Atal Pension Yojana — Smart Financial Analysis
Calculate your APY contributions, corpus at 60, tax savings, and compare with NPS, PPF, EPF. India's guaranteed pension for the unorganized sector — 5.6 crore+ subscribers.
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APY is available to all Indian citizens aged 18-40 with a savings bank account. APY offers 5 fixed pension tiers: ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 per month for life after age 60. Monthly contribution varies by entry age and pension tier. APY offers guaranteed pension (₹1K–₹5K) with zero market risk.
Ready to run the numbers?
Why: APY is available to all Indian citizens aged 18-40 with a savings bank account. You must be in the unorganized sector or not covered by any statutory social security scheme. The...
How: Enter Current Age (18–40), Desired Monthly Pension, Tax Bracket (%) to get instant results. Try the preset examples to see how different scenarios affect the outcome, then adjust to match your situation.
Run the calculator when you are ready.
💼 Sample Scenarios — Click to Load
Your Details
Monthly Contribution by Age
Pension Amount Comparison
Total Contribution vs Pension Received
Pension Tiers (Age 25)
Corpus Breakdown
For educational purposes only — not financial advice. Consult a qualified advisor before making decisions.
💡 Money Facts
Atal Pension Yojana analysis is used by millions of people worldwide to make better financial decisions.
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— NBER Research
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Globally, only 33% of adults are financially literate, making tools like this essential.
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🇮🇳 Atal Pension Yojana (APY)
Atal Pension Yojana (APY) is India's flagship pension scheme guaranteeing ₹1,000-₹5,000/mo pension after age 60. Launched in 2015, it has 5.6 crore+ subscribers. The earlier you join, the less you pay: ₹42/mo at 18 vs ₹291/mo at 40 for the same ₹1,000/mo pension. Government co-contributes 50% of your contribution for first 5 years (for eligible non-taxpayers). After death, spouse receives the same pension for life. After both deaths, nominee gets the accumulated corpus (₹1.7-8.5 lakh). It's available to all Indian citizens aged 18-40 with a savings bank account.
Sources: PFRDA (Pension Fund Regulatory and Development Authority), Ministry of Finance India, NPCI, RBI
📋 APY Eligibility Criteria
APY is available to all Indian citizens aged 18-40 with a savings bank account. No income limit. Aadhaar and mobile number are mandatory for enrollment.
- Age: 18 to 40 years
- Indian citizen with savings bank account
- Unorganized sector or not covered by statutory social security
💰 APY Pension Amounts
📊 APY Contribution Chart
Younger = cheaper. ₹42/mo at age 18 for ₹1,000 pension vs ₹291/mo at age 40.
| Age | ₹1,000/mo | ₹2,000/mo | ₹3,000/mo | ₹4,000/mo | ₹5,000/mo |
|---|---|---|---|---|---|
| 18 | ₹42 | ₹84 | ₹126 | ₹168 | ₹210 |
| 22 | ₹59 | ₹117 | ₹176 | ₹234 | ₹292 |
| 26 | ₹82 | ₹164 | ₹246 | ₹328 | ₹410 |
| 30 | ₹116 | ₹231 | ₹347 | ₹462 | ₹577 |
| 35 | ₹181 | ₹362 | ₹543 | ₹724 | ₹905 |
| 40 | ₹291 | ₹582 | ₹873 | ₹1,164 | ₹1,454 |
⚖️ APY vs NPS
| Feature | APY | NPS |
|---|---|---|
| Pension | ₹1K–₹5K guaranteed | Annuity-based |
| Risk | Zero | Market-linked |
| Entry age | 18–40 | 18–70 |
| Tax (80CCD) | Yes | Yes + ₹50K extra |
🏛️ Government Co-Contribution
For eligible subscribers (joined 2015–2016), the government contributed 50% of your contribution for 5 years, up to ₹1,000/year. This boosted your corpus significantly.
📄 APY Tax Benefits
APY contributions qualify for deduction under Section 80CCD(1) within the ₹1.5 lakh limit (80CCE). NPS offers an additional ₹50,000 under 80CCD(1B).
- 80CCD(1): Within ₹1.5 lakh (80CCE)
- 80CCD(1B): ₹50,000 extra for NPS only
👨👩👧 Family Protection
- • Spouse pension: Same amount for life after subscriber's death
- • Nominee corpus: Accumulated amount to nominee after both pass away (₹1.7L–₹8.5L)
🎯 Key Takeaways
- • Join early — age 18 contribution for ₹1,000 pension is only ₹42/month
- • 5 pension tiers: ₹1,000, ₹2,000, ₹3,000, ₹4,000, ₹5,000
- • Guaranteed returns, zero market risk
- • Tax deduction under 80CCD(1)
- • Spouse gets pension; nominee gets corpus
📖 How to Use & Sources
- Enter your current age (18–40)
- Select desired monthly pension (₹1,000–₹5,000)
- Set tax bracket for savings estimate
- Check "Govt Co-Contribution" if you joined in 2015–16
- Review results and charts
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