Atal Pension Yojana gives a Government-guaranteed pension of Rs. 1,000 to Rs. 5,000 a month from age 60. The APY calculator uses the official contribution chart to show your monthly contribution by joining age and chosen pension, the total you will pay, and the corpus returned to your nominee.
Atal Pension Yojana chart (monthly contribution)
| Joining age | Years | Rs. 1,000 | Rs. 2,000 | Rs. 3,000 | Rs. 4,000 | Rs. 5,000 |
|---|---|---|---|---|---|---|
| 18 | 42 | 42 | 84 | 126 | 168 | 210 |
| 19 | 41 | 46 | 92 | 138 | 183 | 228 |
| 20 | 40 | 50 | 100 | 150 | 198 | 248 |
| 21 | 39 | 54 | 108 | 162 | 215 | 269 |
| 22 | 38 | 59 | 117 | 177 | 234 | 292 |
| 23 | 37 | 64 | 127 | 192 | 254 | 318 |
| 24 | 36 | 70 | 139 | 208 | 277 | 346 |
| 25 | 35 | 76 | 151 | 226 | 301 | 376 |
| 26 | 34 | 82 | 164 | 246 | 327 | 409 |
| 27 | 33 | 90 | 178 | 268 | 356 | 446 |
| 28 | 32 | 97 | 194 | 292 | 388 | 485 |
| 29 | 31 | 106 | 212 | 318 | 423 | 529 |
| 30 | 30 | 116 | 231 | 347 | 462 | 577 |
| 31 | 29 | 126 | 252 | 379 | 504 | 630 |
| 32 | 28 | 138 | 276 | 414 | 551 | 689 |
| 33 | 27 | 151 | 302 | 453 | 602 | 752 |
| 34 | 26 | 165 | 330 | 495 | 659 | 824 |
| 35 | 25 | 181 | 362 | 543 | 722 | 902 |
| 36 | 24 | 198 | 396 | 594 | 792 | 990 |
| 37 | 23 | 218 | 436 | 654 | 870 | 1,087 |
| 38 | 22 | 240 | 480 | 720 | 957 | 1,196 |
| 39 | 21 | 264 | 528 | 792 | 1,054 | 1,318 |
| 40 | 20 | 291 | 582 | 873 | 1,164 | 1,454 |
Corpus returned to the nominee after both subscriber and spouse: Rs. 1.7 lakh (for Rs. 1,000 pension), Rs. 3.4 lakh, Rs. 5.1 lakh, Rs. 6.8 lakh and Rs. 8.5 lakh (for Rs. 5,000 pension).
APY rules
- Age 18 to 40, with a savings account at a bank or post office.
- Income-tax payers cannot join from 1 October 2022.
- Contribution is auto-debited monthly, quarterly or half-yearly; late payment attracts a small penalty.
- On the subscriber’s death, the spouse gets the same pension; after both, the nominee gets the corpus.
- APY is administered by PFRDA through the NPS architecture.
Frequently asked questions
How much to pay in APY for Rs. 5,000 pension?
Rs. 210 a month if you join at 18, Rs. 376 at 25, Rs. 577 at 30, Rs. 902 at 35 and Rs. 1,454 at 40.
Can I exit APY before 60?
Voluntary exit is allowed; you get back your contributions with net actual returns, but the Government co-contribution (where applicable) is not refunded.
APY or NPS?
APY gives a small guaranteed pension and suits unorganised workers. NPS has no pension cap and suits anyone who can invest more. Income-tax payers can only choose NPS.