Atal Pension Yojana (APY) Calculator

Government-guaranteed monthly pension of ₹1,000-₹5,000 for life after age 60. Contribution based on entry age and chosen pension amount.

Inputs

1840

Result

Monthly contribution needed
₹580
  • Contribution years30 years (age 30 to 60)
  • Total lifetime contribution₹208,800
  • Guaranteed monthly pension (from age 60)₹5,000
  • Nominee corpus (on subscriber death)Paid to spouse; if spouse also dies, to nominee₹850,000
  • GuarantorCentral Govt guarantees minimum pension; any shortfall subsidizedGovernment of India

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How to use this calculator

  • Enter your current age (must be 18-40).
  • Choose target monthly pension (₹1,000-₹5,000).
  • Read required monthly contribution + total lifetime cost.

About this tool

Atal Pension Yojana (APY) is India's only Government-guaranteed pension scheme, launched 2015 for the unorganized sector. Anyone aged 18-40 with a bank account can enroll. You contribute monthly till age 60, then receive fixed monthly pension of ₹1,000 / ₹2,000 / ₹3,000 / ₹4,000 or ₹5,000 for LIFE. On subscriber death, spouse continues receiving pension for life; on spouse death, nominee gets accumulated corpus. Government guarantees minimum pension — any shortfall from investment returns is topped up by GoI. Contributions qualify for Section 80CCD(1B) (₹50K exclusive deduction over 80C).

Frequently asked

APY contributions qualify for Section 80CCD(1B) — an additional ₹50,000 deduction ABOVE the ₹1.5L Section 80C limit. Same category as NPS Tier-1. Available under old tax regime only (new regime does NOT allow this deduction).

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