حاسبة APY

⚠️ Not financial advice. Results are illustrative only and should not be used as the basis for any investment, tax, or financial decision. Consult a qualified financial adviser or chartered accountant before acting on any figure shown.

What is an APY calculator?

An APY calculator looks up the exact monthly contribution required for the Atal Pension Yojana based on your entry age (18–40) and target monthly pension (₹1,000 / ₹2,000 / ₹3,000 / ₹4,000 / ₹5,000). The contribution amounts shown are the official PFRDA values, not estimates.

The earlier you start, the cheaper it gets

To target a ₹5,000 monthly pension: at age 18 you contribute ₹210/month, at 30 you need ₹577, at 40 you need ₹1,454. The earlier you join, the lower the contribution because you have more years to compound. The window closes at 40 — joining at 41 is impossible.

Government co-contribution (subscribers before 2016)

The government once co-contributed 50% (max ₹1,000/year) for 5 years to early subscribers. This benefit ended for new joiners after 2015–16. Income-tax payers were excluded from October 2022 onwards. Check your PRAN portal for current contribution status and tax-payer flag.

Who APY is designed for

APY targets workers in India's unorganized sector — domestic workers, daily wage laborers, small farmers, auto drivers, and street vendors — who have no employer-sponsored provident fund. With over 6 crore subscribers as of 2024, it is one of the most widely adopted pension schemes for this segment. A domestic worker or construction laborer contributing ₹210/month from age 18 is guaranteed ₹5,000/month for life from age 60, with the same amount passing to the spouse on death and the corpus returned to the nominee after both pass — making it a meaningful safety net for families without formal employment benefits.

APY vs NPS Lite — key differences

NPS Lite (Swavalamban Scheme) was the predecessor to APY for the unorganized sector. APY replaced it in 2015 with a crucial improvement: a guaranteed pension amount rather than a market-linked corpus. NPS gives potentially higher returns but no guarantee — your pension depends on annuity rates at age 60. APY guarantees the exact pension amount regardless of market performance, making it far more predictable for workers with no other retirement safety net. For workers who value certainty over potential upside, APY is clearly the better choice.

How to enroll in APY

APY accounts are opened through any commercial bank, regional rural bank, or cooperative bank where you have a savings account — no separate branch visit required. Several major banks (SBI, HDFC, Axis) offer instant APY enrollment via their mobile banking apps. You need your Aadhaar number linked to the bank account for enrollment. The monthly auto-debit is set up automatically from your linked savings account on a date of your choice. Monthly contributions are tax-deductible under Section 80CCD(1) as part of the overall ₹1.5 lakh 80C limit.

الأسئلة الشائعة

What is Atal Pension Yojana (APY)?

APY is a government-backed pension scheme launched in 2015 for unorganized sector workers. Citizens aged 18–40 can choose a guaranteed monthly pension of ₹1,000–₹5,000 starting at age 60. The contribution amount depends on your entry age and target pension level.

Who can join APY?

Any Indian citizen aged 18–40 with a savings bank account and Aadhaar. From October 2022, income-tax payers cannot newly enroll — APY is now restricted to those outside the tax bracket. Existing subscribers (enrolled before Oct 2022) continue regardless of tax status.

How is APY contribution calculated?

Contribution is a fixed amount based on your entry age and target pension, set by PFRDA. Younger entrants pay less. For example, a 25-year-old targeting ₹3,000 pension contributes ₹226/month; a 35-year-old needs ₹543/month for the same pension.

What if I die before 60?

If you die before 60, the spouse can continue contributing, or the corpus is paid out to the spouse/nominee. Post 60, the subscriber receives lifetime monthly pension. After subscriber's death, spouse continues receiving the same pension. After both, the corpus is paid to the nominee.

APY vs NPS — which is better?

APY: guaranteed pension, fixed contribution, suits unorganized sector. NPS: market-linked returns (typically higher), flexible contribution, suits salaried investors. NPS gives extra tax break of ₹50k under 80CCD(1B). Choose APY if you want certainty; NPS for higher long-term returns.