Atal Pension Yojana (APY) Calculator
Compute monthly contribution amounts to secure guaranteed pension of ₹1,000 to ₹5,000 post-retirement.
Atal Pension Yojana (APY) Calculator
Calculate auto-debit contribution amounts, guaranteed monthly pension payouts (₹1,000 to ₹5,000), total capital invested, and return of corpus to nominee under official PFRDA rules.
Subscriber Parameters
Pension Plan & Corpus Summary
- Lifelong Subscriber Pension: You receive ₹5,000 every single month starting at age 60.
- 100% Spouse Pension: Upon subscriber demise, the spouse continues to receive ₹5,000/month for life.
- Return of Corpus: Upon the passing of both subscriber and spouse, the entire ₹8.5 Lakh corpus is handed over to the nominee.
Atal Pension Yojana Progression Schedule
Yearly progression of contributions, cumulative invested capital, and vesting milestones up to age 60.
| Year | Subscriber Age | Annual Contribution (₹) | Cumulative Invested (₹) | Indicative Accrued Wealth (₹) | Milestone Status |
|---|
PFRDA Master Monthly Contribution Reference Chart
Official PFRDA master matrix showing monthly auto-debit amounts required across popular entry ages for all five guaranteed pension slabs.
| Entry Age | Vesting Years | ₹1,000 / mo Pension | ₹2,000 / mo Pension | ₹3,000 / mo Pension | ₹4,000 / mo Pension | ₹5,000 / mo Pension |
|---|---|---|---|---|---|---|
| 18 Years | 42 Years | ₹42 | ₹84 | ₹126 | ₹168 | ₹210 |
| 20 Years | 40 Years | ₹50 | ₹100 | ₹150 | ₹198 | ₹248 |
| 25 Years | 35 Years | ₹76 | ₹151 | ₹226 | ₹301 | ₹376 |
| 30 Years | 30 Years | ₹116 | ₹231 | ₹347 | ₹462 | ₹577 |
| 35 Years | 25 Years | ₹181 | ₹362 | ₹543 | ₹722 | ₹902 |
| 40 Years | 20 Years | ₹291 | ₹582 | ₹873 | ₹1,164 | ₹1,454 |
| Return of Corpus to Nominee | ₹1,70,000 | ₹3,40,000 | ₹5,10,000 | ₹6,80,000 | ₹8,50,000 | |
Understanding Atal Pension Yojana (APY)
Atal Pension Yojana (APY) was launched by the Government of India in May 2015 to create a universal social security system for all Indians, especially workers in the unorganized sector. The scheme guarantees a minimum pension of ₹1,000 to ₹5,000 per month upon reaching 60 years of age, depending on the subscriber's contribution which is determined by their entry age.
Why Joining Early Yields Unmatched Returns
Under the PFRDA contribution structure, younger subscribers enjoy phenomenal compounding leverage. A 18-year-old subscriber contributes just ₹210 per month (₹7/day) to secure a lifetime pension of ₹5,000/month and a guaranteed ₹8.5 Lakh nominee corpus. Their total lifetime contribution across 42 years is just ₹1,05,840. In contrast, someone joining at age 40 must pay ₹1,454 per month for the exact same pension benefit, demonstrating why early enrollment is so powerful.
Tax Treatment & Exemptions
Subscribers can claim income tax deductions under Section 80CCD(1) up to ₹1.50 Lakh per financial year (within the overall Section 80C umbrella limit). In addition, an exclusive standalone deduction of up to ₹50,000 is permissible under Section 80CCD(1B), making APY one of the most tax-efficient retirement instruments available.
Frequently Asked Questions (FAQs)
What happens if auto-debit fails in my bank account?
If the account does not maintain sufficient balance on the auto-debit date, banks charge a nominal overdue interest fee (₹1 per month for contributions up to ₹100, up to ₹10 per month for contributions above ₹1,000). The overdue amount is deducted alongside the next regular instalment.
Can I increase or decrease my target pension amount later?
Yes. Subscribers are permitted to upgrade or downgrade their chosen pension tier once a year during the month of April by submitting a request to their bank or post office branch.
Is premature exit allowed before 60 years of age?
Under amended PFRDA guidelines, voluntary premature exit before age 60 is permitted. In case of voluntary exit, the subscriber is refunded only their accumulated contributions along with the actual net interest earned on their savings (minus account maintenance and asset management charges).