What is Atal Pension Yojana?

APY is a government-backed pension scheme aimed at creating a safety net for workers in the unorganized sector.

Who is eligible to join APY?

Any Indian citizen between 18 and 40 years of age with a valid savings bank account is eligible.

Finance

APY Calculator

Atal Pension Yojana monthly premium contributions and benefits

Current Entry Age

yrs

Target Monthly Pension

Monthly Premium

₹606

Payable monthly till age 60 (35 years of contribution)

Target Pension

₹5,000/mo

Total Investment

₹2,54,520

Pension Start Age

60 years

Contribution Period

35 yrs

Formula

Premium is mapped to Entry Age (18-40) and desired pension targets as defined by PFRDA guidelines.

Example: At age 18, monthly premium for ₹5,000 pension is ₹210. Total years = 42. Contribution = ₹1,05,840.

How to use

Enter your current entry age (between 18 and 40).
Select your target monthly pension slab (₹1,000 to ₹5,000).
View your required monthly premium amount and total contribution till age 60.

Benefits

Guaranteed lifetime pension scheme backed by the Government of India.
Exemptions under Section 80CCD.
In case of subscriber demise, spouse is guaranteed same pension payout.

Frequently Asked Questions

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Subject to Government notifications and PFRDA terms.

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