APY Calculator: Atal Pension Yojana
Find the contribution for your entry age and chosen ₹1,000–₹5,000 monthly pension. Compare payment frequencies and see what your scheduled payments add up to before age 60.
Check my contributionChoose your pension and debit schedule
Use your age when joining APY. This table does not reprice an existing account using your current age.
Your scheduled contribution
Your chart contribution will appear here
Enter your age when joining, choose a pension slab and select how often you want to pay.
- The selected debit is looked up in PFRDA’s contribution chart.
- Annual cost uses 12 monthly, 4 quarterly or 2 half-yearly debits.
- The tables below compare all five pension slabs and show full-year contributions.
This independent reference does not open an account or confirm eligibility. The nominee corpus is a separate family-benefit reference, not a subscriber maturity payment.
- Scheduled annual contribution
- Full years to age 60
- Total scheduled contributions
- Selected monthly pension from 60
Full-year illustration: no actual debit dates, first-period adjustment, arrears, charges, pension changes, tax savings or investment returns are modelled. Your bank/CRA records determine actual account amounts.
Annual contribution = chart debit × debits per year
Chart amounts are looked up separately for each frequency. This is a sum of scheduled payments, not an investment-return projection.
Additional contribution figures
- Monthly budget equivalent
- Scheduled debits in that estimate
- Annualised selected pension
This is the chart’s indicative amount for the after-60 subscriber/spouse benefit pathway. It is separate from your contributions and is not your maturity payout or investment profit.
Compare all five pension choices
Same entry age; each amount is looked up separately. Budget badges apply to your selected frequency.
| Monthly pension | Monthly debit | Quarterly debit | Half-yearly debit | Indicative nominee corpus | Within budget? |
|---|
View the full year-by-year contribution schedule
Each row represents a complete age year, not a bank statement or a dated auto-debit instruction.
| Year | Illustrative age interval | Scheduled debits | Annual contribution | Cumulative contributions |
|---|
Three steps before your first APY debit
Use your joining age
Choose the chart age at enrolment. If you already hold an account, use its original entry age; pension upgrades and arrears are separate provider calculations.
Choose the pension floor
Select one of five monthly pension amounts. Review the contribution rather than assuming a ₹5,000 pension will cover all retirement expenses.
Match your debit cycle
Compare monthly, quarterly and half-yearly amounts against the cash available in the account. Then calculate and, if helpful, download the illustration.
Before applying, check citizenship, your exact joining date, tax-payer history and an eligible savings account. The result is a chart lookup, not acceptance of an application.
Check the rule that applies to your application
New application from 1 October 2022
An applicant who is or has been an income-tax payer as at the application date cannot join. Indian citizenship, an eligible savings bank or post-office savings account, and the entry-age requirement also apply.
Age 40 is a date boundary: the PFRDA FAQ permits entry up to the 40th birthday, but not from the next day. The calculator’s age-40 row alone cannot confirm eligibility.
Already enrolled?
The tax-payer exclusion does not retrospectively invalidate accounts opened on or before 30 September 2022. A subscriber who joined validly as a non-taxpayer may continue after becoming a taxpayer later.
Only one APY account is allowed per person. Each eligible family member can have their own account. Having EPF, an NPS account or a government job is not itself the new-application tax test.
Read the eligibility and account-opening answers in the PFRDA FAQ; declarations and acceptance are handled by the provider.
A lookup table, not a compound-return formula
APY contributions come from a chart keyed by entry age, pension choice and payment frequency. This calculator includes all 23 ages, five pension choices and three debit frequencies in the annex of the PFRDA FAQ.
Full-year contribution estimate = annual scheduled contribution × (60 − entry age)
Today’s-rupee illustration = selected monthly pension ÷ (1 + assumed inflation rate)years to 60
Frequency values are independent
For entry age 18 and ₹1,000 monthly pension, the FAQ chart lists ₹42 monthly, ₹127 quarterly and ₹256 half-yearly. Neither longer-frequency amount is calculated by multiplying ₹42.
