Atal Pension Yojana (APY) is a Government run pension scheme open to all citizens of India mainly focusing on the unorganised sector. APY is administered by the Pension Fund Regulatory and Development Authority (PFRDA) under the National Pension System (NPS). Under this small savings scheme, a minimum monthly pension between Rs 1,000 to Rs 5,000 is guaranteed for the beneficiaries. In this small saving scheme. An investor can start investing from the age of 18 and can expect to get pension after attaining 60 years of age. The earlier, the investment begins, lesser will be the monthly premium and greater will be the gain, suggests APY chart.

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Speaking on the APY scheme, Manikaran Singhal, a SEBI registered tax and investment expert said, "In Atal Pension Yojana, an investor can open APY account at the age of 18 to 40 years and can continue investing in the APY account till the age of 60 years. After 60 years, the investor becomes eligible for the monthly pension that varies from Rs 1,000 to Rs 5,000. The monthly pension that an investor wants has to be fixed at the time of APY account opening and on the basis of monthly fixed pension, the monthly APY premium is fixed."

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Elaborating upon the APY Chart, Jitendra Solanki, a SEBI registered tax and investment expert said, "If an investor opens APY account at the age of 18, his or her monthly premium for APY pension for Rs 1,000 will be Rs 42, APY premium for Rs 2,000 monthly pension will be Rs 84, APY premium for Rs 3,000 monthly pension will be Rs 126, APY monthly premium for Rs 4,000 monthly pension is Rs 168 while for Rs 5,000 pension the monthly premium will be Rs 210."

APY Chart for monthly premium

Solanki went on to add that for a 40 year old APY account holder, APY chart suggests that APY premium for Rs 1,000 monthly APY pension is Rs 291. This premium will get doubled for Rs 2,000 monthly pension while for Rs 3,000, Rs 4,000 and Rs 5,000 monthly pension, this monthly premium of Rs 291 for Rs 1,000 pension becomes three times, four times and five times of Rs 291.

Therefore, if an 18 year old person starts investing in Atal Pension Yojana, then the APY chart suggests that he or she will get Rs 60,000 annual pension on his or her monthly investment of Rs 210 or daily investment of Rs 7.