Atal Pension Scheme

Atal Pension Scheme

Atal Pension Yojana users cross the total no. of users More than 58 lakhs in Atal Pension Yojana (APY) till 22-July-2017.
And The funds allocated under APY till now approx 158 crore.

“Currently, Atal Pension Yojana have more than one crore subscribers with total assets under management (AUM) of Rs 1,00,275 crore,” the Finance Ministry said in a statement.

Atal Pension Scheme Mobile Application : NPS Lite

Pension Fund Regulatory and Development Authority (PFRDA) is launched a mobile application to check the Statement of Account and other details of your Atal Pension Scheme.

Atal Pension Scheme Subscribers can download NPS Lite mobile app from Google Store.

Atal Pension Scheme Amended by Government – Latest Update

Government has decided to give an alternative to the spouse of the subscriber of keep adding to APY record of the endorser, for the remaining vesting period, till the first subscriber would have accomplished the age of 60 years rather than present procurement of giving over single amount add up to life partner on the unexpected passing (demise before 60 years old) of the endorser.

Atal Pension Yojana – pension scheme in India targeted at the unorganised sector.
It is the first step towards achievement of financial security for the common man.The Government has flagged off this new National pension schemes  (Atal Pension Yojana) on 9 May 2015 .Post its dispatch, 41,124 individuals have effectively enlisted for the plan as on 11 May 2015.
Atal Pension Scheme is very good scheme for the middle class and lover class people, which was launched by Prime Minister Narendra Modi on May 9 in Kolkata.

Atal pension scheme Name:
Atal Pension Yojana (APY).The name of this “Atal Pension Scheme” is decided as per our former honorable PM Atal Bihari Vajpayee.

Atal Pension Yojana Pros and cons

:
Can anybody subscribe to APY?

Any Indian Citizen can join APY scheme. The age of the endorser ought to be between 18 – 40 years.The subscriber should have a savings bank account or open a savings bank account to avail this scheme.

What is the benefit in joining APY scheme?

In APY, Government will co-contribute half of the aggregate commitment or Rs. 1,000/ – per annum, whichever is lower, to the qualified APY account holders who join the plan amid the period first June, 2015 to 31st December, 2015. The Government co contribution will be given for a long time from FY 2015-16 to 2019-20.

Can any one open APY Account without savings bank account?

No. For joining APY, savings bank account is mandatory.

The Financing Minister Arun Jetaily offers, thus, introduced a new gumption named Atal Pension Scheme (APY) inside the Budget Conversation for 2015-16. The Atal Pension Scheme will be concentrated about many folks inside unorganized industry, exactly who enroll in the actual Nation’s Type of pension Technique (NPS) given because of the Type of pension Account Regulating as well as Improvement Guru (PFRDA) as well as who definitely are certainly not people of almost any statutory sociable stability plan.

Within the Atal Pension Yojana, the actual buyers might obtain the predetermined pension check of Rs. 1000 a month, Rs. 2000 a month, Rs. 3000 a month, Rs. 4000 a month, Rs. 5000 a month, from the age of 62 decades, depending on their own additions, which themselves might change about the age of getting started with the actual APY. The minimal age group of getting started with Atal Pension Scheme is eighteen decades as well as highest age group is 50 decades.

As a result, minimal period of contribution because of the prospect beneath APY will be twenty years or even more. The benefit of predetermined pension check will be assured because of the Govt. The Main Govt might furthermore co-contribute 50% with the subscriber’s contribution as well as Rs. 1000 per annum, whichever is gloomier, in order to just about every qualified prospect bill, to get a period of 5 decades, i. electronic., by 2015-16 in order to 2019-20, exactly who enroll in the actual NPS before 31st December, 2015 as well as who definitely are certainly not income tax payers. The APY will be presented by very first 06, 2015.

The existing Swavalamban Scheme uses/member would be automatically migrated to the Atal Pension Scheme, unless they opt out.

The minimum age of joining “Atal Pension Yojana” scheme is 18 years and the maximum age is 40 years. While minimum contribution period for this Atal Pension Scheme by the subscriber/user under Atal Pension Yojna would be 20 years or more.

“Atal Pension Scheme” Scheme accounts opened from 1/6/2015 – 31/12/2015 are eligible for Government of India co-contribution at the rate of 50% of the subscriber contribution amount with a cap of Rs 1000 per annum..However the scheme will continue after this date but Govt. Co-contribution will not be available.

Under this scheme, a user will get a fixed pension of Rs. 1000 or 2000 or 3000 or 4000 or 5000 per month, at the age of 60 years. However, the amount depends on their own contribution which varies on the age of joining the Atal Pension Scheme.

Key features of atal pension yojana

Atal pension yojana is looking a different scheme than National Pension System. Generally people who do not covered by any pension scheme or not investing NPS will be targeting under this scheme.

The entry age for this scheme will be 18-40 years. The pension will be started from the age of 60 years. That means min duration of contribution will be 20 years.

This is a guaranteed pension scheme from Govt of India.

