What happens to APY corpus on death?

On the subscriber's death, the spouse continues to receive the pension. On the spouse's death, the indicative corpus is returned to the nominee.

APY Calculator

APY guarantees a fixed monthly pension of ₹1,000 to ₹5,000 from age 60. Choose the pension slab and current age to see the contribution.

Current age (18–40)(years)25

Desired monthly pension(₹)5,000

Approx. monthly contribution

₹442

Annual outflow

₹5,301

Guaranteed monthly pension at 60

₹5,000

APY contributions are auto-debited from your bank account. Government co-contribution may apply for eligible subscribers.

// about this calculator

Atal Pension Yojana (APY) is a Government-backed pension scheme for the unorganised sector. Subscribers aged 18–40 with a bank account can opt for a guaranteed monthly pension of ₹1,000 / ₹2,000 / ₹3,000 / ₹4,000 / ₹5,000 starting at age 60. The contribution depends on the entry age and pension slab.

// frequently asked questions

Any Indian citizen aged 18 to 40 with a savings account and not an income tax payer (income tax payers were barred from joining APY from 1 October 2022).