Atal Pension Yojana

Atal Pension Yojana (APY) is a pension scheme in which subscribers contribute for a minimum period of 20 years or more, with the pension amount depending on their contributions and age of joining. The benefit of a fixed minimum pension is guaranteed by the Government.

• Guaranteed monthly pension of ₹1,000/2,000/3,000/4,000/5,000 from the age of 60 years, depending on contributions.
• On the subscriber's death, the pension is available to the spouse; on the death of both, the pension corpus is returned to the nominee.
• If the subscriber dies before 60, the spouse may join and continue contributing to receive the pension, or withdraw the entire accumulated corpus.
• The opted pension amount can be upgraded/downgraded once a year.

• 1. Any individual between the age of 18-40 years is eligible for the scheme.
• 2. The applicant should have a Savings Bank Account/ Post Office Savings Bank Account. (In case they don't have either, they can open an account)
• 3. Any individual who is not liable to pay income tax on their earnings can enrol in the government’s APY scheme"

1. Bank passbook 2. Address proof- Voter Id, Electricity bill, Ration card, etc. 3. ID proof- Aahdra card, Pan card, Driving license etc