | 76 | 151 | 226 | 301 | 376 |
| 30 | 116 | 231 | 347 | 462 | 577 |
| 35 | 181 | 362 | 543 | 722 | 902 |
| 40 | 291 | 582 | 873 | 1,164 | 1,454 |
Full official chart for every age from 18 to 40 is built into the calculator above. Amounts are monthly contributions in INR.
INR 1.7 lakh per INR 1,000 of monthly pension chosen. So INR 3,000 pension corresponds to an INR 5.1 lakh corpus, and INR 5,000 pension corresponds to an INR 8.5 lakh corpus.
Eligibility for APY
- Must be an Indian citizen aged between 18 and 40 at the time of joining.
- Must hold a savings bank account or post office account, since contributions are collected by auto-debit.
- Anyone who is, or has ever been, an income-tax payer as of 1 October 2022 onward is not eligible to join APY. Existing accounts opened before this rule are not affected.
Who Is This Calculator For?
- Unorganised sector workers - daily wage earners, gig workers, domestic help, shop assistants, farmers - planning a guaranteed retirement income.
- Anyone comparing pension slabs to see how contribution amounts change with age and desired pension.
- People deciding when to enrol, since the calculator shows exactly how much starting earlier can save on lifetime contributions.
APY vs NPS
| Feature | Atal Pension Yojana (APY) | National Pension System (NPS) |
|---|---|---|
| Returns | Fixed, government-guaranteed pension | Market-linked, varies with fund performance |
| Entry age | 18 to 40 years | 18 to 70 years |
| Pension amount | Fixed slab: INR 1,000 to INR 5,000/month | Depends on accumulated corpus and annuity rate |
| Income-tax payers | Not eligible (from October 2022) | Eligible |
| Best suited for | A guaranteed, low-risk pension floor | Building a larger retirement corpus over time |
Frequently Asked Questions
What is the minimum and maximum age to join APY?
You can join APY between the ages of 18 and 40. Contributions continue until you turn 60, so joining earlier means a longer contribution period but a lower monthly amount.
Can income tax payers join Atal Pension Yojana?
No. Since 1 October 2022, anyone who is or has been an income-tax payer cannot enrol in APY. This rule does not apply to accounts that were already open before that date.
What happens if I miss a monthly contribution?
A missed auto-debit attracts a small overdue charge. If contributions remain unpaid, the account is frozen after 6 months, deactivated after 12 months, and closed after 24 months, at which point only your own contributions plus actual interest earned are returned.
What does my nominee receive if both my spouse and I pass away?
The nominee receives the full accumulated corpus as a one-time lump sum. This amount depends on your chosen pension slab, ranging from roughly INR 1.7 lakh for a INR 1,000 pension to INR 8.5 lakh for a INR 5,000 pension.
Can I change my pension amount after joining?
Yes, subscribers are allowed to revise their chosen pension slab (upward or downward) once a year, typically during a specific window such as April, subject to the rules in force at the time.
Are APY contributions eligible for tax deduction?
Yes, under the old tax regime, APY contributions qualify under Section 80CCD(1) within the overall INR 1.5 lakh 80C limit, and can also count toward the additional INR 50,000 deduction under Section 80CCD(1B). These benefits do not apply if you have opted for the new tax regime.
Is this APY calculator free to use?
Yes, completely free, with no login and no data stored, and works on both mobile and desktop.
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