Smart APY Calculator
Secure your old age with a guaranteed monthly income. Calculate your monthly contribution based on your age to receive a fixed pension of up to ₹5,000/month.
Guaranteed
Fixed monthly pension
Unorganized
For all citizens 18-40
Spouse Benefits
Pension continues to spouse
Corpus Return
To nominee after death
What is an APY Calculator?
A tool to determine the exact monthly contribution required to secure a fixed pension under the Atal Pension Yojana based on your entry age.
Your Retirement Planning Engine
Atal Pension Yojana (APY) is a social security scheme launched by the Government of India, aiming to provide a defined pension to the unorganized sector. The unique feature of APY is that the pension amount is fixed, but the contribution amount changes based on the age you join.
Fixed Pension Slabs
You can choose a guaranteed monthly pension of ₹1000, ₹2000, ₹3000, ₹4000, or ₹5000 starting at age 60.
Early Entry Benefit
The younger you join (minimum 18 years), the lower your monthly contribution will be. Joining at 40 requires higher payments.
Legacy for Nominee
In the unfortunate event of death of both subscriber and spouse, a specific corpus amount (up to ₹8.5 Lakhs) is returned to the nominee.
Age Eligibility
Available for all Indian citizens aged between 18 and 40 years. The pension starts strictly at age 60.
Auto-Debit
Contributions are automatically debited from your savings bank account monthly, quarterly, or half-yearly.
Total Investment
Our calculator shows the total amount you will invest over the years vs the corpus return your family gets.
Why Choose Our APY Calculator?
Official Logic
We use the official PFRDA contribution chart logic to calculate your exact monthly premium based on age.
Corpus Estimation
Unlike simple calculators, we show you the 'Return of Corpus' amount that your nominee is eligible for.
Payment Schedule
View a year-wise summary of how much you will have contributed until the age of 60.
APY Calculator
Calculate Monthly Contribution for Guaranteed Pension.
Must be between 18 and 40 years.
Fixed pension starting at age 60.
How to Use the APY Calculator
Three easy steps to plan your guaranteed pension.
Enter Your Age
Enter your current age (between 18 and 40). The earlier you start, the lower your monthly contribution will be.
Select Pension Amount
Choose how much pension you want to receive monthly after age 60. Options range from ₹1,000 to ₹5,000.
View Premium
Click 'Calculate APY' to see the monthly amount that will be auto-debited from your bank account and the corpus your nominee receives.
Decoding APY Rules
Understand the terminology before you invest.
| Term | Definition | Impact |
|---|---|---|
| Vesting Age | The age (60 years) when pension starts. | You must pay premiums until this age. |
| Default Penalty | Fee for missing monthly contributions. | ₹1 to ₹10 per month depending on contribution amount. |
| Defined Benefit | The pension amount is known in advance. | Risk-free. Not dependent on market ups and downs. |
| Nominee Corpus | Lump sum returned to legal heir. | Ensures wealth is passed on after death of spouse. |
Why Choose APY?
Designed specifically for the unorganized sector to provide social security.
Tax Benefits
Contributions to APY are eligible for tax deduction under Section 80CCD(1B) of the Income Tax Act, over and above the ₹1.5 Lakh limit of Section 80C.
Very Low Investment
Start with as little as ₹42/month (for ₹1000 pension at age 18). It is affordable for almost everyone, including daily wage workers, drivers, and maids.
APY vs NPS
How does Atal Pension Yojana compare to National Pension System?
APY
Best for those who want safety and a known fixed income for basic needs.
NPS
Best for wealth creation and higher pension needs through market returns.
Who Should Use APY Calculator?
Discover how our APY calculator helps plan for basic security.
Private & Gig Workers
Drivers, delivery partners, maids, and daily wage workers who do not have EPF benefits. APY acts as their primary social security net.
Small Business Owners
Shopkeepers and freelancers can use APY to ensure a baseline income post-retirement, regardless of business fluctuations.
APY Example Scenario
See how starting early saves you money for the same benefit.
Joining at 18 vs 30
Target: ₹5,000 Monthly Pension
Result: Delaying by 12 years more than doubles your monthly premium for the exact same benefit.
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Frequently Asked Questions
Common queries about APY.
What happens if subscriber dies?
If the subscriber dies before 60, the spouse can continue the account or withdraw corpus. If death occurs after 60, the spouse gets the same pension. Upon death of both, nominee gets the accumulated corpus.
Can I upgrade my pension amount later?
Yes, you can upgrade (e.g., from ₹1000 to ₹5000) or downgrade the pension amount once a year during April. You will have to pay the differential amount for upgrading.
Can I exit before 60?
Voluntary exit is permitted, but you will only get your contributions plus interest. The government co-contribution (if any) will not be returned.
Have Specific Questions?
Need help calculating premiums for other age groups? Contact us.
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