New Delhi – If you’re planning for a financially secure retirement, the Atal Pension Yojana (APY) is one of the most reliable and government-backed pension schemes available today. Launched by the Central Government, this scheme guarantees a fixed monthly pension of up to ₹5,000 per person — and by investing smartly as a couple, husband and wife can together receive ₹10,000 per month after the age of 60.
Let’s break down how it works, how much you need to invest, and how to apply.
What is the Atal Pension Yojana?
The Atal Pension Yojana (APY) is a government pension scheme aimed at unorganized sector workers and middle-income citizens. It ensures a guaranteed monthly pension starting from ₹1,000 up to ₹5,000 depending on your contribution. The pension is payable after the subscriber turns 60 years old.
Key highlights:
Minimum entry age: 18 years
Maximum entry age: 40 years
Pension begins: After the age of 60
Contributions stop: Once the subscriber turns 60
Govt guarantee: Pension is backed by the Government of India
How to Get ₹10,000 Monthly Pension as a Couple
While the maximum pension under APY is ₹5,000 per person, both husband and wife can open separate APY accounts and subscribe individually. That way, the couple can receive a combined pension of ₹10,000 per month after turning 60.
Here’s how much you or your spouse need to invest individually every month to get ₹5,000 pension:
| Age at Entry | Monthly Contribution (for ₹5,000 Pension) |
|---|---|
| 18 Years | ₹210 |
| 25 Years | ₹376 |
| 30 Years | ₹577 |
| 35 Years | ₹902 |
| 39 Years | ₹1,318 |
Note: These rates are fixed and remain constant throughout the investment period.
How to Apply for Atal Pension Yojana
Enrolling in APY is simple and can be done at any participating bank branch:
Visit your nearest bank branch (where you hold a savings account).
Fill out the APY application form and complete your e-KYC.
Choose your desired pension slab — ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000.
Submit your form and receive a confirmation receipt from the bank.
Your monthly premium will be automatically deducted from your bank account.
Why Choose Atal Pension Yojana?
Guaranteed return by the Government of India
Tax benefits under Section 80CCD of the Income Tax Act
Ideal for workers in private or informal sectors
Secure retirement income for both husband and wife
Auto-debit facility means no missed contributions
Bottom Line: Small Monthly Savings, Big Retirement Benefits
By contributing as little as ₹210–₹1,318 per month (depending on your age), you and your spouse can secure a combined pension of ₹10,000 every month after retirement — without depending on anyone.
Whether you are 25 or 39, starting today ensures financial independence in old age. Visit your bank, enroll in APY, and take your first step toward a tension-free retirement.
Author Profile
- My name is Kuldeep Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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