Loading your workspace. Please wait...

Atal Pension Yojana (APY)

Calculate your exact monthly premium for the Government's lowest-cost, highest-guarantee pension scheme. Secure lifelong income for both you and your spouse.

Desired Monthly Pension

₹1,000100%₹5K

APY limits the maximum guaranteed pension to ₹5,000 per month.

Your Current Age

1855%40

You must be between 18 and 40 years old to enter the schema. The younger you start, the exponentially cheaper your premium becomes.

The Triple Guarantee

1. Pension to you for life after age 60.
2. Same pension to your spouse after your death.
3. Fixed Corpus lumpsum returned to your nominee thereafter.

Required Monthly Setup

₹580

Payable till age 60

Guaranteed Monthly Pension

₹5,000

For Life (Self + Spouse)

Total Investment

₹2,08,800

Cost over 30 years

Return of Corpus amount

₹8,50,000

To nominee after both pass away

Investment Pipeline (Til Age 60)

* This plots your total out-of-pocket cost over time. Once you hit 60, payments stop and the lifetime pension commences.

Cost Analysis

The brilliant part of APY is seeing how little you actually pay compared to the fixed ₹1.7 Lakh/₹1000 corpus given back to your nominee.

Age	Yearly Deduction	Cumulative Paid
Age 30	₹6,960	₹6,960
Age 31	₹6,960	₹13,920
Age 32	₹6,960	₹20,880
Age 33	₹6,960	₹27,840
Age 34	₹6,960	₹34,800
Age 35	₹6,960	₹41,760
Age 36	₹6,960	₹48,720
Age 37	₹6,960	₹55,680
Age 38	₹6,960	₹62,640
Age 39	₹6,960	₹69,600
Age 40	₹6,960	₹76,560
Age 41	₹6,960	₹83,520
Age 42	₹6,960	₹90,480
Age 43	₹6,960	₹97,440
Age 44	₹6,960	₹1,04,400
Age 45	₹6,960	₹1,11,360
Age 46	₹6,960	₹1,18,320
Age 47	₹6,960	₹1,25,280
Age 48	₹6,960	₹1,32,240
Age 49	₹6,960	₹1,39,200
Age 50	₹6,960	₹1,46,160
Age 51	₹6,960	₹1,53,120
Age 52	₹6,960	₹1,60,080
Age 53	₹6,960	₹1,67,040
Age 54	₹6,960	₹1,74,000
Age 55	₹6,960	₹1,80,960
Age 56	₹6,960	₹1,87,920
Age 57	₹6,960	₹1,94,880
Age 58	₹6,960	₹2,01,840
Age 59	₹6,960	₹2,08,800

How is this calculated?

APY is not built on standard compounding formulas. It is a defined-benefit scheme managed by the PFRDA based on actuarial tables. The premium you pay is fixed strictly according to your entry age and desired pension band.

Related Calculators

NPS Calculator EPF Calculator SCSS Calculator

Need help understanding your results?

Connect with a verified Chartered Accountant for personalised advice.

Book Free Consultation

APY Calculator — India's Cheapest Guaranteed Pension

The simplest, cheapest, and most robust safety net built by the Government of India. Discover why enrolling at age 18 is mathematically the greatest retirement hack available for non-taxpayers.

Why younger entry ages are an absolute steal

Extremely Low Premiums

If you join at age 18, securing a lifetime pension of ₹5,000 for you and your spouse costs merely ₹210 per month (₹7 a day). It is actuarially impossible to find a private annuity this cheap.

The Triple Guarantee

Unlike Mutual Funds or even NPS which fluctuate, APY's triple guarantee is sovereign-backed: 1) Pension to you, 2) Pension to spouse, 3) Return of large corpus to nominee.

Auto-Debit Convenience

No need to remember payments or go to an office. APY premiums are mandatorily set up on auto-debit directly from your bank account either monthly, quarterly, or half-yearly.

The Math Behind the Magic

Total Investment vs Corpus Returned

Consider a 25-year-old subscribing for a ₹5,000 monthly pension:

Total Paid (Out of Pocket): The premium is ₹376/month. At 60 (after 35 years), the total amount deducted from the bank account is merely ₹1,57,920.
Value Received: They receive ₹5,000 every month (₹60,000/year) until they die. Then the spouse receives it until they die.
The Massive Corpus Return: Once both pass away, the nominee receives an absolutely fixed ₹8.5 Lakh Lumpsum. The government essentially returns over 5x your original invested amount.

Legal Framework & Compliance

Regulator: PFRDA (Pension Fund Regulatory and Development Authority). APY was launched by PM Modi on 9th May 2015 as a replacement for the Swavalamban Yojana.

Eligibility Change (Oct 2022): Income taxpayers are no longer eligible to join APY. Existing subscribers who become taxpayers may continue but cannot open new accounts.

Disclaimer: APY pension amounts are fixed and not inflation-adjusted. The scheme is guaranteed by the Government of India. Premium calculations are based on PFRDA actuarial tables and may be revised.

