Atal Pension Yojana Calculator: Estimate Your Monthly Contribution & Pension
Use our free Atal Pension Yojana calculator to estimate how much you must contribute monthly and how much pension you'll receive at age 60.
Enter your current age (18-40 years)
Choose your target monthly pension at age 60
How often you'll make contributions
Important Disclaimer
This Atal Pension Yojana calculator provides approximate estimates based on current government guidelines and PFRDA contribution tables. Actual pension and contributions may vary depending on updates. The corpus calculation is illustrative. For official information and enrollment, please visit the PFRDA website or contact your bank.
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What is the Atal Pension Yojana Calculator?
The Atal Pension Yojana (APY) Calculator is a simple online tool that helps Indian citizens estimate how much they need to contribute every month to receive a fixed pension after retirement.
The Atal Pension Yojana is a Government of India–backed pension scheme, launched in 2015 under the Ministry of Finance and regulated by the Pension Fund Regulatory and Development Authority (PFRDA). It primarily targets workers from the unorganised sector who lack access to formal pension or social security benefits.
Using this calculator, you can easily determine:
- Your monthly contribution based on your age and desired pension amount.
- The total contribution you will make till the age of 60.
- The guaranteed monthly pension you will receive after retirement.
It's an essential planning tool for anyone in India looking for a secure post-retirement income under a government-guaranteed pension plan.
How to Use the Atal Pension Yojana Calculator – Step-by-Step Guide
This calculator is designed to be easy to use for every Indian citizen, whether you're familiar with financial tools or not. Follow these simple steps:
Step 1: Enter Your Current Age
The APY scheme is open for individuals aged 18 to 40 years. Select your age within this range.
Step 2: Choose Your Desired Monthly Pension Amount
You can choose a guaranteed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 after the age of 60.
Step 3: Select Your Contribution Frequency
Some calculators allow you to select whether you want to contribute monthly, quarterly, or half-yearly.
Step 4: View Instant Results
The calculator will instantly show:
- Monthly contribution required for your chosen pension target.
- Total number of years you will contribute (until age 60).
- Total contribution amount over the entire period.
Step 5: Review Your Results
You can adjust your age or pension target to see how the required contribution changes. This helps you plan when to start investing to minimize your monthly payments.
Example Scenarios – Understanding with Real Numbers
To make it easier to understand, let's look at a few real-world examples of APY contributions and expected pension amounts using this calculator.
- Joining Age: 25 years
- Desired Pension: ₹3,000/month
- Monthly Contribution: ₹226
- Contribution Period: 35 years (till age 60)
- Total Contribution: ₹94,920 (₹226 × 12 × 35)
- After retirement, you'll receive ₹3,000/month pension for life.
- Joining Age: 30 years
- Desired Pension: ₹5,000/month
- Monthly Contribution: ₹577
- Contribution Period: 30 years
- Total Contribution: ₹2,07,720 (₹577 × 12 × 30)
- At age 60, you'll receive ₹5,000/month pension, guaranteed by the Government of India.
- Joining Age: 20 years
- Desired Pension: ₹1,000/month
- Monthly Contribution: ₹50
- Contribution Period: 40 years
- Total Contribution: ₹24,000 (₹50 × 12 × 40)
- You'll receive a ₹1,000/month guaranteed pension after turning 60.
These examples show that starting early means lower contributions and higher long-term benefits.
Eligibility and Key Scheme Details
To ensure you are eligible for the Atal Pension Yojana, check the criteria below:
Eligibility Criteria
- Must be an Indian citizen.
- Must be aged between 18 and 40 years at the time of enrollment.
- Must have a savings bank account (linked to Aadhaar).
- Should not be covered under any other statutory social security scheme (like EPF, NPS, etc.).
Pension Slabs Available
The APY offers five fixed pension options guaranteed by the Government of India:
₹1,000
per month
₹2,000
per month
₹3,000
per month
₹4,000
per month
₹5,000
per month
Contribution Period
You must contribute regularly until you reach the age of 60. For example:
- If you join at 20, you'll contribute for 40 years.
- If you join at 35, you'll contribute for 25 years.
Government Guarantee
The Government of India ensures:
- A minimum guaranteed pension after age 60.
- In case of the subscriber's death, the spouse receives the same pension amount.
- After both subscriber and spouse, the nominee receives the accumulated corpus.
Tax Benefits
Contributions made to the APY scheme are eligible for tax deduction under Section 80CCD(1) of the Income Tax Act, 1961, making it a smart investment for retirement planning.
Why You Should Use This Calculator
- It helps you plan your retirement early and reduce monthly contribution burden.
- You get a clear idea of total investment vs. guaranteed pension returns.
- You can compare pension slabs easily and decide what fits your financial goals.
- It saves time and provides instant results without manual calculations.
By visualizing your long-term contribution and benefit, this tool encourages you to start saving earlier for a secure and stable retirement.
Key Takeaways
- The Atal Pension Yojana calculator helps you find the ideal monthly contribution for your chosen pension slab.
- Starting early greatly reduces your monthly investment.
- The scheme offers government-backed security, ideal for self-employed and unorganised sector workers.
- Use the calculator before enrolling to understand your financial commitment and expected benefits.
References
- 1. PFRDA - Atal Pension Yojana Official Website: https://www.npscra.nsdl.co.in/scheme-details.php
- 2. Ministry of Finance - Government of India: https://www.finmin.nic.in/
- 3. Pension Fund Regulatory and Development Authority: https://www.pfrda.org.in/
Disclaimer
This Atal Pension Yojana calculator provides approximate estimates based on current government guidelines. Actual pension and contributions may vary depending on updates issued by the Pension Fund Regulatory and Development Authority (PFRDA). Please consult official government resources or your bank for the latest details.
Last Updated: November 2025
✅ Pro Tip: The earlier you start your APY contribution, the smaller your monthly payment becomes, so start early and secure your retirement today!
