APY Calculator Online


The APY (Atal Pension Yojana) Calculator is a tool that allows you to determine the actual interest received on investment in the pension scheme. The APY Calculator may use to determine the pension amount you want to receive and the age at which you should apply for this scheme.

What is APY (Atal Pension Yojana)?

A National Pension Scheme (NPS) called the Atal Pension Yojana was unveiled in the Union Budget for 2015–2016. This pension's target audience is people who work in the unorganised sector. Those who work in the private sector without access to pension benefits are also eligible.

APY Calculator helps you in the following ways:

  • The outcome estimation is instant.
  • The suitable period of investment.
  • To understand if the pension scheme aligns with your financial goals.

How does the APY (Atal Pension Yojana) Calculator Work?

This APY calculator calculates APY based on interest and compound frequency. You can compare the number of offers with different compounding periods by using the choices in the second box.


Consider the following offers:

An annual interest rate of 1% compound. Thus APY = 1%.

The interest rate of 0.75% compounded quarterly, APY = 0.702%

APY = 0.501 per cent, an 0.5% interest rate compounded daily

Calculating APY tells that the first of the illustrative offers pays the highest.

The formula to calculate APY is

APY = (1 + r/n)n – 1


r: The interest rate.

n: The number of times the interest has compounded yearly.

How to use APY (Atal Pension Yojana) Calculator?

  • Age:The current age of the investor
  • Expected Pension Amount:Subscribers can choose the pension amount. Also, investors have five options; the pension amount ranges from INR 1,000 to INR 5,000.

What will Atal Pension Yojana (APY) Calculator show?

Upon entering the above inputs, the calculator gives the following outputs:

  • Monthly investment amount:One must invest every month to get the desired pension amount.
  • Years of contribution:The number of years the subscriber will contribute to the scheme.
  • Total donation:It is the total of all monthly investments made by the investor.

Benefits of using an Atal Pension Yojana Calculator

The following are the benefits of using the APY Calculator:

  • Simple to use: The calculator is a simple and also user-friendly tool. One must enter their age and desired monthly pension amount to estimate their monthly contribution.
  • Fast and accurate calculation:The calculator correctly estimates the monthly contribution within seconds
  • Investment planning:APY calculator will help investors plan their retirement and current finances. Furthermore, they will know how much they must set aside monthly from their current income. Moreover, they will also learn how much to expect by investing in this scheme post-retirement.


What is the Atal Pension Yojana calculator?

The APY Calculator is an online tool that allows you to determine the interest received on investment in the pension scheme. The Atal Pension Yojana Calculator may use to determine the pension amount you want to receive and the age at which you should apply for this.

How can the Atal Pension Yojana calculator help you?

  • Determine the suitable period of investment (age).
  • Determine the outcome of investment (Interest Earned)
  • Align your financial goals & investment schemes.
  • Calculate the monthly contribution amount as per the above.

What are the limitations of APY?

1,000 to a maximum of Rs. 5,000/month. The eligible Atal Pension Yojana (APY) age limit is 18 and 40 years. One can start receiving the pension at the age of 60 years.

I am a member of the National Pension Scheme (NPS). Can I open an APY account?

It would help if you were not a member of NPS or any similar Social Security Schemes to open an APY account. You should not be paying income tax to enjoy benefits provided by APY.