An individual will get an option to select the monthly pension amount from Rs 1000, Rs 2000, Rs 4000, or Rs 5000 at the time of joining. His contribution will depend on his age at the time of starting the scheme, frequency of contribution, and how much return he wants post-retirement.

For example, a subscriber opening an Atal Pension Yojana account at the age of 18 and opting for a Rs 5,000 pension per month, will have to contribute Rs 210 monthly for 42 years.

Similarly, for a 24-year-old subscriber opting for a Rs 5,000 monthly pension after retirement, the monthly contribution needs to be Rs 346 for the next 36 years.