01
Enter your age
Type your current age (18–40). This sets how many years you contribute, until you turn 60.
APY Calculator
Find your Atal Pension Yojana monthly contribution by age.
Updated Reviewed by Sajid Hussain· Editor
Try it with your numbers
Results update in real time as you type — no submit needed.
Your numbers
APY bills sellers in Indian Rupee (INR), so this calculator works in INR — not your selected US Dollar ($). Every figure below matches your real APY statement. Localised USD marketplaces are coming soon.
Results
⚡
Results appear as you type
No submit button needed
Why trust this calculator
Last updated
June 14, 2026
Coverage
Region-specific
Privacy
Calculated in-browser · no data stored
Pricing
Free forever · no sign-up
India Pension Tool
What Is an APY Calculator?
An APY calculator shows the exact monthly contribution for the Atal Pension Yojana, based on your age and the pension you want — using the official PFRDA chart, not a guessed formula.
**APY guarantees a fixed pension for a small monthly contribution.** You choose a pension of ₹1,000 to ₹5,000 a month from age 60, and pay a fixed amount until then. The contribution depends on your entry age and chosen pension, read straight from the government chart.
**The earlier you join, the less you pay.** For a ₹5,000 pension, an 18-year-old pays just ₹210 a month, while a 40-year-old pays ₹1,454 — nearly seven times more — for the same pension. The calculator makes this age gap obvious.
**It protects your family too.** After 60, your spouse continues to receive the pension; after both of you, the nominee gets a guaranteed corpus, from ₹1.7 lakh up to ₹8.5 lakh depending on the pension level.
**It is government-backed, but the pension is fixed.** APY is run by PFRDA with a sovereign guarantee, and contributions get the same 80CCD tax benefits as NPS. The catch the calculator surfaces: the pension is not inflation-adjusted, so a ₹5,000 pension is worth far less in today's money decades from now — use APY as a base and layer NPS on top.
Quick facts
- Type
- Guaranteed government pension
- Join age
- 18 to 40
- Pension
- ₹1,000 to ₹5,000 / month
- Contribute until
- Age 60
- Tax
- 80CCD(1) + 80CCD(1B)
- Free to use
- No sign-up needed
How It Works
Calculate Your APY Contribution in Two Steps
02
Choose your pension
Pick the monthly pension you want from age 60 — ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000.
03
See your contribution
See the exact monthly contribution, the total you pay in, and the corpus your nominee receives.
Steps to use the APY Calculator: Enter your age, Choose your pension, See your contribution.
How It Is Set
How the APY Contribution Is Decided
01
Official chart, not a formula
Contribution = chart[entry age][pension level]
APY contributions come from a fixed PFRDA table. Each entry age (18–40) and pension level (₹1,000–₹5,000) maps to a set monthly amount — designed so the corpus funds the promised pension.
Example: Age 25, ₹5,000 pension → ₹376 a month
02
Years and total
Years = 60 − age · Total = monthly × 12 × years
You contribute from your current age until 60. The total you pay is the monthly contribution across all those months.
Example: ₹376 × 12 × 35 = ₹1,57,920
03
Corpus to nominee
Fixed per pension level (₹1.7L–₹8.5L)
After the death of both subscriber and spouse, the nominee receives a guaranteed corpus — set by the pension level, from ₹1.7 lakh (₹1,000) to ₹8.5 lakh (₹5,000).
Example: ₹5,000 pension → ₹8,50,000 corpus
04
Real pension (today's money)
Real pension = pension ÷ (1 + inflation)^years
The pension is fixed in rupees, so inflation erodes it. Discounting it to today shows what it can actually buy — far less for a young subscriber with decades to 60.
Example: ₹5,000 ÷ (1.06)^35 ≈ ₹651 in today's money
Worked Example
Step-by-Step Walkthrough (Age 25, ₹5,000 pension)
Currency note: the example below uses a benchmark scenario priced in Indian Rupee (INR). Values are converted to US Dollar (USD) at the latest exchange rate so you can compare against your own numbers.
Scenario
A 25-year-old joining APY for a $5,000.00 monthly pension at 60.
1
Step 1 · Monthly contribution
The PFRDA chart for age 25 and a $5,000.00 pension fixes the monthly amount.
Contribute $376.00/month
2
Step 2 · Total over the years
You pay this for 35 years, until age 60.