Frequently Asked Questions

Build a Multi-Layer Pension Stack

APY provides the safety net floor. Add growth layers:

NPS Calculator EPF Calculator SCSS Calculator FIRE Calculator

Loading your workspace. Please wait...

All Calculators

Atal Pension Yojana (APY)

Calculate your exact monthly premium for the Government's lowest-cost, highest-guarantee pension scheme. Secure lifelong income for both you and your spouse.

Desired Monthly Pension

₹1,000100%₹5K

APY limits the maximum guaranteed pension to ₹5,000 per month.

Your Current Age

1855%40

You must be between 18 and 40 years old to enter the schema. The younger you start, the exponentially cheaper your premium becomes.

The Triple Guarantee

1. Pension to you for life after age 60.
2. Same pension to your spouse after your death.
3. Fixed Corpus lumpsum returned to your nominee thereafter.

Required Monthly Setup

₹580

Payable till age 60

Guaranteed Monthly Pension

₹5,000

For Life (Self + Spouse)

Total Investment

₹2,08,800

Cost over 30 years

Return of Corpus amount

₹8,50,000

To nominee after both pass away

Investment Pipeline (Til Age 60)

* This plots your total out-of-pocket cost over time. Once you hit 60, payments stop and the lifetime pension commences.

Cost Analysis

The brilliant part of APY is seeing how little you actually pay compared to the fixed ₹1.7 Lakh/₹1000 corpus given back to your nominee.

Age	Yearly Deduction	Cumulative Paid
Age 30	₹6,960	₹6,960
Age 31	₹6,960	₹13,920
Age 32	₹6,960	₹20,880
Age 33	₹6,960	₹27,840
Age 34	₹6,960	₹34,800
Age 35	₹6,960	₹41,760
Age 36	₹6,960	₹48,720
Age 37	₹6,960	₹55,680
Age 38	₹6,960	₹62,640
Age 39	₹6,960	₹69,600
Age 40	₹6,960	₹76,560
Age 41	₹6,960	₹83,520
Age 42	₹6,960	₹90,480
Age 43	₹6,960	₹97,440
Age 44	₹6,960	₹1,04,400
Age 45	₹6,960	₹1,11,360
Age 46	₹6,960	₹1,18,320
Age 47	₹6,960	₹1,25,280
Age 48	₹6,960	₹1,32,240
Age 49	₹6,960	₹1,39,200
Age 50	₹6,960	₹1,46,160
Age 51	₹6,960	₹1,53,120
Age 52	₹6,960	₹1,60,080
Age 53	₹6,960	₹1,67,040
Age 54	₹6,960	₹1,74,000
Age 55	₹6,960	₹1,80,960
Age 56	₹6,960	₹1,87,920
Age 57	₹6,960	₹1,94,880
Age 58	₹6,960	₹2,01,840
Age 59	₹6,960	₹2,08,800

How is this calculated?

Related Calculators

NPS Calculator EPF Calculator SCSS Calculator

Need help understanding your results?

Connect with a verified Chartered Accountant for personalised advice.

Book Free Consultation

APY Calculator — India's Cheapest Guaranteed Pension

The simplest, cheapest, and most robust safety net built by the Government of India. Discover why enrolling at age 18 is mathematically the greatest retirement hack available for non-taxpayers.

Why younger entry ages are an absolute steal

Extremely Low Premiums

If you join at age 18, securing a lifetime pension of ₹5,000 for you and your spouse costs merely ₹210 per month (₹7 a day). It is actuarially impossible to find a private annuity this cheap.

The Triple Guarantee

Unlike Mutual Funds or even NPS which fluctuate, APY's triple guarantee is sovereign-backed: 1) Pension to you, 2) Pension to spouse, 3) Return of large corpus to nominee.

Auto-Debit Convenience

No need to remember payments or go to an office. APY premiums are mandatorily set up on auto-debit directly from your bank account either monthly, quarterly, or half-yearly.

The Math Behind the Magic

Total Investment vs Corpus Returned

Consider a 25-year-old subscribing for a ₹5,000 monthly pension:

Total Paid (Out of Pocket): The premium is ₹376/month. At 60 (after 35 years), the total amount deducted from the bank account is merely ₹1,57,920.
Value Received: They receive ₹5,000 every month (₹60,000/year) until they die. Then the spouse receives it until they die.
The Massive Corpus Return: Once both pass away, the nominee receives an absolutely fixed ₹8.5 Lakh Lumpsum. The government essentially returns over 5x your original invested amount.

Legal Framework & Compliance

Regulator: PFRDA (Pension Fund Regulatory and Development Authority). APY was launched by PM Modi on 9th May 2015 as a replacement for the Swavalamban Yojana.

Eligibility Change (Oct 2022): Income taxpayers are no longer eligible to join APY. Existing subscribers who become taxpayers may continue but cannot open new accounts.

Frequently Asked Questions

Build a Multi-Layer Pension Stack

APY provides the safety net floor. Add growth layers:

NPS Calculator EPF Calculator SCSS Calculator FIRE Calculator