APY Calculator
Atal Pension Yojana — calculate monthly contribution for ₹1,000–₹5,000 pension.
Desired Monthly Pension (from age 60)
Monthly Contribution
₹577
for 30 years
Monthly Pension (age 60+)
₹5.00 K
Total Invested
₹2.08 L
APY Calculator visual insights
Projected corpus
₹1.61 Cr
Growth
₹1.25 Cr
How to Use This Calculator
Enter Amount
Set your loan amount or investment using the slider or input field.
Set Rate & Tenure
Adjust the interest rate and time period to match your scenario.
Get Results
See your EMI, total interest, and full payment breakdown instantly.
Share & Plan
Share the result link or download the amortization schedule as PDF.
About APY Calculator
APY Calculator helps you project retirement corpus, pension, provident fund value, and long-term savings maturity using India-focused assumptions and INR formatting. Atal Pension Yojana — calculate monthly contribution for ₹1,000–₹5,000 pension.
This tool is useful for Indian families and salaried employees planning PPF, EPF, NPS, pension, gratuity, and small-savings schemes. It is designed for quick planning before comparing bank offers, investment options, tax choices, or scheme rules with a qualified professional.
The calculations are tailored for users in India and use Indian number formatting, rupee values, and locally relevant finance terms wherever applicable.
Results are estimates for education and planning. Final decisions should use official documents, lender statements, scheme rules, tax notices, or advice from a qualified professional.
Frequently Asked Questions
What is the Atal Pension Yojana (APY)?
APY is a government-backed pension scheme regulated by PFRDA for Indian citizens aged 18-40. It guarantees a fixed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000 or ₹5,000 from age 60 based on your monthly contribution.
How is APY pension calculated?
Contribution depends on your entry age and the pension slab you choose. For example, joining at age 18 for a ₹5,000 monthly pension requires only ₹210/month, while joining at age 40 needs ₹1,454/month — the younger you join, the lower the outgo.
Is APY a good investment option?
APY suits unorganised-sector workers and those without another pension. It offers guaranteed pension and the corpus returns to the nominee on subscriber death, but returns are modest (around 8% effective) compared to NPS equity options.
What tax benefit does APY offer?
Contributions to APY are eligible for deduction under Section 80CCD(1) within the overall ₹1.5 lakh 80C limit, and the additional ₹50,000 deduction under 80CCD(1B) is also available.
Can I exit APY before 60?
Voluntary exit before 60 is allowed only on premature closure grounds: you get back your contributions plus net income earned, minus account maintenance charges. On death before 60, the spouse can continue or receive the accumulated corpus.
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Methodology & Formulas
All formulas used here comply with RBI guidelines and standard Indian financial conventions. Calculators are updated for FY 2026–27.
Last updated: April 2026