Atal Pension Yojana (APY) Calculator
Calculate monthly contribution for guaranteed pension. Official PFRDA contribution chart for FY 2025-26.
✨ Government Co-contribution | NPS Linkage | 80C Deduction
Income <₹12k/month, non-taxpayer, first-time subscriber. Government adds 50% (up to ₹1,000/year) for 5 years.
💡 APY + NPS Integration
Budget 2025: APY corpus can roll over to NPS. Add employer NPS (14% tax-free) for enhanced retirement benefits. APY qualifies for 80C deduction (₹1.5L limit).
Explore NPS Calculator →💰 Required Monthly Contribution
₹ 376
For 35 years (till age 60)
🎯 Guaranteed Pension
From age 60, lifelong
₹ 5,000
💵 Your Total Investment
(Over 35 years)
₹ 1,57,920
🎁 Govt Co-Contribution
(If eligible, 5 years)
₹ 0
📊 Indicative Corpus at 60
₹ 8.5 Lakh
Approx corpus based on 8% return assumption
Share your APY calculation with family
🏦 Open APY Account Now
Click on your bank to start APY enrollment online
APY for Jan Dhan Account Holders
Already have a Jan Dhan Account? You can easily open APY and secure your retirement! Special benefits for PMJDY account holders.
✨ Special Benefits
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No Minimum Balance Required
Your Jan Dhan account can be used for APY auto-debit
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Already KYC Compliant
Aadhaar linked account = instant APY enrollment
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Zero Opening Charges
No fees for opening or maintaining APY account
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RuPay Card Integration
Get APY benefits along with RuPay debit card
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Co-contribution Eligible
Most Jan Dhan holders qualify for govt co-contribution
📝 How to Link APY with Jan Dhan
Visit Your Bank Branch
Go to the bank/post office where you opened Jan Dhan account
Request APY Form
Tell them you want to open APY using your Jan Dhan account
Choose Pension Amount
Select from ₹1,000 to ₹5,000 monthly pension (as calculated above)
Auto-Debit Setup
Monthly contribution auto-debits from Jan Dhan account. Done!
💡 Pro Tip for Jan Dhan Holders:
Deposit your APY contribution amount on salary/income day to ensure sufficient balance. Set a mobile reminder!
51 Cr+
Jan Dhan Accounts
56%
Women Account Holders
₹2.1L Cr
Total Deposits
100%
APY Compatible
Don’t have Jan Dhan Account? Open one today →
🏪 Real APY Scenarios for Indian Workers
See how APY works for unorganized sector workers across India (October 2025)
🛺 Auto Rickshaw Driver – Ravi Kumar, Delhi
Profile:
- • Age: 28 years
- • Monthly Income: ₹10,000-12,000
- • Desired Pension: ₹3,000/month
- • Co-contribution: Eligible (non-taxpayer)
- • Account: Jan Dhan at PNB
- • Contribution Period: 32 years (till 60)
APY Benefits:
Monthly Contribution: ₹ 226
💵 Total Investment: ₹86,592
🎁 Govt Co-contribution: ₹5,000 (5 years)
🎯 Guaranteed Pension: ₹3,000/month
💰 Indicative Corpus: ₹5.1 Lakh
✅ Impact: Just ₹226/month secures ₹3,000 lifelong pension! Net cost after govt help: ₹81,592
🏪 Small Shop Owner – Lakshmi Devi, Chennai
Profile:
- • Age: 35 years
- • Business: Kirana store
- • Monthly Profit: ₹15,000-18,000
- • Desired Pension: ₹5,000/month
- • Account: HDFC Bank savings
- • Contribution Period: 25 years
APY Benefits:
Monthly Contribution: ₹ 902
💵 Total Investment: ₹2,70,600
🎁 Govt Co-contribution: Not eligible (income exceeds)
🎯 Guaranteed Pension: ₹5,000/month
💰 Indicative Corpus: ₹8.5 Lakh
✅ Tax Benefit: ₹2.7L investment qualifies for 80C deduction (old regime) = ₹81k tax saving!
