Question 1

What is the Atal Pension Yojana?

Accepted Answer

APY is a government-backed pension scheme for Indian citizens aged 18 to 40. You contribute a small fixed amount each month and receive a guaranteed pension of Rs 1,000 to Rs 5,000 per month from age 60.

Question 2

How is the APY contribution decided?

Accepted Answer

The monthly contribution is fixed by the official APY chart, based on your entry age and chosen pension. The earlier you join, the lower your contribution, because it compounds over more years.

Question 3

Is the APY pension guaranteed?

Accepted Answer

Yes. The Government of India guarantees the chosen pension amount. If the actual returns fall short, the government makes up the difference. The pension continues to your spouse after you.

Question 4

What happens to the money after death?

Accepted Answer

After the death of both the subscriber and spouse, the accumulated pension corpus, ranging from Rs 1.7 lakh for a Rs 1,000 pension to Rs 8.5 lakh for a Rs 5,000 pension, is returned to the nominee.

Atal Pension Yojana Calculator

Frequently Asked Questions

Explore more calculators