Atal Pension Yojana – APY scheme is a pension scheme under the Jan Dhan Se Suraksha Scheme administered by the Pension Fund Regulatory and Development Authority (PFRDA) through NPS architecture. A pension scheme focused on the unorganized sector of India. APY can be joined by any individuals who have a bank account and are not taxpayers. APY scheme was launched along with PMJJBY and PMSBY Schemes.
Depending on your contributions, a guaranteed minimum pension of ₹1000, ₹2000, ₹3000, ₹4000 or ₹5000 every month after 60 years of Age.
Period of Investment
The minimum age of joining is 18 years and the maximum age is 40 years. Hence, the minimum period of contribution would be 20 years or more.
Atal Pension Yojana Details
View Flyer Released by PFRDA for summary information
What are Atal Pension Yojana Benefits?
The minimum Guaranteed pension under the scheme is ₹1000, ₹2000, ₹3000, ₹4000 or ₹5000 every month after 60 years of Age.
On attaining the age of 60 years:
The exit from APY is permitted at the age with 100% annuitisation of pension wealth. On exit, a pension would be available to the subscriber.
In case of death of the Subscriber due to any cause:
In case of death of subscriber pension would be available to the spouse and on the death of both of them (subscriber and spouse), the pension corpus would be returned to his nominee.
Exit Before the age of 60 Years:
Exit before 60 years of age is not permitted however it is permitted only in exceptional circumstances, i.e., in the event of the death of beneficiary or terminal disease.
Atal Pension Yojana Chart (APY Chart)
You can refer to the detail APY contribution Chart published by PFRDA on NSDL website to know about exact contribution amount
Atal Pension Yojana Calculator
You can visit the official website of Atal Pension Yojana for APY Calculator by clicking the below link
How to get Atal Pension Yojana Statement?
Subscriber of APY can check their statement online through the specially designated portal by using PRAN OR by searching on the portal
Where can I get Atal Pension Yojana APY closure form?
APY Clouser form can be obtained by visiting the Branch offices of the Bank or can be downloaded from the section important links.
Where can I get Atal Pension Yojana APY Mobile Application?
APY Mobile Application can be downloaded from the Play Store from the link
Important Link
| Description | Link |
|---|---|
| Official Website | PFRDA-NSDL |
| Scheme Website | Jan Surksha |
| Application Form | Download Here |
| APY Rule | Click Here |
| APY Exit Form | Volunteer Exit Death Case |
| Print PRAN Card | PRAN Link |
| APY Pension Upgrade/Downgrade form | Jan Suraksha |
Frequently Asked Questions (APY)
APY full form of the APY is Atal Pension Yojan for savings account holder in India with the facility to automatically invest in Pension Funds Schemes managed by PFRDA as per choice of pension plan.
Atal Pension Yojana is a pension Scheme for unrecognized sectors with minimum monthly/ Quarterly/Half yearly/Yearly contributions through savings accounts.
Tax-payers are not eligible for the Scheme
APY account can be closed as per the Scheme terms and conditions by submitting Volunteer exit form.
PRAN is a unique 12-digit number for every APY subscriber on NPS platform for APY. The full form of PRAN is the Permanent Retirement Account Number.