👩🏭 Domestic Worker – Geeta Bai, Mumbai
Profile:
- • Age: 22 years
- • Monthly Income: ₹8,000
- • Desired Pension: ₹2,000/month
- • Co-contribution: Eligible
- • Account: Jan Dhan at Post Office
- • Contribution Period: 38 years (till 60)
APY Benefits:
Monthly Contribution: ₹ 100
💵 Total Investment: ₹45,600
🎁 Govt Co-contribution: ₹3,000 (₹600/yr × 5)
🎯 Guaranteed Pension: ₹2,000/month
💰 Indicative Corpus: ₹3.4 Lakh
✅ Best Deal: Starting early! Just ₹100/month for lifelong ₹2,000 pension. Govt adds extra ₹3,000!
📊 Official APY Contribution Chart (Selected Ages)
| Entry Age | ₹1,000/month | ₹2,000/month | ₹3,000/month | ₹4,000/month | ₹5,000/month |
|---|---|---|---|---|---|
| 18 Years | ₹42 | ₹84 | ₹126 | ₹168 | ₹210 |
| 22 Years | ₹50 | ₹100 | ₹150 | ₹200 | ₹250 |
| 25 Years | ₹76 | ₹151 | ₹226 | ₹301 | ₹376 |
| 30 Years | ₹116 | ₹231 | ₹347 | ₹462 | ₹577 |
| 35 Years | ₹181 | ₹362 | ₹543 | ₹724 | ₹902 |
| 40 Years | ₹291 | ₹582 | ₹873 | ₹1,164 | ₹1,454 |
* Source: PFRDA Official APY Chart | Lower age = Lower monthly contribution
🔧 How APY Calculator Works
Understanding Atal Pension Yojana calculation and benefits
📋 Step 1: Entry Age Determines Contribution
APY uses a fixed contribution chart based on your entry age (18-40) and desired pension amount.
Example:
For ₹5,000/month pension:
• Join at 18: Pay ₹210/month for 42 years
• Join at 25: Pay ₹376/month for 35 years
• Join at 40: Pay ₹1,454/month for 20 years
💡 Earlier entry = Much lower monthly payment!
💰 Step 2: Calculate Total Investment
Total amount you’ll invest from entry age till 60:
Total Investment = Monthly Contribution × 12 × Years to 60
Example (Age 25, ₹5,000 pension):
= ₹376 × 12 × 35 years
= ₹1,57,920 (Total you pay)
🎁 Step 3: Government Co-Contribution (If Eligible)
Special benefit for first-time subscribers with low income:
Eligibility Criteria:
- • Monthly income less than ₹12,000
- • Not an income tax payer
- • First-time pension subscriber
- • Joined before June 1, 2015 (original scheme)
Govt Contribution = 50% of your contribution (max ₹1,000/year)
Duration = First 5 years only
Total Benefit = Up to ₹5,000 (₹1,000 × 5 years)
📊 Step 4: Corpus Estimation
Your contributions grow with compounding returns:
Assumptions:
• Expected return: ~8% p.a. (government-backed scheme)
• Compounding: Monthly
• Fund Manager: PFRDA-empaneled
Example (Age 25, ₹376/month for 35 years):
Your Investment: ₹1,57,920
Approx Corpus at 60: ₹8.5 Lakh
🎯 Step 5: Guaranteed Pension Benefits
What happens after age 60:
Subscriber (You) at Age 60:
✓ Guaranteed monthly pension for life
✓ Amount never reduces (₹1,000 to ₹5,000 as chosen)
After Subscriber’s Death:
✓ Same pension continues to spouse for life
✓ If spouse opts, can receive corpus instead
After Both Deaths:
✓ Full accumulated corpus returned to nominee
✓ No loss of capital – family gets money back!
