Title :

Atal Pension Yojana (APY)

Description :

Atal Pension Yojana(APY) scheme addresses the longevity risks among the workers in unorganized sector and encourage the workers in unorganized sector to voluntarily save for their retirement. APY offers choice of minimum monthly pension guaranteed by Govt. of India of Rs. 1000, Rs 2000, Rs 3000, Rs 4000 and Rs. 5000 per month after 60 years of age. The monthly contributions for availing this scheme can be found at here.

The Key benefits of this scheme are:
1. Guaranteed monthly pension for subscribers, ranging from Rs. 1,000 to Rs. 5,000 per month.
2. Government of India (GoI) will also co-contribute 50% of the subscriber’s contribution or Rs. 1,000 per annum, whichever is lower. The Government co-contribution is available for those who are not covered by any Statutory Social Security Schemes and is not an Income Tax payer.

Eligibility:
1. All citizen of India aged between 18 to 40 years. 2. Must not be an income tax payer.

Documents Required:
1. Aadhar

How To Apply?:
Join APY through a bank branch/post-office (through Online/ Offline modes, as available)

Website :

Please click here

Start Date :

04/01/2015

Expiry Date :

12/31/2025