APY Calculator 2026 Monthly Return, Interest Rate, Maturity Amount
Work out your exact Atal Pension Yojana contribution and the pension you’ll receive after 60. This APY monthly return calculator uses the official PFRDA chart to show your monthly payment, the total you invest, and the maturity corpus guaranteed to your nominee.
Growth over time
The gap between the two lines is the interest earned – and it widens every year.
Year-wise APY growth
| Age | Contributed in year | Total contributed | Interest earned | Corpus value |
|---|
The monthly, quarterly and half-yearly contributions come straight from the official PFRDA Atal Pension Yojana chart. The pension and the corpus returned to your nominee are guaranteed by the Government of India; the year-wise corpus growth is a projection at an assumed 8% return purely to illustrate how your money builds toward the guaranteed maturity amount. Your actual pension and nominee corpus are fixed by the scheme regardless of market returns.
Atal Pension Yojana calculator – know your contribution and pension
The Atal Pension Yojana (APY) is a government-backed pension scheme for Indians in the unorganised sector, giving you a guaranteed monthly pension of ₹1,000 to ₹5,000 after the age of 60. This Atal Pension Yojana calculator uses the official PFRDA contribution chart, so the figure it shows is the exact amount you will actually pay – not an estimate.
Pick your age, the pension you want, and how often you’d like to pay. The calculator instantly returns your contribution, the total you invest until 60, and the corpus your nominee receives.
How this APY monthly return calculator works
As an APY monthly return calculator, the tool looks up your entry age and chosen pension in the official chart. The earlier you join, the lower your contribution, because your money has more years to grow. For a ₹5,000 pension, a person joining at 18 pays just ₹210 a month, while someone joining at 39 pays ₹1,318 a month for the same pension. The calculator also converts this into quarterly and half-yearly amounts if you prefer to pay less often.
Atal Pension Yojana interest rate, bank-wise
A common question is about the Atal Pension Yojana interest rate bank wise. In practice, APY does not have a bank-specific interest rate. It is a single central scheme run by PFRDA, so the contribution and pension are identical whether you open your account through SBI, HDFC, ICICI, Axis, a post office or any other authorised bank. The underlying investment has historically targeted a return of around 8%, but your pension and the corpus to your nominee are guaranteed by the Government of India, and the centre funds any shortfall. So the bank you choose changes nothing about your contribution or payout – only the convenience of where you manage the account.
Atal Pension Yojana maturity amount
The Atal Pension Yojana maturity amount is the corpus returned to your nominee after both you and your spouse pass away. It is fixed by your chosen pension tier: ₹1.7 lakh for a ₹1,000 pension, ₹3.4 lakh for ₹2,000, ₹5.1 lakh for ₹3,000, ₹6.8 lakh for ₹4,000, and ₹8.5 lakh for a ₹5,000 pension. During your life, you and then your spouse receive the guaranteed monthly pension; the maturity corpus is what passes to the nominee.
APY contribution & corpus at a glance
| Monthly pension | Contribution at age 18 | Contribution at age 39 | Corpus to nominee |
|---|---|---|---|
| ₹1,000 | ₹42 | ₹264 | ₹1.7 lakh |
| ₹2,000 | ₹84 | ₹528 | ₹3.4 lakh |
| ₹3,000 | ₹126 | ₹792 | ₹5.1 lakh |
| ₹4,000 | ₹168 | ₹1,054 | ₹6.8 lakh |
| ₹5,000 | ₹210 | ₹1,318 | ₹8.5 lakh |
Figures are from the official PFRDA APY contribution chart. Eligibility is 18 to 40 years; since October 2022 income-tax payers cannot join. The scheme has been extended to FY 2030-31.
Frequently asked questions
What is an Atal Pension Yojana calculator?
An Atal Pension Yojana calculator is a free tool that tells you the exact monthly, quarterly or half-yearly contribution needed for your chosen pension of ₹1,000 to ₹5,000, based on your entry age. It uses the official PFRDA chart, so the number matches what your bank will actually deduct.
How much should I pay per month in APY?
It depends on your age and target pension. For a ₹5,000 monthly pension, you pay ₹210 a month if you join at 18, rising to ₹1,318 a month if you join at 39. Enter your age above and the APY monthly return calculator shows your exact figure.
Is the Atal Pension Yojana interest rate different bank-wise?
No. APY has no bank-wise interest rate. It is one central scheme run by PFRDA, so your contribution and pension are the same at SBI, HDFC, ICICI, Axis, the post office or any authorised bank. The government guarantees the pension and the corpus regardless of market returns.
What is the Atal Pension Yojana maturity amount?
The maturity amount is the corpus returned to your nominee: ₹1.7 lakh, ₹3.4 lakh, ₹5.1 lakh, ₹6.8 lakh or ₹8.5 lakh for the ₹1,000 to ₹5,000 pension tiers respectively. You and your spouse receive the monthly pension for life; the nominee receives this corpus afterwards.
Who is eligible for the Atal Pension Yojana?
Any Indian citizen aged 18 to 40 with a savings bank or post office account can join. Since October 2022, people who are income-tax payers are not eligible. Contributions qualify for tax benefits under Section 80CCD.
Can I increase my pension later?
Yes. Subscribers can upgrade or downgrade their pension tier once a year during the accumulation phase. Your contribution is then adjusted to the chart amount for the new pension level and your remaining vesting period.