APY contribution for target pension. The Atal Pension Yojana Calculator takes age at joining (18 to 40), guaranteed monthly pension from age 60 and returns monthly contribution plus total contributed until 60, corpus returned to the nominee, years of contribution. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Government-backed schemes publish their interest rates quarterly and market-linked funds do not guarantee returns. Enter the current rate for the scheme and treat market-return assumptions as scenarios rather than promises. Use the worked example below to check the maths against your own figures.
How the Atal Pension Yojana Calculator works
APY guarantees a pension of ₹1,000 to ₹5,000 a month from age 60; the younger you join the smaller the contribution. The official chart is reproduced closely by this formula (₹42 a month at 18 and about ₹1,454 at 40 for ₹5,000).
Worked example
With the example values (age at joining (18 to 40) of 25, guaranteed monthly pension from age 60 "₹3,000"), the monthly contribution is ₹220.86; total contributed until 60 ₹92,760.40, corpus returned to the nominee ₹510,000.00, years of contribution 35. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
Assumptions and limits: Approximation of the government contribution chart; the official chart values apply.
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Frequently Asked Questions
How is monthly contribution calculated?
contribution ≈ target corpus (₹1.7 lakh per ₹1,000 of pension) ÷ SIP factor at 8% over the years to 60.
Which figures do I need?
Age at joining (18 to 40), guaranteed monthly pension from age 60. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Is the interest rate fixed?
Small-savings rates are reviewed by the government every quarter and bank rates change with policy; market-linked schemes have no fixed rate at all. Enter the current rate for your scheme and revisit the result when rates change.
What assumptions does this calculator make?
Approximation of the government contribution chart; the official chart values apply.