💡 Complete Worked Example
📊 Subscriber Details:
- Name: Ramesh Kumar
- Occupation: Construction Worker, Bangalore
- Entry Age: 28 years
- Monthly Income: ₹9,500
- Desired Pension: ₹3,000/month
- Co-contribution Eligible: Yes
- Contribution Period: 32 years (till age 60)
🔄 Calculation Steps:
Step 1: Check APY chart for age 28
Monthly contribution = ₹226
Step 2: Total investment calculation
= ₹226 × 12 × 32 years = ₹86,784
Step 3: Govt co-contribution
= 50% of ₹226 = ₹113/month
= ₹113 × 12 × 5 years = ₹6,780
Step 4: Net cost to Ramesh
= ₹86,784 – ₹6,780 = ₹80,004
✅ Ramesh’s APY Benefits:
Monthly Contribution
₹226
Guaranteed Pension
₹3,000
Corpus at 60
₹5.1L
Actual Cost (after govt help): ₹80,004
Pension received (20 years post-60): ₹7,20,000
🎉 Net Gain: ₹6,40,000+ (plus corpus to family!)
⭐ Why Choose APY?
Guaranteed Returns
Unlike market-linked schemes, APY pension amount is 100% guaranteed by Government of India.
Family Protection
Pension continues to spouse, then full corpus goes to nominee. No loss of investment.
Affordable
Start at ₹42/month! Plus government co-contribution for eligible subscribers = extra ₹5,000.
Tax Benefits
APY contributions eligible for Section 80C deduction (up to ₹1.5 lakh in old tax regime).
Easy Access
Open through any bank/post office. Auto-debit from savings account. No paperwork hassle.
Flexible
Can upgrade/downgrade pension amount. Voluntary contributions allowed to make up for missed payments.
❓ Frequently Asked Questions
Complete guide to Atal Pension Yojana for Indian workers
🏦 What is Atal Pension Yojana (APY)?
APY is a government-backed guaranteed pension scheme launched in June 2015 for workers in the unorganized sector (auto drivers, shopkeepers, farmers, domestic workers, etc.). Key features:
- Open to Indian citizens aged 18-40 years
- Choose guaranteed monthly pension: ₹1,000 to ₹5,000
- Pay fixed monthly contribution based on entry age
- Start receiving pension from age 60 for lifetime
- Managed by PFRDA (Pension Fund Regulatory Authority)
✅ Best for: Self-employed, daily wage workers, anyone without employer-provided pension
👥 Who is eligible for APY?
Basic Eligibility:
✓ Indian citizen aged 18-40 years
✓ Have a savings bank account
✓ Mobile number linked to Aadhaar
✓ Minimum 20 years contribution period
Who CANNOT join APY:
- Income tax payers (except for co-contribution eligibility)
- Members of EPF, NPS (corporate), statutory schemes
- Central/State govt employees
💰 How much should I contribute monthly?
Monthly contribution depends on two factors: your entry age and desired pension amount.
Quick Reference (Popular Ages):
Age 20, ₹5,000 pension
₹248/month for 40 years
Age 25, ₹5,000 pension
₹376/month for 35 years
Age 30, ₹3,000 pension
₹347/month for 30 years
Age 35, ₹2,000 pension
₹362/month for 25 years
💡 Tip: Join as early as possible! Each year delay increases monthly contribution significantly.
🎁 What is Government Co-Contribution benefit?
A special incentive for low-income subscribers where government matches part of your contribution.
Eligibility Criteria:
- ✓ Joined APY between June 2015 – March 2016
- ✓ Monthly income < ₹12,000
- ✓ Not an income tax payer
- ✓ Not covered under any other social security scheme
Benefit Amount:
- • Govt pays 50% of your contribution
- • Maximum: ₹1,000 per year
- • Duration: 5 years (FY 2015-20)
- Total benefit: Up to ₹5,000
⚠️ Note: Co-contribution was a limited period offer (2015-2020). New joiners don’t get this benefit, but APY is still highly beneficial!
📝 Is APY contribution tax-deductible?
Yes! APY contributions qualify for tax deduction under Section 80CCD(1):
Old Tax Regime:
• Part of overall ₹1.5 lakh limit under Section 80C
• Can claim along with PPF, ELSS, Life Insurance
✅ If you invest ₹20,000/year in APY and you’re in 20% tax bracket = ₹4,000 tax saving!
New Tax Regime:
• Limited deductions available
• APY may not provide significant tax benefit
💡 Consider old regime if you have multiple investments
⚰️ What happens if I die before age 60?
