Free Atal Pension Yojana calculator. Estimate the monthly-equivalent contribution, pension at 60, and compare APY pension tiers.
The Atal Pension Yojana (APY) Calculator helps you estimate the monthly-equivalent contribution needed for the APY pension tier you choose and compare the five fixed pension options available under the scheme. APY is a Government of India pension scheme administered by PFRDA for eligible Indian citizens with a linked savings account.
Under APY, subscribers choose a guaranteed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 beginning at age 60. The earlier you join, the lower the contribution required for the same pension tier. For example, the benchmark chart values used on this page show a much lower contribution at age 18 than at age 40 for the same ₹5,000 pension target.
The scheme rules also matter. APY is open only to eligible Indian citizens between ages 18 and 40 with a savings bank or post office savings account, and from 1 October 2022 any citizen who is or has been an income-tax payer is not eligible to open a new APY account. This page keeps the focus on contribution planning and tier comparison rather than pretending every user has the same tax treatment or account history.
APY is mainly a contribution-planning question: how much does each guaranteed pension tier cost at your entry age, and how much more expensive does the same tier become if you join later? This worksheet answers that directly and keeps the result in planning territory instead of overpromising tax savings or unofficial pension-wealth estimates.
Monthly Contribution ≈ APY benchmark chart interpolation(Pension Amount, Joining Age) Total Contribution = Monthly Contribution × 12 × (60 − Joining Age) Spouse Pension = Same as subscriber pension (transfers on death under APY rules)
Result: ₹376/month contribution for ₹5,000/month guaranteed pension at age 60
A 25-year-old targeting the ₹5,000 APY pension tier contributes about ₹376 per month, or ₹4,512 per year, until age 60. Over 35 contribution years that is about ₹157,920 in total contributions, after which the selected guaranteed pension tier begins at age 60 under the scheme rules.
The APY contribution chart is the starting point for this page. Because the benchmark values on the worksheet are drawn from published chart ages, the result is best used to compare tiers and the cost of joining earlier versus later. The actual debit frequency can be monthly, quarterly, or half-yearly through the linked savings account.
APY and NPS serve different roles. APY is a fixed-benefit pension scheme with preset pension tiers and contribution schedules. NPS is market-linked and more flexible on contribution amounts, but it does not promise a fixed pension amount. For some users APY is a predictable base layer while NPS is the long-term accumulation layer.
Eligibility matters before any contribution comparison. APY is restricted to eligible Indian citizens within the joining-age band and, from 1 October 2022, new accounts are not available to citizens who are or have been income-tax payers. That makes an eligibility check just as important as the contribution estimate itself.
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This worksheet estimates the monthly-equivalent APY contribution for the chosen pension tier by using published APY contribution benchmarks at ages 18, 20, 25, 30, 35, and 40 and interpolating between those benchmark ages for intermediate entries. It then totals contributions through age 60 and compares the five guaranteed pension tiers. Because the official debit can be monthly, quarterly, or half-yearly and the servicing bank or post office remains the authoritative source, use this page as a planning estimate rather than as an enrollment form.
APY is open to eligible Indian citizens aged 18 to 40 with a savings bank or post office savings account. PFRDA states that from 1 October 2022, any citizen who is or has been an income-tax payer is not eligible to open a new APY account.
APY offers five fixed monthly pension amounts: ₹1,000, ₹2,000, ₹3,000, ₹4,000, and ₹5,000. The pension is guaranteed by the Government of India and begins at age 60, continuing for life.
No. APY-related tax treatment can depend on the subscriber’s broader tax situation and applicable rules, so this page does not output a fixed tax-saving amount. It stays focused on contribution planning and pension-tier comparison.
If the subscriber dies before 60, the spouse can either continue the APY account and receive the pension at 60, or close the account and receive the accumulated corpus. If the spouse also passes, the nominee receives the lump-sum corpus.
PFRDA describes APY as a long-term pension account intended to continue until age 60. Exit and closure treatment depends on the scheme rules in force and the reason for exit, so the servicing bank, post office, or current APY rules should be checked before treating APY as a flexible savings account.
The worksheet uses benchmark APY chart values at ages 18, 20, 25, 30, 35, and 40 and interpolates between those ages to estimate a monthly-equivalent contribution for intermediate ages. Official bank or post office debit schedules remain the authoritative contribution record.
Yes, you can upgrade or downgrade your pension amount once per year during the contribution period. The contribution will be recalculated based on your current age and the new pension amount chosen.