Atal Pension Yojana Calculator
Plan your retirement pension with APY contribution calculator.
APY / Annual Percentage Yield Formula
APY = (1 + r/n)^n − 1
r = Annual interest rate (assumed 8%)
n = Number of times interest is compounded per year
Example Calculation
For annual rate of 8%, compounded quarterly (n=4):
APY = (1 + 0.08/4)^4 − 1
APY = (1 + 0.02)^4 − 1
APY = (1.02)^4 − 1
APY = 1.0824 − 1
APY = 8.24%
This means for every ₹1,000 invested, you earn about ₹82.40 in interest over the year.
How Atal Pension Yojana Works
1. Choose a monthly pension amount (₹1,000 to ₹5,000)
2. Contribute monthly until age 60
3. Receive guaranteed pension for life after 60
4. On death, corpus goes to nominee
* Eligible: Indian citizens aged 18-40 with a bank account
Corpus Amount to Nominee
₹1,70,000
Monthly Pension
₹ 1,000
Annual Pension
₹ 12,000
Start Age
20 yrs
Pension from Age
60 yrs
* Government co-contributes 50% for eligible subscribers (up to ₹1,000/yr for 5 yrs)
Get Cready App
