Atal Pension Yojana Calculator - APY Calculator

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Atal Pension Yojana Calculator

The contribution made towards the Atal Pension Yojana Scheme depends on the amount of pension you want to receive after retirement and at what age you are subscribing to the scheme.  The Atal Pension Yojana Calculator is a financial tool, which can be used to calculate the returns.

Launched by the government of India, the main objective of the scheme is to provide a regular income to the individuals post their retirement i.e after 60 years of age. Under Atal Pension Yojana the subscribers can choose for a fixed monthly pension. The different options of fixed monthly pension available are Rs.1,000, Rs.2,000, Rs.4,000 & Rs.5,0000.

Calculation Tables of Atal Pension Scheme

Atal Pension Scheme Calculator for a donation for Rs. 1000:

If Atal Pension Yojana subscriber picks to receive a fixed pension on a monthly basis of Rs. 1000, then the sum that will be debited from the bank account of the subscriber will be between Rs. 42 and Rs. 291. After the demise of the subscriber and the spouse, the nominee comes in force to receive Rs. 1, 70, 000 according to the calculation plan of Atal Pension Yojana.

Joining Age (Years)

Contribution Period (Years)

Monthly Contribution (INR)

Fixed Monthly Pension to Subscriber/Spouse (INR)

Return of Corpus to the nominee (INR)

18

42

42.00

1,000

1.7 Lakh

20

40

50.00

1,000

1.7 Lakh

25

35

76.00

1,000

1.7 Lakh

30

30

116.00

1,000

1.7 Lakh

35

25

181.00

1,000

1.7 Lakh

40

20

291.00

1,000

1.7 Lakh

Atal Pension Scheme Calculator for a donation for Rs. 2000:

If Atal Pension Yojana subscriber picks to receive a fixed pension on a monthly basis of Rs. 2000, then the sum that will be debited from the bank account of the subscriber will be between Rs. 84 and Rs. 582. After the demise of the subscriber and the spouse, the nominee comes in force to receive Rs. 3, 40, 000 according to the calculation plan of Atal Pension Yojana.

Joining Age (Years)

Contribution Period (Years)

Monthly Contribution (INR)

Fixed Monthly Pension to Subscriber/Spouse (INR)

Return of Corpus to the nominee (INR)

18

42

84.00

2,000

3.4 Lakh

20

40

100.00

2,000

3.4 Lakh

25

35

151.00

2,000

3.4 Lakh

30

30

231.00

2,000

3.4 Lakh

35

25

362.00

2,000

3.4 Lakh

40

20

582.00

2,000

3.4 Lakh

Atal Pension Scheme Calculator for a donation for Rs. 3000:

If Atal Pension Yojana subscriber picks to receive a fixed pension on a monthly basis of Rs. 3000, then the sum that will be debited from the bank account of the subscriber will be between Rs. 126 and Rs. 873. After the demise of the subscriber and the spouse, the nominee comes in force to receive Rs. 5, 10, 000 according to the calculation plan of Atal Pension Yojana.

Joining Age (Years)

Contribution Period (Years)

Monthly Contribution (INR)

Fixed Monthly Pension to Subscriber/Spouse (INR)

Return of Corpus to the nominee (INR)

18

42

126.00

3,000

5.1 Lakh

20

40

150.00

3,000

5.1 Lakh

25

35

226.00

3,000

5.1 Lakh

30

30

347.00

3,000

5.1 Lakh

35

25

543.00

3,000

5.1 Lakh

40

20

873.00

3,000

5.1 Lakh

Atal Pension Scheme Calculator for a donation for Rs. 4000:

If Atal Pension Yojana subscriber picks to receive a fixed pension on a monthly basis of Rs. 4000, then the sum that will be debited from the bank account of the subscriber will be between Rs. 168 and Rs. 1164. After the demise of the subscriber and the spouse, the nominee comes in force to receive Rs. 6, 80, 000 according to the calculation plan of Atal Pension Yojana.

Joining Age (Years)

Contribution Period (Years)

Monthly Contribution (INR)

Fixed Monthly Pension to Subscriber/Spouse (INR)

Return of Corpus to the nominee (INR)

18

42

168.00

4,000

6.8 Lakh

20

40

198.00

4,000

6.8 Lakh

25

35

301.00

4,000

6.8 Lakh

30

30

462.00

4,000

6.8 Lakh

35

25

722.00

4,000

6.8 Lakh

40

20

1164.00

4,000

6.8 Lakh

Atal Pension Scheme Calculator for a donation for Rs. 5000:

If Atal Pension Yojana subscriber picks to receive a fixed pension on a monthly basis of Rs. 5000, then the sum that will be debited from the bank account of the subscriber will be between Rs. 210 and Rs. 1454. After the demise of the subscriber and the spouse, the nominee comes in force to receive Rs. 6, 80, 000 according to the calculation plan of Atal Pension Yojana.

Joining Age (Years)

Contribution Period (Years)

Monthly Contribution (INR)

Fixed Monthly Pension to Subscriber/Spouse (INR)

Return of Corpus to the nominee (INR)

18

42

210.00

5,000

8.5 Lakh

20

40

248.00

5,000

8.5 Lakh

25

35

376.00

5,000

8.5 Lakh

30

30

577.00

5,000

8.5 Lakh

35

25

902.00

5,000

8.5 Lakh

40

20

1454.00

5,000

8.5 Lakh


Atal Pension Yojana Interest Rate

The subscribers of Atal Pension Yojana have to abide by additional charges, overdue interest for non-payments, and delayed payments of the amount of monthly contribution, from time to time. Such charges will be imposed and applied as per the norms of the PERDA (Pension Fund Regulatory and Development Authority), with permission from the Indian Government.

Charges and Fees to maintain an account of Atal Pension Yojana:

Intermediary

 

Charges

Point of Presence

APY Subscriber Registration

Rs. 120-Rs. 150 depending on the number of subscribers

 

Recurring Charges per annum

Rs. 100/subscriber

Central Record-keeping Agencies

APY Account opening charges

Rs. 15/account

 

Account Maintenance Charges

Rs. 40/account/annum

Custodian

InvestmentMaintenance Fee (per annum)

0.0075% for electronics/0.05% for physical segment of AUM

Pension Fund Managers

Investment Maintenance Fee (per annum)

0.0102% of AUM

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