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Atal Pension Yojana Calculator

Calculate monthly contribution for guaranteed pension

Eligible age: 18-40 years

Key Features

  • • Guaranteed pension after age 60
  • • Government co-contribution (for eligible)
  • • Spouse gets same pension after death
  • • Nominee gets corpus after both deaths
  • • Auto-debit from bank account
Monthly Contribution Required
376
For 35 years
Monthly Contribution376
Years to Retirement35 years
Total Contribution1,57,920
Monthly Pension @ 605,000
Total Pension (20 yrs)12,00,000
Net Gain10,42,080
Note: Government provides co-contribution of 50% or ₹1,000 per year (whichever is lower) for eligible subscribers.

About This Calculator

The Atal Pension Yojana Calculator Calculator helps you estimate the future value of your investments and plan your financial goals effectively. Whether you're saving for retirement, children's education, or wealth creation, understanding potential returns is essential. Our calculator shows projected maturity amount, total investment, and returns based on your inputs. It accounts for compound interest and provides year-wise growth projections. Use this tool to compare different investment scenarios and make informed decisions. Start planning your financial future today with accurate calculations at your fingertips.

How It Works

Atal Pension Yojana Calculator works on the principle of compound interest, where your returns generate additional returns over time. The power of compounding significantly increases your wealth in the long term. Regular investments, even small amounts, can grow substantially over extended periods. Key factors affecting your returns include the investment amount, expected rate of return, investment frequency, and time horizon. Historical data shows that equity investments typically offer 12-15% returns, while debt instruments provide 7-9% returns over the long term. However, past performance doesn't guarantee future results. Our calculator helps you set realistic expectations and plan accordingly. It's important to start investing early to maximize the benefits of compounding. The calculator uses mathematical formulas to project future values based on your inputs.

Example Calculation

Scenario: Monthly investment of ₹10,000 at 12% for 15 years

  • • Monthly Investment: ₹10,000
  • • Expected Return: 12% per annum
  • • Investment Period: 15 years

Frequently Asked Questions

What is Atal Pension Yojana (APY)?

APY is a government pension scheme for unorganized sector workers. It guarantees minimum pension of ₹1,000 to ₹5,000 per month after age 60.

Who is eligible for APY?

Indian citizens aged 18-40 years with a savings bank account can join APY. Contribution period is till age 60.

What happens after death?

After subscriber's death, spouse receives the same pension. After both deaths, nominee receives the corpus amount.

Can I exit APY before 60?

Premature exit is allowed only in exceptional circumstances like terminal disease or death. Otherwise, withdrawal is only at age 60.