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Investments

Atal Pension Yojana

Address your pension needs through this scheme, administered via NPS and distributed through banks

Guaranteed Monthly Pension

From Rs. 1,000 to Rs. 5,000 per month

Exclusive Individual Account

One person, one pension account

Monthly Auto-Debit

Easy and hassle-free

Government Co-Contribution

50% of subscribers’ contribution or Rs. 1,000/- per annum

Features and Benefits

Government of India guarantees a minimum monthly pension for subscribers ranging from Rs. 1,000 to Rs. 5,000 per month after the person attaining 60 years of age.
Monthly payment amount for pension plan depends on the age of joining the scheme
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 persons with accounts with the Bank and have their mobile numbers registered in the account can enrol for the scheme.

Aadhaar number would be preferred KYC, but not mandatory
Monthly payment is by auto debit to the account, once APY form is registered in the system
  • The Government also co-contributes 50% of subscriber’s contribution or Rs.1,000/- per annum, whichever is lower for all subscribers registering from 1st June to 31st Dec '15, for a period of 5 years from FY 2015-16 to 2019-20
  • This contribution is available for only those who are not (a) covered by any Statutory Social Security Scheme and (b) is not an income tax payer
The scheme is open to all from the age of 18yrs to 40yrs and pension payments starts from the age of 60yrs.
Click here to view the APY statement.


For further details refer to the FAQs on APY or visit your nearest branch
Subscriber forms are available at our branches and customers are required to visit the branch for registration

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