Atal Pension Yojana (APY) ₹5000 Pension – Complete Guide

Atal Pension Yojana (APY) is a Government of India backed pension scheme launched in 2015. It aims to provide a guaranteed monthly pension between ₹1,000 and ₹5,000 to workers in the unorganized sector and anyone aged between 18 to 40 years. The most popular option is the ₹5,000 monthly pension plan, which starts after the age of 60.

Atal Pension Yojana (APY) ₹5000 Pension Plan – Complete Guide

1. What is Atal Pension Yojana (APY)?

APY is a pension scheme introduced by the Government of India. Under this, subscribers can choose a pension amount of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000 per month. The pension begins after the subscriber turns 60 years old and continues for their lifetime.

2. Eligibility Criteria

Minimum age: 18 years
Maximum age: 40 years
Subscriber must have a bank account
Should have an Aadhaar card and mobile number

3. Contribution Chart for ₹5,000 Pension

The monthly contribution depends on the age at which you join APY. Below is the contribution chart for ₹5,000 pension:

Age of Joining	Monthly Contribution	Contribution Period	Pension after 60
18 Years	₹210	42 Years	₹5,000/month
20 Years	₹291	40 Years	₹5,000/month
25 Years	₹376	35 Years	₹5,000/month
30 Years	₹577	30 Years	₹5,000/month
35 Years	₹902	25 Years	₹5,000/month
40 Years	₹1,454	20 Years	₹5,000/month

4. Key Benefits of APY

Guaranteed monthly pension for life after 60 years.
In case of subscriber’s death, spouse continues pension.
After both subscriber and spouse, the nominee receives pension corpus (approx. ₹8.5 lakh).
Safe and government-backed scheme with no risk.

5. How to Join APY?

Joining APY is simple:

Visit your nearest bank branch or post office.
Fill out the APY registration form.
Provide Aadhaar, bank account details, and mobile number.
The contribution will be auto-debited from your bank account every month.

Full Contribution Chart for ₹5,000 Pension

Age (Years)	₹1,000 Pension	₹2,000 Pension	₹3,000 Pension	₹4,000 Pension	₹5,000 Pension
18	42	84	126	168	210
19	50	100	150	200	246
20	58	116	174	232	276
21	64	132	198	264	310
22	70	151	226	302	346
23	76	170	254	340	376
24	82	190	282	378	409
25	90	211	316	421	446
26	97	234	350	465	485
27	106	259	388	518	528
28	116	288	431	577	577
29	126	318	476	637	626
30	138	351	525	701	689
31	151	387	577	770	752
32	164	426	634	844	824
33	179	468	696	923	902
34	196	513	762	1008	993
35	214	561	834	1101	1087
36	234	612	912	1203	1196
37	255	669	996	1315	1314
38	279	730	1087	1436	1454
39	305	796	1187	1568	1607
40	362	902	1318	1724	1782

6. Frequently Asked Questions (FAQ)

Q1: Can I join APY after 40 years of age?
No, the maximum entry age is 40 years.

Q2: Is the pension amount fixed?
Yes, the pension is fixed between ₹1,000 to ₹5,000 depending on your chosen plan.

Q3: What happens if I stop paying contributions?
If you stop paying, your account will be frozen and later closed. It is important to maintain contributions.

Q4: Is APY better than NPS?
APY gives guaranteed pension, while NPS depends on market returns. For small savers, APY is safer.

Q5: Can I exit APY before 60?
Premature exit is allowed only in special cases like death or critical illness.

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