APY Calculator (Atal Pension Yojana)
How much you pay each month for an Atal Pension Yojana pension of ₹1,000 to ₹5,000, by the age you join, from PFRDA's contribution chart.
Joining Atal Pension Yojana at 25 for a ₹5,000 monthly pension costs ₹376 a month for 35 years, ₹1,57,920 in all. The pension starts at 60, goes to your spouse after you, and ₹8.50 lakh is returned to your nominee. Contributions run from ₹42 a month (age 18, ₹1,000 pension) to ₹1,454 (age 40, ₹5,000).
The words on this page, explained simply
New to this? Here is what each term means, in plain English.
- Atal Pension Yojana (APY)
- A government-backed pension scheme for people aged 18 to 40 who don't pay income tax. You pay a fixed amount every month until 60 and get a fixed pension of ₹1,000 to ₹5,000 a month after.
- Guaranteed pension
- The government promises the pension amount you chose. If the money invested earns less than needed, the government makes up the difference.
- Nominee
- The person who gets the saved money (₹1.7 lakh to ₹8.5 lakh) after both you and your spouse have died.
- Leaving early
- You can stop APY before 60, but then you only get back what you paid in plus the interest it earned, not a pension.
Atal Pension Yojana (APY) is a government-guaranteed pension scheme run by PFRDA. You choose a pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000 or ₹5,000 a month from age 60, and pay a fixed contribution until then. The earlier you join, the less you pay.
APY contribution chart
| Joining age | Years paying | ₹1,000 | ₹2,000 | ₹3,000 | ₹4,000 | ₹5,000 |
|---|---|---|---|---|---|---|
| 18 | 42 | ₹42 | ₹84 | ₹126 | ₹168 | ₹210 |
| 19 | 41 | ₹46 | ₹92 | ₹138 | ₹183 | ₹228 |
| 20 | 40 | ₹50 | ₹100 | ₹150 | ₹198 | ₹248 |
| 21 | 39 | ₹54 | ₹108 | ₹162 | ₹215 | ₹269 |
| 22 | 38 | ₹59 | ₹117 | ₹177 | ₹234 | ₹292 |
| 23 | 37 | ₹64 | ₹127 | ₹192 | ₹254 | ₹318 |
| 24 | 36 | ₹70 | ₹139 | ₹208 | ₹277 | ₹346 |
| 25 | 35 | ₹76 | ₹151 | ₹226 | ₹301 | ₹376 |
| 26 | 34 | ₹82 | ₹164 | ₹246 | ₹327 | ₹409 |
| 27 | 33 | ₹90 | ₹178 | ₹268 | ₹356 | ₹446 |
| 28 | 32 | ₹97 | ₹194 | ₹292 | ₹388 | ₹485 |
| 29 | 31 | ₹106 | ₹212 | ₹318 | ₹423 | ₹529 |
| 30 | 30 | ₹116 | ₹231 | ₹347 | ₹462 | ₹577 |
| 31 | 29 | ₹126 | ₹252 | ₹379 | ₹504 | ₹630 |
| 32 | 28 | ₹138 | ₹276 | ₹414 | ₹551 | ₹689 |
| 33 | 27 | ₹151 | ₹302 | ₹453 | ₹602 | ₹752 |
| 34 | 26 | ₹165 | ₹330 | ₹495 | ₹659 | ₹824 |
| 35 | 25 | ₹181 | ₹362 | ₹543 | ₹722 | ₹902 |
| 36 | 24 | ₹198 | ₹396 | ₹594 | ₹792 | ₹990 |
| 37 | 23 | ₹218 | ₹436 | ₹654 | ₹870 | ₹1,087 |
| 38 | 22 | ₹240 | ₹480 | ₹720 | ₹957 | ₹1,196 |
| 39 | 21 | ₹264 | ₹528 | ₹792 | ₹1,054 | ₹1,318 |
| 40 | 20 | ₹291 | ₹582 | ₹873 | ₹1,164 | ₹1,454 |
Monthly contribution for each pension amount. Rows for ages 18, 20, 25, 30, 35 and 40 are from PFRDA's APY scheme details; the other ages from the full chart banks publish, which matches those rows. Contributions can also be paid quarterly or half-yearly by auto-debit.
Who can join
Any Indian citizen aged 18 to 40 with a savings bank or post office account. Since 1 October 2022, anyone who is or has been an income-tax payer cannot join.
What you and your family get
From 60, the chosen pension for life. After your death it continues to your spouse, and after both the corpus is returned to the nominee: ₹1.7 lakh for a ₹1,000 pension up to ₹8.5 lakh for ₹5,000. If you die before 60, your spouse can continue the account or take the money out.
You can leave early voluntarily, but you get back only your contributions with the interest they earned. Missing payments brings a small penalty, and repeated defaults can close the account.
Key takeaways
- Pension ₹1,000-5,000 a month from 60, guaranteed by the government.
- Joining at 18: ₹42-210 a month; at 40: ₹291-1,454.
- Open to ages 18-40; not for income-tax payers since October 2022.
- Corpus of ₹1.7-8.5 lakh returned to the nominee.
Frequently asked questions
How much should I pay in APY for ₹5,000 pension?
It depends on your age: ₹210 a month at 18, ₹376 at 25, ₹577 at 30, ₹902 at 35 and ₹1,454 at 40.
What is the age limit for Atal Pension Yojana?
18 to 40 years to join. The pension starts at 60.
Can a taxpayer join APY?
No. Since 1 October 2022, anyone who is or has been an income-tax payer cannot join.
What happens to APY money after death?
The pension passes to the spouse; after the spouse, the corpus (₹1.7 lakh to ₹8.5 lakh) goes to the nominee.