Contribution total is not pension wealth
The sum of scheduled debits does not include actual investment income or deductions. Do not subtract it from the indicative nominee corpus to claim a profit or rate of return.
First calendar period may differ
The FAQ requires the whole initial quarter or half-year contribution, not a proportionate joining-date amount. The schedule here models full age years and does not reproduce that calendar treatment.
Source choice: some older participating-bank charts show different quarterly and half-yearly figures. This block explicitly uses the regulator-hosted FAQ annex, PDF page 14. Confirm the amount your provider registers before setting up a debit.
Compare joining ages and payment frequencies
Each example loads its inputs, calculates the result and moves you to the calculator. Figures exclude charges, arrears and calendar adjustments.
Early entry, monthly debit
42 full years give ₹1,05,840 in scheduled contributions.
Later entry, same pension slab
30 full years give ₹2,07,720 in scheduled contributions.
Quarterly debit with a ₹700 budget
₹3,000 is the highest listed monthly pension slab within this example’s per-debit budget.
Half-yearly chart at the age boundary
20 full years give ₹71,000 in scheduled contributions. New joining is permitted only up to the 40th birthday.
The indicative nominee corpus is a conditional family-benefit reference. It is not added to your contribution total or shown as a subscriber maturity payout.
Three different benefit pathways
Subscriber reaches age 60
The selected minimum monthly pension begins after attaining 60 under the scheme conditions. It is income payable over time, not the displayed corpus paid as a subscriber lump sum.
Death before age 60
The spouse may continue contributions until the original subscriber would have reached 60, or the accumulated corpus may be returned to the spouse/nominee. This calculator does not estimate that early-death account balance.
Death after pension begins
The surviving spouse receives the same pension; after both have died, the accumulated pension wealth is returned to the nominee. The chart’s corpus amounts are indicative, not an investment-return promise.
Nomination is mandatory. Keep spouse and nominee details current with the bank or post office, and use the PFRDA FAQ’s pension and exit answers for the applicable pathway.
Debits, missed payments and plan changes
Keep money available for collection
For subsequent contributions, the 27 February 2026 guidelines, effective 1 April 2026, require a debit cycle within the first ten calendar days of the month, quarter or half-year, followed by demands on working days for unpaid contributions.
Use the current overdue rule
For a delayed monthly contribution, the FAQ specifies ₹1 for every ₹100 or part of ₹100, per month of delay. That interest is credited to the account. Obtain an actual arrears statement; this tool does not price defaults.
Changes are not confined to April
One pension upgrade or downgrade can be requested per financial year; the request window is not confined to April. Auto-debit frequency can also be changed once per year. The provider calculates any adjustment; selecting a new slab here does not amend an account.
The FAQ does not prescribe automatic account closure merely for non-payment. Arrears can be regularised with overdue interest, while maintenance and other periodic charges can reduce the balance. Voluntary exit before 60 has a different settlement calculation, including applicable deductions.
Operational source: PFRDA guidelines dated 27 February 2026. Scheme details: APY FAQ.
What the continuation decision changes
Continuation through FY 2030–31
The Cabinet approved continuation of APY through FY 2030–31, including support for promotional and developmental activity and gap funding. The release continues to describe the ₹1,000–₹5,000 minimum monthly pension choices.
This decision is not treated here as a new pension slab, a subscriber’s pension stop date in 2031, or a matching government payment for every new applicant.
Historical government co-contribution applied only to qualifying early enrolments, under its original conditions. It is not added to the contribution totals or shown as a current joining incentive.
A fixed pension amount still needs a budget
Nominal pension and inflation
The optional illustration reduces the future pension to today’s rupees at your chosen inflation assumption. It does not forecast prices or assume an automatic inflation-linked increase in the pension.
APY and NPS answer different questions
APY uses contribution-linked minimum pension choices. An NPS projection depends on assumptions about market-linked accumulation and pension conversion. Do not compare the APY indicative nominee amount to an NPS maturity projection as identical benefits.
