Guaranteed pension contribution planner.
₹5000/month pension for life
₹577.00/mo
Entry age 30 · contribute for 30 years until age 60
Monthly Contribution
₹577.00
Years Contributing
30
Until age 60
Total Paid In
₹2.08 L
APY is a PFRDA-managed pension scheme open to all Indian citizens aged 18-40. Subscribers choose a guaranteed monthly pension of ₹1,000–₹5,000 from age 60. The earlier you start, the lower the monthly contribution required.
On the subscriber's death, the spouse continues to receive the pension; on the spouse's death, the accumulated corpus is returned to the nominee.
APY is a government-backed pension scheme for unorganised-sector workers aged 18-40, guaranteeing a fixed monthly pension of ₹1,000/₹2,000/₹3,000/₹4,000/₹5,000 from age 60. Monthly contribution depends on entry age and chosen pension slab.
Entering at 18 you contribute just ₹210/month for ₹5,000 lifetime pension from age 60. Entering at 35 the contribution jumps to ₹902/month. Earlier entry is dramatically cheaper — the youngest joiners get the best deal.
Spouse continues to receive the same monthly pension. After the spouse's death the accumulated corpus is returned to the nominee. APY guarantees pension for both the subscriber and spouse — making it effectively a joint-life annuity.
Yes — APY contributions qualify for Section 80CCD(1) deduction up to 10% of income within the overall ₹1.5 lakh 80C cap. The additional ₹50,000 under 80CCD(1B) is also available, though NPS is typically used for that benefit.