Total = $157,920.00
3
Step 3 · The guarantee
From 60 you get the pension for life; your nominee later gets the corpus.
Corpus = $850,000.00
The takeaway
Joining at 25 for a $5,000.00 pension costs just $376.00 a month — $157,920.00 in all over 35 years — for a guaranteed lifelong pension and an $850,000.00 corpus to your nominee. Starting young keeps the contribution tiny; every year you wait raises it.
By join age
APY Monthly Contribution for a ₹5,000 Pension
| Metric | Poor | Average | Good | Excellent |
|---|---|---|---|---|
Join at 18 PFRDA APY chart | ₹210 / month | |||
Join at 25 PFRDA APY chart | ₹376 / month | |||
Join at 35 PFRDA APY chart | ₹902 / month | |||
Join at 40 PFRDA APY chart | ₹1,454 / month |
Comparison
Calcrux vs Bank vs Generic Calculators
| Feature | Calcrux (Free) | Bank site | Generic |
|---|---|---|---|
| Exact contribution from the PFRDA chart | |||
| Total you contribute over the years | |||
| Corpus returned to nominee | |||
| Real pension value after inflation | |||
| Shows the age-vs-cost gap | |||
| Free, no sign-up required |
Common Mistakes
APY Mistakes to Avoid
Waiting to enrol
Why it matters
The contribution rises steeply with age. Delaying from 18 to 40 multiplies the monthly cost almost seven-fold for the same pension.
Fix
Join as early as possible — even at the lowest pension. You can always upgrade the pension level later.
Choosing too high a pension to afford
Why it matters
Picking ₹5,000 when you cannot sustain the contribution risks a payment default and penalties.
Fix
Start with a pension whose contribution fits your budget; raise it once a year as income grows.
Missing contributions
Why it matters
Late or missed APY contributions attract small penalties, and prolonged default can freeze or close the account.
Fix
Keep enough balance in the linked bank account for the auto-debit, especially around the due date.
Assuming the pension is tax-free
Why it matters
The pension received after 60 is taxable as income, even though contributions get a deduction.
Fix
Plan for the pension being taxed at your slab in retirement; the 80CCD benefit applies to contributions now.
Treating APY as your only retirement plan
Why it matters
The pension is fixed and not inflation-adjusted, so a ₹5,000 pension is worth far less decades from now — the calculator shows it as little as ₹650 a month in today's money for a young subscriber.
Fix
Use APY as a guaranteed base and check its real value here, then add NPS, PPF, or EPF for a larger, inflation-beating corpus.
Pro Tips
Get More From Your APY
Join young to pay the least
At 18 a ₹5,000 pension costs just ₹210 a month. Enrolling early locks in the lowest possible contribution.
Claim the 80CCD deduction
APY contributions qualify under Section 80CCD(1) and the extra ₹50,000 of 80CCD(1B) — the same benefit as NPS.
Upgrade the pension over time
You can raise your pension level once a year. Start small and step it up as your earnings improve.
Keep the auto-debit funded
APY relies on auto-debit. Keep enough balance around the due date to avoid penalties and account freezes.
Pair it with NPS
APY gives a guaranteed base pension; adding NPS layers a larger, market-linked corpus on top for a fuller retirement.
Who Uses This
Who Uses This APY Calculator
The APY Calculator works across every stage of the workflow.
Unorganised-sector workers
A self-employed worker or gig worker checks the small monthly amount needed for a guaranteed ₹5,000 pension.
Young first-time savers
Someone in their early 20s sees how little a pension costs when started young.
Families planning protection
A subscriber checks the corpus their nominee would receive, alongside the spouse pension.
APY vs NPS comparers
A saver weighs APY's guaranteed pension against NPS's market-linked, uncapped corpus.
Budget-conscious savers
Someone tries each pension level to find the contribution that fits their monthly budget.
Glossary
Key APY Terms
Every important term you'll encounter in this calculator and the broader topic.
- Atal Pension Yojana (APY)
- A government guaranteed-pension scheme for ages 18–40, paying ₹1,000–₹5,000 a month from age 60 for a fixed monthly contribution.
- Contribution Chart
- The official PFRDA table that sets the monthly contribution for each combination of entry age and pension level.
- Pension Level
- The guaranteed monthly pension you choose — ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 — which decides the contribution.
- Corpus to Nominee
- The guaranteed amount returned to the nominee after the death of both subscriber and spouse — ₹1.7 lakh to ₹8.5 lakh by pension level.