Tax is outside this calculator
A contribution amount is not proof of tax relief. Deductions depend on the applicable year, regime and personal eligibility. No tax saving, investment return or automatic government co-contribution is included.
For a separate NPS projection use the NPS Calculator. For contribution tax treatment, consult current Income Tax Department guidance.
Before you rely on the chart result
Does APY mean annual percentage yield here?
No. This page calculates contributions for India’s Atal Pension Yojana. It does not calculate annual percentage yield on a savings account.
Can an income-tax payer start a new APY account?
For applications from 1 October 2022, a person who is or has been an income-tax payer as at the application date cannot join. A bank or post office must check the declaration and other requirements.
What if I joined before the restriction or became a taxpayer later?
The restriction does not invalidate an account joined on or before 30 September 2022. A person who validly joined as a non-taxpayer can continue after subsequently becoming a taxpayer. Use the original entry age for a chart reference; an existing-account pension change requires a separate calculation by your provider.
Can I join at age 40?
The PFRDA FAQ allows joining up to the 40th birthday, and not from the following day. The age-40 contribution row is included for that boundary. An integer age field cannot determine your exact application-date eligibility.
Is quarterly payment three times the monthly contribution?
No. This tool looks up each frequency in the PFRDA FAQ annex. At entry age 18 for a ₹1,000 pension, the table lists ₹42 monthly, ₹127 quarterly and ₹256 half-yearly.
Is the total contribution an account balance or maturity value?
No. It is scheduled debits per year multiplied by full years to 60. Actual account wealth, charges, missed contributions, pension changes and calendar effects are excluded. There is no subscriber maturity lump sum calculated here.
When would a nominee receive the displayed corpus?
The chart labels these amounts indicative. After age 60, pension is payable to the subscriber, then to the surviving spouse; after both have died the accumulated pension wealth is returned to the nominee. A death before age 60 has different continuation or exit options and is not assigned the same indicative amount by this tool.
Can I change my pension or debit frequency?
The FAQ permits one pension upgrade or downgrade per financial year; the request window is not limited to April. A change of auto-debit frequency is also permitted once per year. Ask your provider about the applicable adjustment and processing.
What happens after a missed monthly debit?
The FAQ specifies overdue interest of ₹1 for each ₹100 of contribution or part of ₹100, per month of delay. It is credited to the APY account. Arrears and interest can be regularised; periodic charges may still reduce the balance. This tool does not calculate arrears.
Can I withdraw before 60?
Voluntary exit is allowed under the scheme rules. The settlement reflects your contributions and net actual income after account-maintenance charges. If historical government co-contributions were received, those and their attributable income are excluded from a voluntary-exit settlement.
Does the 2026 continuation decision raise the pension to more than ₹5,000?
The Cabinet release of 21 January 2026 approves continuation through FY 2030–31 and related funding. It still describes the five ₹1,000–₹5,000 monthly pension choices. This calculator does not infer a higher pension, a personal end date in 2031 or a new matching grant.
Do I receive a tax-saving estimate?
No. Any deduction depends on the applicable tax year, tax regime and individual eligibility. The chart amount is a scheme contribution, not proof of a tax deduction. Check current Income Tax Department guidance before claiming one.
Official references & related tools
Official source documents
PFRDA · APY FAQ and contribution chartEligibility, payment frequencies, pension choices and indicative corpus; annex on PDF page 14.PFRDA · 27 February 2026 guidelinesOperational collection and provider-service guidance; not a replacement contribution table.PIB · Cabinet continuation announcement21 January 2026 declaration: continuation through FY 2030–31 and related funding.Income Tax DepartmentOfficial tax guidance; this calculator does not estimate a deduction.Sources reviewed on 14 October 2026. The regulator FAQ is the declared chart basis; your provider verifies the registered debit and individual eligibility.
Continue a separate calculation
Each linked calculator has its own assumptions. No related result is combined with your APY plan automatically.