APY Calculator Online 2026 — Atal Pension Yojana Calculator SBI & Post Office
Calculate your Atal Pension Yojana monthly contribution based on your age and chosen pension amount. Find guaranteed corpus, total investment, returns, and compare APY with NPS and EPF.
🎯 Guaranteed Pension: ₹1K–₹5K/month✅ Govt-Backed | PFRDA Managed📋 Official PFRDA Contribution Table🏠 SBI, Post Office & All Banks🎉 Spouse Pension + Nominee Corpus
APY Calculator Online Post Office
Your APY Contribution & Pension Plan
Select your desired pension amount and current age. Official PFRDA contribution table used — shows exact monthly contribution, total invested, and guaranteed corpus.
🎯 Choose Your Desired Monthly Pension at Age 60
📅 Your Current Age
28 yrs
18 yrs (Minimum)40 yrs (Maximum)
💸 Contribution Frequency
⚠ Eligibility: Indian citizens aged 18–40 with a savings account. Income tax payers (ITR filers) are NOT eligible to enroll in APY as per Oct 2022 amendment. APY is for the unorganised/informal sector workforce.
💸 Your Monthly APY Contribution
₹0
at age 28 for ₹3,000/month pension
🎯 Guaranteed Monthly Pension from Age 60
₹3,000/month
Guaranteed Corpus: ₹5,10,000 | Spouse gets same pension for life | Nominee gets corpus after both pass
Official PFRDA contribution amounts for all 5 pension slabs × ages 18–40. These are fixed by the government — same for SBI, Post Office, HDFC, ICICI, and all authorised institutions.
Age at Joining
Years to 60
₹1,000/mo Pension
₹2,000/mo Pension
₹3,000/mo Pension
₹4,000/mo Pension
₹5,000/mo Pension
18 yrs
42 yrs
₹42
₹84
₹126
₹168
₹210
20 yrs
40 yrs
₹50
₹100
₹150
₹198
₹248
22 yrs
38 yrs
₹59
₹117
₹177
₹234
₹292
24 yrs
36 yrs
₹70
₹139
₹208
₹277
₹346
25 yrs
35 yrs
₹76
₹151
₹226
₹301
₹376
26 yrs
34 yrs
₹82
₹164
₹246
₹327
₹409
28 yrs
32 yrs
₹97
₹194
₹292
₹388
₹485
30 yrs
30 yrs
₹116
₹231
₹347
₹462
₹577
32 yrs
28 yrs
₹138
₹276
₹414
₹551
₹689
34 yrs
26 yrs
₹165
₹330
₹495
₹654
₹824
35 yrs
25 yrs
₹181
₹362
₹543
₹722
₹902
36 yrs
24 yrs
₹198
₹396
₹594
₹792
₹990
38 yrs
22 yrs
₹240
₹478
₹717
₹957
₹1196
40 yrs
20 yrs
₹291
₹582
₹873
₹1164
₹1454
Contributions shown are monthly amounts. Quarterly contribution = monthly × 3; Half-yearly = monthly × 6. Contributions are auto-debited from your linked savings account on the specified date. If account has insufficient balance, a penalty of ₹1 per month for every ₹100 default applies. The guaranteed corpus: ₹1K pension → ₹1.7L | ₹2K → ₹3.4L | ₹3K → ₹5.1L | ₹4K → ₹6.8L | ₹5K → ₹8.5L. Government guarantees this corpus regardless of actual fund performance.
Complete details of all 5 pension slabs in APY. Corpus is guaranteed by government — paid to nominee after both subscriber and spouse pass away.
₹1,000/mo
Corpus: ₹1,70,000
Age 18: ₹42/mo
Age 25: ₹76/mo
Age 30: ₹116/mo
Age 35: ₹181/mo
Age 40: ₹291/mo
Annual: ₹1,044–₹3,492
₹2,000/mo
Corpus: ₹3,40,000
Age 18: ₹84/mo
Age 25: ₹151/mo
Age 30: ₹231/mo
Age 35: ₹362/mo
Age 40: ₹582/mo
Annual: ₹1,008–₹6,984
₹3,000/mo
Corpus: ₹5,10,000
Age 18: ₹126/mo
Age 25: ₹226/mo
Age 30: ₹347/mo
Age 35: ₹543/mo
Age 40: ₹873/mo
Annual: ₹1,512–₹10,476
₹4,000/mo
Corpus: ₹6,80,000
Age 18: ₹168/mo
Age 25: ₹301/mo
Age 30: ₹462/mo
Age 35: ₹722/mo
Age 40: ₹1,164/mo
Annual: ₹2,016–₹13,968
₹5,000/mo
Corpus: ₹8,50,000
Age 18: ₹210/mo
Age 25: ₹376/mo
Age 30: ₹577/mo
Age 35: ₹902/mo
Age 40: ₹1,454/mo
Annual: ₹2,520–₹17,448
Both subscriber and spouse receive the pension for their respective lifetimes. After both pass away, the guaranteed corpus is returned to the nominee. Example: ₹5,000 pension subscriber (joined age 25, contributes ₹376/month × 35 years = ₹1,57,920 total). At 60, corpus = ₹8,50,000. They receive ₹5,000/month for life — if they live to 80, they receive ₹12,00,000 total pension on ₹1,57,920 investment. The government guarantee makes this exceptionally valuable for the informal workforce.
