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Atal Pension Yojana

Atal Pension Yojana


The Central Government has started the Atal Pension Yojana (Atal Pension Yojana – APY) since 2015 for people working in the unorganized sector. Under this government scheme , all those who have done online registration for Atal Pension Yojana (Atal Pension Yojana Apply Online) will be given pension between Rs 1,000 and Rs 5,000 per month after retirement. This scheme is a very beneficial social security scheme for people working in the unorganized sector.

Important Dates

  • Application Begin : 01/01/2015
  • Last Date : Not defined

Application Fee

  • No Application Charges For This Form.

Age Limit

  • 18 and 40 years of age.

Eligibility

  • All applicants should be permanent residents of India.
  • To get pension under APY scheme you have to invest for at least 20 years.
  • Atal Pension Yojana (APY) can be availed only to those who are outside the income tax slab.

Atal Pension Contribution

The APY scheme (Atal Pension Yojana Contribution Chart) is divided into 6 parts for the people, the sooner you join the Atal Pension Yojana (APY), the more benefit you will get. If a person joins the Atal Pension Yojana (APY) at the age of 18, then he will have to invest Rs 210 every month. Those people who fall under the income tax regime, are government employees or are already taking advantage of schemes like EPF, EPS, they cannot become part of the Atal Pension Yojana (APY).
After retirement, you have to invest in APY for a few years only to get a lifetime pension. Along with your investment, the government also contributes on its behalf in the Atal Pension Yojana (APY).
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