Atal Pension Yojana Calculator 2025
Calculate your monthly contribution and pension benefits under APY
About Atal Pension Yojana
Key Features
- Guaranteed pension from ₹1,000 to ₹5,000
- Government co-contribution for eligible subscribers
- Pension starts from age 60
- Spouse pension and return of corpus on death
Eligibility Criteria
- Age: 18-40 years at the time of joining
- Indian citizen with valid bank account
- Not a member of any statutory social security scheme
- Not an income tax payer
Required Documents
- Aadhaar Card
- Bank account details
- Mobile number
- Nominee details
Benefits
- Tax deduction under Section 80CCD
- Government co-contribution (if eligible)
- Guaranteed returns
- Spouse continuation facility
Frequently Asked Questions
What is Atal Pension Yojana?
Atal Pension Yojana (APY) is a government-backed pension scheme for the unorganized sector. It provides guaranteed pension ranging from ₹1,000 to ₹5,000 per month after age 60.
Who is eligible for APY?
Indian citizens aged 18-40 years with a bank account can join APY. The scheme is primarily targeted at the unorganized sector workers.
What happens if I miss a contribution?
Missing contributions will result in penalty charges. If contributions are not regularized within 6 months, the account may be closed.
Can I change my pension amount?
Yes, you can increase or decrease your pension amount once a year during April. However, you cannot reduce it below the existing level.