- Section 80CCD
- The income-tax section allowing deductions for APY/NPS contributions — 80CCD(1) within 80C and an extra ₹50,000 under 80CCD(1B).
- PFRDA
- The Pension Fund Regulatory and Development Authority, which administers APY and NPS and publishes the contribution chart.
- Real Pension Value
- The fixed APY pension expressed in today's money. Since it is not inflation-adjusted, a ₹5,000 pension buys far less decades from now.
Help & answers
Frequently asked questions
Everything you need to know about how the APY Calculator works.
01What is an APY calculator?
An APY calculator shows the exact monthly contribution for the Atal Pension Yojana based on your current age and the pension you want. It also shows the total you pay in, the years to contribute, and the corpus returned to your nominee.
02How is the APY contribution calculated?
It is not a formula — APY uses a fixed government chart. The monthly contribution is read from the PFRDA table by your entry age (18–40) and chosen pension (₹1,000–₹5,000). For example, joining at 25 for a ₹5,000 pension costs ₹376 a month.
03How much should I pay for a ₹5,000 pension in APY?
It depends on your age. At 18 you pay just ₹210 a month, at 25 it is ₹376, at 30 it is ₹577, and at 40 it is ₹1,454 — for the same ₹5,000 monthly pension. The earlier you join, the less you pay.
04What is the eligibility age for APY?
You can join Atal Pension Yojana between ages 18 and 40, and you contribute until you turn 60. So the contribution period ranges from 20 years (if you join at 40) to 42 years (if you join at 18).
05How much pension does APY give?
APY gives a guaranteed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 from age 60 for life. You choose the level when you join, and the contribution is set accordingly.
06What happens to APY money after death?
On the subscriber's death after 60, the spouse receives the same pension for life. After both pass away, the nominee gets the corpus — ₹1.7 lakh for a ₹1,000 pension up to ₹8.5 lakh for a ₹5,000 pension.
07Why does the APY contribution rise with age?
Because you have fewer years to build the pension corpus. A younger subscriber pays small amounts over a longer period, so each instalment is lower. Joining at 40 for a ₹5,000 pension costs almost 7 times what it costs at 18.
08Is the APY pension adjusted for inflation?
No — the pension is fixed for life. A ₹5,000 pension does not rise with prices, so its real value falls over time. For someone joining at 25, that ₹5,000 is worth about ₹650 a month in today's money at 60, at 6% inflation.
09What is the APY ₹5,000 pension really worth at 60?
Far less than ₹5,000 in today's terms. Because it is fixed, 30+ years of inflation shrink its buying power — roughly ₹430–₹1,560 in today's money depending on your age. The calculator shows this real value, so APY suits a base, not your whole plan.
10Does APY give any tax benefit?
Yes. Contributions to APY qualify for a deduction under Section 80CCD(1), within the overall 80C limit, and the additional ₹50,000 under 80CCD(1B) — the same benefit as NPS. The pension you receive later is taxable as income.
11Can I pay APY quarterly or half-yearly?
Yes. APY allows monthly, quarterly, or half-yearly contributions. The quarterly amount is about three times the monthly figure and the half-yearly about six times — the calculator shows the monthly base figure.
12APY vs NPS — which is better?
APY guarantees a fixed pension (₹1,000–₹5,000) with small, age-based contributions — ideal for modest, assured income. NPS is market-linked with no upper cap on the corpus or pension, suited to those who can invest more for a larger, variable outcome.
13Can I increase my APY pension later?
Yes. You can upgrade or downgrade your pension level once a year, and your contribution is adjusted (with any difference and interest settled). This lets you start small and raise the pension as your income grows.
14Is this APY calculator free and accurate?
Yes — it is free, needs no sign-up, and runs in your browser. It uses the official PFRDA contribution chart and corpus figures. Confirm the current chart with your bank or the APY portal before enrolling.
Keep exploring
Related tools
Category
India Business Operations
Subcategory
retirement savings
Availability
Region-specific
Price
Free forever
Topics
apy calculatoratal pension yojana calculatorapy contribution chartatal pension yojana contribution calculatorapy pension calculatorapy calculator 2025atal pension yojana chartapy monthly contributionhow to calculate apy contributionapy 5000 pensionapy scheme calculatorapy vs nps
Explore 500+ more tools
Calculators, simulators, and decision tools for every stage of business operations.