What is an APY calculator?
An APY (Atal Pension Yojana) calculator shows how much you must contribute each month to receive a guaranteed pension after age 60. APY is a government-backed pension scheme for unorganised-sector workers, administered by PFRDA through banks and post offices.
Enter your joining age and desired monthly pension (₹1,000 to ₹5,000). The tool shows the prescribed monthly investment, how many years you contribute until age 60, and your total outlay over that period.
Why use an APY calculator before enrolling?
Monthly contributions are fixed by age and pension slab—you cannot pick an arbitrary amount. Knowing the numbers upfront helps you budget and compare APY with other retirement options.
How does this APY calculator work?
Contributions come from the official APY premium chart (Annex-1). Monthly investment is looked up by joining age (18–40) and pension choice. Investment time equals 60 minus your joining age. Total amount is monthly investment × 12 × investment time.
Total amount = Monthly contribution × 12 × (60 − Joining age)
Where –
| Monthly contribution | Prescribed amount from the APY chart |
|---|---|
| Joining age | Age when you enrol (18–40 years) |
| Pension slab | Guaranteed monthly pension at 60 (₹1,000–₹5,000) |
Example: Join at 25 for ₹5,000/month pension → ₹376/month for 35 years → total ₹1,57,920
Worked example
A 25-year-old choosing ₹5,000 monthly pension contributes ₹376 per month for 35 years until age 60. Total investment is ₹376 × 12 × 35 = ₹1,57,920. A 40-year-old selecting the same pension pays ₹1,454 per month for 20 years—₹3,48,960 in total.
How to use this APY calculator
Set your joining age and desired monthly pension using the sliders. Results update instantly. Pension amounts are fixed slabs of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 per month.
What this calculator does not include
Government co-contribution (where applicable), penalty charges for missed payments, quarterly or half-yearly contribution modes, tax treatment, and nominee corpus details are not shown here. Figures follow the standard monthly contribution chart.
Frequently asked questions
What is the age limit to join APY?
You can join between 18 and 40 years. Pension starts at 60 regardless of when you enrolled, so a later joiner contributes for fewer years but pays a higher monthly amount.
What pension amounts are available under APY?
Subscribers choose a guaranteed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 after age 60. ₹5,000 is the maximum slab.
How is total amount calculated here?
Total amount is the sum of all monthly contributions till age 60—monthly investment multiplied by the number of months in the vesting period. It does not include interest or the nominee corpus returned on death.