# Atal Pension Yojana Calculator : Calculation for Monthly Pension

## Introduction

Atal pension yojana comes with guaranteed monthly pension and thus can provide some financial security to the individuals.
As the maximum monthly pension plan is capped at Rs 5000 and, both spouses can contribute and set a monthly pension of Rs 10,000 for them.
One needs to keep contributing frequently till age 60 and, thereafter, a fixed amount of monthly pension will begin.
The contribution that is made towards the scheme will depend on the pension amount and the age at which one subscribes to the scheme.
The Atal Pension Yojana Calculator can be used to compute the nominee’s returns also.

### Atal Pension Yojana Calculator

First of all, set your pension amount. Now, based on your age, look at the below Atal Pension Yojana calculation and see how much contribution you need to make monthly/quarterly/half-yearly.
In APY scheme, there is a minimum guaranteed pension of Rs 1000/month or Rs 2000/Month or Rs 3000/month or Rs 4000/month or Rs 5000/month.

The APY calculation tables below indicate the monthly contribution amounts based on the entry age and the option of pension amount.
it’s depending on the number of years of contribution, your monthly premium will be determined. Hence, joining at an early age will result in your premium being much lower.

#### Calculation for Monthly Pension of Rs.1000/-

If you opt to receive a Rs 1,000/- pension per month, the amount that will be debited from your bank account will range from Rs 42 to Rs 264. In case of your death, your nominee will receive up to Rs 1.7 lakh from this scheme.

#### Calculation for Monthly Pension of Rs.2000/-

If you opt to receive a Rs 2,000/- pension per month, the amount that will be debited from your bank account will range from Rs 84 to Rs 528.
In case of your death, your nominee will receive up to Rs 3.4 lakh from this scheme.

#### Calculation for Monthly Pension of Rs.3000/-

If you opt to receive a Rs 3,000/- pension per month, the amount that will be debited from your bank account will range from Rs 126 to Rs 792.
In case of your death, your nominee will receive up to Rs 5.1 lakh from this scheme.

#### Calculation for Monthly Pension of Rs.4000/-

If you opt to receive a Rs 4,000/- pension per month, the amount that will be debited from your bank account will range from Rs 168 to Rs 1054.
In case of your death, your nominee will receive up to Rs 6.8 lakh from this scheme.

#### Calculation for Monthly Pension of Rs.5000/-

If you opt to receive a Rs 5,000/- pension per month, the amount that will be debited from your bank account will range from Rs 210 to Rs 1318.
In case of your death, your nominee will receive up to Rs 8.5 lakh from this scheme.