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Estimate your monthly contribution and guaranteed pension under the Atal Pension Yojana. See how your age at entry affects your contribution amount.
Enter your age and desired pension amount to see your monthly contribution
Enter your age and desired pension amount to see your monthly contribution and total corpus.
APY is targeted at the unorganised sector.
Younger entry means lower monthly contribution.
Atal Pension Yojana is a government-backed pension scheme launched in May 2015, designed primarily for workers in the unorganised sector. It provides a guaranteed monthly pension between ₹1,000 and ₹5,000 after the subscriber turns 60 [citation:4][citation:9].
APY provides comprehensive financial security through three key benefits: guaranteed monthly pension after age 60, continued pension for the spouse after the subscriber's death, and return of the accumulated corpus to the nominee after both pass away [citation:4].
The government guarantees the minimum pension. If the accumulated corpus earns lower returns and is inadequate, the Central Government funds the shortfall [citation:10].
| Entry Age | Years to 60 | ₹1,000 Pension | ₹2,000 Pension | ₹5,000 Pension |
|---|---|---|---|---|
| 18 | 42 | ₹42 | ₹84 | ₹210 |
| 25 | 35 | ₹76 | ₹151 | ₹376 |
| 30 | 30 | ₹116 | ₹231 | ₹577 |
| 35 | 25 | ₹181 | ₹362 | ₹902 |
| 40 | 20 | ₹291 | ₹582 | ₹1,454 |
The younger you join, the lower your monthly contribution. A 25-year-old pays approximately ₹376/month for a ₹5,000 pension, while a 40-year-old pays ₹1,454/month for the same pension [citation:6][citation:7].
Indian citizens aged between 18 and 40 years who hold a savings bank account or post office savings account are eligible. Since October 2022, individuals who are or have been income taxpayers are not eligible to open a new APY account [citation:14].
The pension amount depends on the contribution level chosen at the time of enrolment and your age at entry. The younger you join, the lower your monthly contribution for the same pension amount. Pension slabs range from ₹1,000 to ₹5,000 per month [citation:1][citation:4].
An APY account does not close automatically due to missed payments. Subscribers can regularise their accounts later by paying overdue contributions along with applicable interest. However, account maintenance charges continue to be deducted [citation:14].
Premature exit before 60 is not permitted except in exceptional circumstances such as death of the subscriber or terminal disease. If the account is closed prematurely, only the subscriber's contribution plus interest earned is paid. The government's co-contribution and interest on it are forfeited [citation:5][citation:10].
In the event of the subscriber's death, the same pension amount is paid to the spouse. After the death of both the subscriber and spouse, the accumulated corpus is returned to the nominee [citation:9][citation:10].
The account opening fee is ₹15, annual maintenance charge is ₹15, and there are no transaction charges. These are nominal fees designed to keep the scheme accessible [citation:4][citation:9].