Atal Pension Yojana (APY)

Government of India guarantees a minimum monthly pension for subscribers ranging from Rs. 1,000 to Rs. 5,000 per month after the person attains 60 years of age. Monthly payment amount for pension plan depends on the age of joining the scheme. Click here to view APY Contribution Chart

This scheme is administered by Pension Fund Regulatory and Development Authority (PFRDA) through NPS architecture and is distributed through banks. One person is allowed to have only one pension account opened under the scheme. Only person with accounts with the Bank and their mobile number registered in the account can enroll for the scheme. Aadhaar number would be preferred KYC, but not mandatory

Monthly payment is auto debited from the account, once APY form is registered in the system.

The scheme is open for all between the age of 18-40 years and pension payment starts at the age of 60 years.

Click here for Fetch your Atal Pension Yojana statement to view the APY statement.