| Year | Age | Invested This Year | Total Invested |
|---|
APY Calculator – Calculate Monthly Contribution for Guaranteed Pension
The PlanMyReturns APY Calculator helps you calculate how much you need to invest every month under the Atal Pension Yojana (APY) to receive a guaranteed lifetime pension after the age of 60.
This calculator is based on the official APY contribution charts and shows:
- Required monthly contribution
- Total investment till retirement
- Guaranteed monthly pension for life
- Corpus returned to nominee after death
- Year-wise investment schedule
It is designed for people looking for a safe, government-backed pension plan.
What Is Atal Pension Yojana (APY)?
Atal Pension Yojana (APY) is a Government of India pension scheme aimed at providing guaranteed monthly income after retirement, especially for individuals working in the unorganised sector.
When Was APY Launched?
APY was launched in 2015 by the Government of India.
Who Regulates APY?
The scheme is regulated by the Pension Fund Regulatory and Development Authority (PFRDA).
What Is the Main Objective of APY?
- Ensure fixed pension income after age 60
- Encourage long-term retirement savings
- Provide a low-risk pension option backed by the government
Why People Search for an APY Calculator
Most users want clear answers to questions like:
- How much should I invest monthly for ₹5,000 pension?
- Is APY better than NPS for guaranteed income?
- What happens to APY money after death?
- Is APY safe and guaranteed?
This calculator answers those questions clearly.
What This APY Calculator Shows
Using this calculator, you can instantly see:
- Required monthly contribution based on age and pension
- Total amount invested till age 60
- Guaranteed pension amount after retirement
- Corpus returned to nominee after death
- Complete year-wise contribution schedule
All calculations follow the official APY rules.
Eligibility Rules for Atal Pension Yojana
To invest in APY:
- Minimum entry age: 18 years
- Maximum entry age: 40 years
- Pension starts at: 60 years
- Pension options: ₹1,000 to ₹5,000 per month
This calculator automatically adjusts calculations based on your entry age.
Pension Amount Options Supported
You can choose one of the following guaranteed monthly pension amounts:
- ₹1,000 per month
- ₹2,000 per month
- ₹3,000 per month
- ₹4,000 per month
- ₹5,000 per month
The calculator instantly shows how your monthly contribution changes for each option.
How APY Contributions Are Calculated
APY does not use market returns.
Your monthly contribution is determined by:
- Your entry age
- Your chosen pension amount
The government has predefined contribution slabs, which this calculator uses internally.
You do not need to guess or assume any return rate.
How the PlanMyReturns APY Calculator Works
- Enter your current age
- Select your desired monthly pension
- Click Calculate
The calculator automatically shows:
- Monthly contribution
- Total investment till age 60
- Pension amount after retirement
- Nominee corpus benefit
You can also:
- Share your plan
- Download the schedule as CSV
- Share the result as an image
APY Example
Suppose a 30-year-old wants a pension of ₹5,000 per month.
- Monthly contribution: ~₹577
- Total investment till age 60: ~₹2.08 lakh
- Guaranteed pension: ₹5,000 per month for life
- Nominee corpus: ₹8.5 lakh
This calculator shows the exact numbers instantly.
What Happens to APY After Death?
Under APY rules:
- The subscriber receives monthly pension for life
- After the subscriber’s death:
- The spouse continues to receive pension
- After both subscriber and spouse:
- The nominee receives the full corpus amount
This calculator clearly shows the nominee corpus value.
APY vs NPS – Which Is Better?
| Feature | APY | NPS |
|---|---|---|
| Returns | Guaranteed | Market-linked |
| Risk | Very low | Medium |
| Pension certainty | Fixed | Depends on annuity |
| Liquidity | Locked till 60 | Limited |
| Ideal for | Low-risk pension | Long-term wealth + pension |
APY is suitable for those who want certainty over returns.
APY vs PPF
| Feature | APY | PPF |
|---|---|---|
| Pension | Yes | No |
| Returns | Fixed pension | Fixed interest |
| Risk | Very low | Very low |
| Purpose | Retirement income | Long-term savings |
Who Should Use the APY Calculator
- Individuals planning guaranteed pension income
- People comparing APY vs NPS
- Low-risk investors
- First-time retirement planners
- Users aged 18–40
Why PlanMyReturns APY Calculator Is Better
- Based on official APY contribution chart
- No assumed returns or guesswork
- Shows nominee benefits clearly
- Year-wise schedule included
- Shareable and downloadable results
- No login required