What is Atal Pension Yojana (APY)?
Atal Pension Yojana (APY) is a Government of India pension scheme aimed at the unorganised sector. You contribute monthly until age 60 and receive a guaranteed pension of ₹1,000 to ₹5,000 per month for life, with the corpus returned to your nominee after death. The earlier you join (age 18–40), the lower your contribution.
Formula
Contribution depends on entry age and chosen pension:
Monthly Contribution = Base factor × Age factor Base factor rises with target pension (₹1k → ₹5k). Age factor = 1 + (entry age − 18) × 0.055 → the older you join, the more you pay. Pension is guaranteed by the Government of India.
How to use this calculator
Enter your current age (18–40) and pick the guaranteed monthly pension you want at age 60. The calculator shows the indicative monthly contribution you'll pay until age 60.