⚖ APY vs NPS vs EPF — Which Pension Plan is Right for You?
APY, NPS, and EPF serve different segments. Here's how they compare on pension amount, eligibility, and flexibility.
Higher potential returns. Open to all (including ITR filers). 40% of corpus must buy annuity at 60. Flexible — choose equity/debt mix. Tier I and II accounts.
🏠
EPF (Employee PF)
8.25% p.a. (EEE)
Mandatory for organised sector employees (basic ≤₹15K). 8.25% guaranteed EEE. EPS gives up to ₹7,500/month pension. No pension choice — fixed by salary and service years.
📋
PPF
7.1% p.a. (EEE)
No pension — lumpsum at 15 years. Available to all. Flexible deposits. EEE tax-free. Not a pension product — better used as a tax-free savings vehicle alongside APY/NPS.
🎯 Pocket Wealth Verdict: APY is ideal for domestic workers, farmers, shop owners, gig workers, and anyone in the informal economy who does NOT file income tax returns — the guaranteed pension gives a predictable income floor at retirement. For salaried professionals who file ITR, NPS + EPF combination is more appropriate with higher pension potential. Ideally, spouse can enroll in APY while the salaried earner uses NPS — creating dual pension income streams in retirement.
💡 4 Smart APY Strategies
Maximise the value of your APY enrollment with these key decisions.
🌟
Join APY at 18 — ₹210/month for ₹5,000 Lifetime Pension
The mathematics of APY strongly rewards early enrollment. Joining at 18 for ₹5,000 pension requires just ₹210/month. Joining at 35 requires ₹902/month — 4.3× more for the same ₹5,000 guaranteed pension. Total investment: 18-year joiner pays ₹210 × 12 × 42 years = ₹1,05,840. 35-year joiner pays ₹902 × 12 × 25 years = ₹2,70,600. Same ₹5,000/month pension for life, same ₹8.5L nominee corpus — the early joiner pays ₹1,64,760 less for identical lifetime benefits. APY at 18 is one of the best financial decisions available to young Indians entering the workforce.
👥
Both Spouses Enroll — Double Your Retirement Pension Income
Each spouse can have a separate APY account. If both enroll at ₹5,000/month pension, the household receives ₹10,000/month from age 60 — a guaranteed ₹1.2 lakh/year pension income combined. At ₹376/month each (age 25 enrollment): total household contribution = ₹752/month = ₹9,024/year for ₹10,000/month guaranteed pension from age 60. Plus when one spouse dies, the other continues receiving their own pension AND inherits the deceased spouse's pension too — a temporary ₹10,000/month until the survivor passes, when ₹17,00,000 combined corpus goes to nominees.
📅
Upgrade to ₹5,000 Slab as Early as Possible
APY allows pension plan upgrade once per year in April. If you started with ₹1,000 or ₹2,000 pension and your income has grown, upgrade to ₹5,000 as early as possible. The contribution increase at younger ages is much smaller than at older ages. Upgrading from ₹2,000 to ₹5,000 at age 25: extra ₹225/month (₹376 − ₹151). Same upgrade at age 35: extra ₹540/month (₹902 − ₹362). The extra ₹3,000/month pension for life is worth far more than the marginal contribution increase at younger ages.
📋
Never Miss APY Contribution — Penalty + Account Closure Risk
APY contributions are auto-debited — keep sufficient balance in your linked savings account on the debit date. Missed payments attract ₹1/month penalty per ₹100 default. After 6 months of defaults: account frozen. After 12 months: deactivated. After 24 months: account closed — you only get back actual contributions + earned interest (NOT the guaranteed pension). Always maintain a buffer of 3 months' APY contribution in your linked account. Set up a separate savings account or sub-account specifically funded for APY debit to prevent accidental defaults due to other expenses.
❓ APY Calculator — Frequently Asked Questions
Most searched APY questions for 2026 — answered with exact figures.
APY (Atal Pension Yojana) is a government-guaranteed pension scheme launched in 2015 under the National Pension System (NPS) framework, managed by PFRDA.
What it offers: A guaranteed fixed monthly pension of ₹1,000 / ₹2,000 / ₹3,000 / ₹4,000 or ₹5,000 per month from age 60 — for life. Spouse receives the same pension after subscriber's death. Guaranteed corpus returned to nominee after both pass.
Eligibility criteria:
✅ Indian citizen (not NRI)
✅ Age 18 to 40 years
✅ Must have a savings bank account (with any bank or Post Office)
✅ Aadhaar-linked mobile number
❌ Income tax payers NOT eligible (amendment effective October 2022)
If you joined APY before October 2022 and later became an ITR filer, your existing account can continue — but new enrollment is blocked for ITR filers.
