APY Calculator India — Atal Pension Yojana Pension Estimate 2026
Real-World Examples — 2026
28-year-old targeting ₹3,000/month pension
A 28-year-old subscribing to APY for ₹3,000/month pension contributes ₹376/month for 32 years (total ₹1,44,192). At 60, they receive ₹3,000/month (₹36,000/year) guaranteed for life.
Starting late at 35 for ₹5,000/month pension
Joining APY at 35 for ₹5,000/month pension requires ₹902/month for 25 years (total ₹2,70,600). The corpus at 60 is ₹8.5 lakh. Starting at 25 for the same pension requires only ₹376/month — early start saves significantly.
Frequently Asked Questions
What is Atal Pension Yojana (APY)?
APY is a government-backed pension scheme for unorganised sector workers. It guarantees a fixed monthly pension of ₹1,000 to ₹5,000 from age 60. Both employee and (for eligible subscribers) the government contribute. On death, the spouse gets the same pension; on spouse's death, the nominee gets the corpus.
Who is eligible for APY?
Any Indian citizen aged 18–40 with a savings bank account is eligible. However, income taxpayers are not eligible. Enrolment is through banks and post offices. The NPS trust manages the APY corpus.
What is the government co-contribution under APY?
The government contributed 50% of the subscriber's contribution or ₹1,000/year (whichever is lower) for 5 years (2015–20) for eligible subscribers. New subscribers from FY 2022 onwards who are income taxpayers are not eligible for government co-contribution.
Is the APY Calculator free?
Yes, the APY Calculator on CalcPhi is completely free with no registration required.
Are my inputs stored?
No. All calculations run in your browser. We do not store any financial data.
Can I use the APY Calculator on mobile?
Yes. CalcPhi is fully mobile-optimised and works on all modern smartphones.