Atal Pension Yojana
🏛️ Ministry of Finance (PFRDA)
Guaranteed pension of ₹1,000 to ₹5,000 per month from age 60, continuing to the spouse.
About the Scheme
Atal Pension Yojana is a guaranteed pension scheme administered by the PFRDA, aimed primarily at workers in the unorganised sector. Subscribers aged 18 to 40 contribute monthly until the age of 60, after which they receive a guaranteed monthly pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000 or ₹5,000 depending on the chosen slab and the age of joining. The same pension continues to the spouse after the subscriber’s death, and the accumulated corpus is returned to the nominee thereafter. 🔗 Official Resources: • NPS Trust / PFRDA: https://www.npscra.nsdl.co.in
📄 Documents Required
- ✓Bank Passbook CopyFirst page showing account number and IFSC details
- ✓Aadhaar CardUnique identification document
🚀 How to Apply
Step 1:Approach Your Bank
Contact the bank or post office where you hold a savings account, as that account is required for auto-debit.
Step 2:Submit the APY Registration Form
Fill the Atal Pension Yojana form, provide Aadhaar and a nominee, and choose the desired pension slab.
Step 3:Authorise Auto-Debit
Authorise the monthly auto-debit mandate and keep sufficient balance in the account on the due date.
Step 4:Track the Contributions
Monitor contributions and the accumulated corpus through the APY statement provided by the bank or the NSDL portal.