Atal Pension Yojana Calculator

Indian citizens aged 18-40 years with a savings account in a bank and Aadhaar linkage can enrol for APY. Existing NPS / EPF subscribers can also join. The only exclusion is income-taxpayers (those paying any slab of income tax are ineligible).

APY offers five pension slabs: ₹1,000 / ₹2,000 / ₹3,000 / ₹4,000 / ₹5,000 monthly pension from age 60. The contribution depends on the chosen slab and age of joining — earlier joining means smaller monthly premium for the same pension.

Yes — APY is a 100% Government-backed scheme managed by PFRDA through the NPS Lite architecture. Pension payments are credited to the subscriber's bank account from the corpus built through the contribution period and the Government's backing.

Yes — once a year, you can upgrade or downgrade the APY pension slab. The contribution amount adjusts automatically. Downgrading to a lower slab is allowed without penalty if the corpus supports the lower pension commitment.

APY is a simplified, fixed-contribution, defined-pension scheme aimed at unorganised-sector workers. NPS offers asset-mix flexibility and 60% lump-sum withdrawal. APY delivers fixed monthly pension only — no lump-sum.

Premature APY exit is allowed — corpus is refunded with actual returns, less maintenance charges. The maximum-corpus refund works only on maturity at 60 or in case of subscriber's death (nominee receives corpus).