APY provides complete family protection:
Option 1: Continue the Account
• Spouse can continue paying contributions
• Same pension amount at age 60
• Original entry age maintained
Option 2: Exit and Withdraw
• Spouse receives accumulated corpus
• Include all contributions + returns earned
• Account closed
If subscriber & spouse both die before 60: Full corpus paid to nominee (no loss!)
💸 Can I withdraw money before age 60?
Generally NO, but exceptions exist:
Allowed Exits:
- 1. Death: Corpus to spouse/nominee (as explained above)
- 2. Terminal Disease: Entire corpus returned to subscriber
⚠️ Voluntary Exit Penalty:
• If you exit voluntarily, you only get your contribution back
• You LOSE all interest earned and govt contribution
Not recommended unless emergency!
📱 How do I open an APY account?
Very simple 3-step process:
1️⃣
Visit Bank/Post Office
Go to your bank branch or post office where you have savings account
2️⃣
Fill APY Form
Choose pension amount (₹1K-5K). Provide Aadhaar & mobile number
3️⃣
Auto-debit Setup
Monthly contribution auto-debited from your savings account. Done!
💡 Online option: Many banks now allow APY opening through net banking/mobile app!
🔄 Can I change my pension amount later?
Yes! APY allows one change per year:
Upgrade/Downgrade Rules:
- ✓ Can increase from ₹1,000 to ₹5,000 (or any level)
- ✓ Can decrease from ₹5,000 to ₹1,000 (or any level)
- ✓ Monthly contribution will adjust accordingly
- ✓ Request through your bank/post office
- ✓ Allowed only once per financial year
Example: Started with ₹2,000 pension at age 25 (₹151/month). Income improved, upgraded to ₹5,000 pension (₹376/month). Can do this anytime before 60!
🎯 APY vs NPS – Which is better?
| Feature | APY | NPS |
|---|---|---|
| Target Audience | Unorganized sector workers | Salaried, self-employed |
| Returns | Guaranteed pension | Market-linked (higher potential) |
| Contribution | Fixed (chart-based) | Flexible (you decide) |
| Corpus Access | Only as pension | 60% lump sum + 40% pension |
| Risk | Zero (govt guaranteed) | Moderate (market risk) |
| Best For | Low-income, risk-averse | Higher income, growth-focused |
✅ Can you have both? Yes! Many people do APY for guaranteed base + NPS for wealth growth.
🔍 How accurate is this APY calculator?
This calculator uses the official PFRDA contribution chart – 100% accurate for monthly contribution amounts.
What’s guaranteed:
- ✓ Monthly contribution amounts (from official chart)
- ✓ Guaranteed pension amount (₹1,000 to ₹5,000)
- ✓ Government co-contribution rules (if eligible)
What’s estimated:
- • Corpus at age 60 (assumed 8% returns, actual may vary)
- • Corpus depends on fund performance
💡 Note: Pension amount is ALWAYS guaranteed regardless of corpus size!
💡 Pro Tips for APY Subscribers
✅ Join Early
At 18 vs 40: Pay ₹210 vs ₹1,454 for same ₹5K pension. Early bird advantage is huge!
💰 Maintain Balance
Keep sufficient balance for auto-debit. Penalty charges apply for failed payments.
📱 Link Aadhaar
Essential for account opening and pension disbursement. Do it early to avoid issues.
👨👩👦 Update Nominee
Keep nominee details current. Important for family’s corpus access in case of death.
Calculator Disclaimer
For Informational Purposes Only: The Atal Pension Yojana (APY) Calculator provides estimates based on the inputs you enter and standard financial formulas. Results are indicative only and do not constitute financial advice.
Not a Guarantee: Actual returns, tax liability, or financial outcomes may differ due to market conditions, regulatory changes, or individual circumstances not captured in the calculator.
Professional Advice: For significant financial decisions, please consult a SEBI-registered Investment Advisor, Chartered Accountant, or certified financial planner.
Data Currency: All rates, slabs, and parameters are updated periodically. Verify current rates from official sources (RBI, SEBI, Income Tax Department, IRDAI) before making decisions.
Last Updated: 17 Jun 2026 | Data Source: RBI, SEBI, Income Tax Act 1961, IRDAI | Maintained by CalcWise.Finance