APY contributions are fixed amounts from the official PFRDA table — calculated so that contributions + compound interest accumulate the guaranteed corpus by age 60.
For ₹5,000/month pension (corpus ₹8,50,000):
• Age 18: ₹210/month for 42 years
• Age 20: ₹248/month for 40 years
• Age 25: ₹376/month for 35 years
• Age 30: ₹577/month for 30 years
• Age 35: ₹902/month for 25 years
• Age 40: ₹1,454/month for 20 years
The underlying assumption is approximately 8% return on investments in government securities. The government guarantees the corpus regardless of actual returns — if returns fall short, the government makes up the difference.
Use the calculator above — select your pension amount and move the age slider to instantly see your exact monthly contribution.
APY can be opened at any authorised bank or Post Office. The interest rate and pension guarantee are identical everywhere — choosing SBI vs Post Office is purely about convenience.
APY enrollment process: At Bank Branch (SBI/HDFC/ICICI/PNB etc.):
1. Fill APY subscriber registration form (available at branch)
2. Provide savings account number, Aadhaar, mobile number
3. Choose pension amount and contribution date
4. Auto-debit mandate activated
Online (SBI YONO / HDFC NetBanking / ICICI iMobile):
1. Login → Investments/Pension → APY
2. Enter Aadhaar, DOB, nominee details
3. Select pension slab and contribution date
4. Confirm auto-debit from savings account
At Post Office: Visit branch with savings passbook, Aadhaar, and filled form. Deposit slip given as acknowledgment. PRAN (Permanent Retirement Account Number) issued within 2–3 days.
Two options if subscriber dies before 60:
Option 1 — Spouse continues the account:
The spouse takes over the APY account in their name and continues contributing until they reach 60. They then receive the same guaranteed pension for their lifetime. After the spouse's death, the guaranteed corpus goes to the nominee.
Option 2 — Lumpsum withdrawal:
The entire accumulated corpus (contributions + actual interest earned) is returned to the spouse/nominee. Note: this may be less than the guaranteed corpus if the subscriber died early and contributions were small.
Best practice: Always register spouse as nominee AND check if spouse wants to continue the account — especially if early in the contribution period, where the corpus is small but the future guaranteed pension is valuable. The government guarantee of the corpus is only available if the account runs to maturity (age 60).
APY contributions qualify for tax deduction, but this is a nuanced point:
Section 80CCD(1): APY contributions are deductible within the ₹1.5 lakh 80C overall limit Section 80CCD(1B): An additional ₹50,000 deduction available for NPS/APY contributions over and above the 80C limit
BUT — there is a contradiction:
Income tax payers (ITR filers) are NOT eligible to enroll in APY as per October 2022 amendment. So if you're eligible for income tax deductions, you likely file ITR and therefore cannot be enrolled in APY in the first place.
Who benefits: People who enrolled in APY before October 2022 and subsequently became taxpayers can continue the account and claim the 80C deduction. Those still below the taxable income threshold can enroll and claim deductions if they file ITR for other reasons (like tax refund on TDS) without being technically "income tax payers" — this is a grey area that should be clarified with a CA.
How pension is paid: At age 60, the corpus is used to purchase an annuity from a government-approved life insurance company (LIC typically). The annuity pays the guaranteed monthly pension for life. The government guarantees the minimum corpus regardless of fund performance — if actual returns are lower than projected, the shortfall is funded by the government.
Pension flow: Subscriber receives pension → Subscriber dies → Spouse receives same pension → Spouse dies → Guaranteed corpus returned to nominee. Total pension received by both if they live 20 years post-60: ₹5,000 × 12 × 20 × 2 = ₹24,00,000 on ₹1,57,920 investment (joining at 25). Extraordinary value for the informal sector.
Upgrading pension: Yes — once per year during April, you can upgrade (or downgrade) to any pension slab. The monthly contribution adjusts based on your current age and new slab. Example: If you enrolled at ₹2,000/month pension at age 25 (₹151/month) and want to upgrade to ₹5,000 at age 30, your new contribution = ₹577/month.
Exit before 60: Regular voluntary exit is NOT allowed under normal circumstances. The account is locked until 60.
Exceptions for premature closure:
✅ Death of subscriber — corpus returned to spouse/nominee
✅ Terminal illness — premature closure allowed
✅ Change of citizenship (becomes NRI) — account must be closed
If you stop contributions:
• 6 months default → account frozen
• 12 months → account deactivated
• 24 months → account closed; only actual corpus (contributions + interest, not guaranteed amount) returned
Always maintain sufficient balance in linked account. Set auto-debit date to 5 days after salary credit.
🎯 APY Gives the Floor — Build Your Retirement Ceiling with NPS + Equity
APY's ₹5,000/month guaranteed pension is valuable but modest. For a comfortable retirement, combine APY (guaranteed floor) with NPS equity tier (market-linked growth) and ELSS SIP (long-term wealth). Vikash Royal will design a complete retirement plan — APY + NPS + mutual funds — tailored to your income, age, and retirement goals. SEBI-Registered. ARN: ARN-356458
