Understanding the Atal Pension Yojana (APY) contribution chart is essential for planning your retirement. The amount you contribute monthly determines the pension benefits you will receive after the age of 60. This guide provides a breakdown of contribution amounts based on age and desired pension amount.
Atal Pension Yojna Contribution Chart: How Much Should You Pay?
The monthly contribution depends on your age at enrollment and the pension amount you choose:
Age at Enrollment
₹1,000 Pension
₹2,000 Pension
₹3,000 Pension
₹4,000 Pension
₹5,000 Pension
18 years
₹42
₹84
₹126
₹168
₹210
25 years
₹76
₹151
₹226
₹301
₹376
30 years
₹116
₹231
₹347
₹462
₹577
35 years
₹181
₹362
₹543
₹724
₹902
40 years
₹291
₹582
₹873
₹1,164
₹1,454
How to Choose the Right Contribution Amount?
Start early to keep contributions lower and build a larger pension fund.
Select a pension amount that meets your retirement needs.
Ensure you have sufficient bank balance for automatic deductions.
Government Co-Contribution
Eligible subscribers receive government co-contributions for up to 5 years.
Co-contribution applies only to those not covered under statutory pension schemes.
Important Considerations
Contributions stop at 60 years, and the pension begins.
Auto-debit ensures timely payments and avoids penalties.
You can increase or decrease your contribution amount once per year.
Conclusion
Understanding the APY contribution chart helps you make informed decisions about your retirement savings. Choosing the right pension amount and starting early can maximize your financial security in old age.
Ready to Start? Visit your bank or enroll online to begin contributing to APY today!