National Toll Free Number :
1800 110 001
1800 180 1111

State Toll Free Number :
1800 102 4455
1800 223 344

atal pension yojana

Atal Pension Yojana Transaction Statement Download Online

You can now download the APY Transaction Statement and view by accessing the NSDL-CRAs website i.e. https://www.npscra.nsdl.co.in/ . Following step: The subscriber to select the home menu. Under home menu the subscriber can select the “Atal Pension Yojana’ option. Under…
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Posted in Atal Pension Scheme | 14 Comments

Who will get the pension amount if the Scheme holder dies before the age of 60

If the APY policy holder dies before the age of 60, then the nominee will get the pension. But in-case both the nominee and the Scheme holder dies then the legal heir of the nominee will get the whole contribution…
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Posted in Atal Pension Scheme | 13 Comments

How can anyone check the status of their Atal Pension Yojana (apy) Scheme Account?

You can get updated about your Atal Pension Yojana (apy) Scheme account in two ways: a. You will receive periodical SMS alerts to the register mobile number.In this case, you will need to include your mobile number while creating APY…
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Posted in Atal Pension Scheme | 62 Comments

86 Comments

  1. shridhar

    I am 50. What if I want to invest and get pension from “Atal Pension Yojana”?

  2. admin (Post author)

    You are not eligble for this scheme. It is only for below 40 years. because minimum time is for thsi p[olicy is 20.

    40 years + 20 years = 60

  3. Rajesh Chandran

    My DOB is 20/02/1975
    Am i eligible for this policy ?
    I am 40 years + 3 months old?/

  4. pawan

    atal pension is not interesting because after 20 to 40 year what meaning of rs.5000/-pension

  5. N. Das

    Iam a Govt. Central Govt.(autonomous) employee. My wife is housewife,28 years, is she can join Atal Pension Yojna ?

  6. Nitu Jain

    I am 32 years female…the concept is not clear to me….pls elaborte nd how to enroll for this scheme

  7. SANDIP ROY

    My date of birth 25.11.1974
    can I invest Atal Pension Yojana?

  8. animesh pan

    atal pension yojna,after 60 yearsif policy holder died,then nominee will get pension or not

  9. annu

    is there any other LIC government pension schemes for above 40 years for private employess. will they join to them

  10. S T RAVIKUMAR

    no problem my age is 48. i have to pay extra premium for bal. twelve year

    pl allow to joint the scheme

  11. E.Dhanabalan

    my age is 47 i have tp pay extra premium whatever for balance13 year please can i join this scheme. reply me on mail

  12. Debasis Banerjee

    I would like this scheme if it will to eligible for every age of people without any condition

  13. ashwi

    I stop getting griha adhaar scheme4times I submitted life certificate :,what I do

  14. shubham

    sir, what is term and condition for this yojana….?

  15. Shubham Banerjee

    Hi Annu,

    You may contact me on 09975461887 to know more on LIC government pension schemes for above 40 years for private employees. They are pretty beneficial for private employees. I’m a Financial Planner & advisor at LIC FYI. Thanks, Shubham

  16. Shubham Banerjee

    Nitu Jain & Sandeep Roy, same goes for you too, you guys may contact me directly on my given number 09975461887 / 09325545267, for any related LIC Government queries.
    Thanks,
    Shubham

  17. subrata roy

    my age is 05/06/1975 am I eligible or not if eligible wtah will be my premium.

  18. NRD

    If anyone died after 60 yrs then wht will happen to his contribution money ???? And if anyone cant able to cntribute after 5yrs thn wht will happen ???

  19. Subhasish

    Okay. We are under 40 yrs. I’m salaried. My wife is house maker. Both are having S/B A/c and Adhaar No. Is it possible to start this investment for my wife and me both?

  20. saroj ku singh chinda

    Comment…i am working in Exide life insurance ltd as ESO and deducting EPF from my salary so am i eligible for APS?

  21. Darshan Dyal Sharma

    Normally, age 40 for Atal Pension Yojana should include persons with Date of Birth within six months i.e.those born from 01.12.2014 onwards,

  22. rahul

    For short term investment with High returns call now or whatsapp 08884886386 to know more about it minimum time period 6 months max 2 years

  23. Satyabrata mohanty

    My DOB is 09-02-1976 I want invest

  24. NAgaraj

    Nagaraj
    nagaraj_nagenahalli2yahoo.co.in
    my dob is 23.05.1976 iam eligible or not?

  25. Malay Kumar Das

    my age is 27/11/1975 am I eligible or not if eligible wtah will be my premiu

  26. Roshan singh

    Do family member gets pension after death of the canfidate….in atal pension yojana…..????

  27. guruprasad

    will you please tell me the last date for the submission of the scheme

  28. Swetha Shashikant Rane

    My age is 39 Years. I have joined Atal pension Scheme. My monthly collection is Rs.792/- per month for 21 years. My bank is Canara Bank & Joint A/c with my Husband. I am a house wife I don’t have individual Bank A/c. I have got Pan Number & non tax payer. IS IT OK. Please reply me immediately.

  29. seema sing

    my age 28 Years . i have joine atal pension scheme. My Month collection 485/- per month for 32 yeras my bank is state bank of india . i am a working woman . i have individual bank A/c . I have got Pan number & no tax payer . is it ok please reply me immediately .

  30. sanjay patel

    sir please atal pension scheme for new agent edit karo cho

    our agent for apply

  31. E.Chitti Babu

    Atal Pension Scheme is so good, it will be benefit for so many poor people, I wants to enroll my house maid servant, she is 33 years old widow women, can I send her to any nationalised bank and do the process,

    E.Chitti Babu.

  32. Dhanraj Suvarna

    I am NRI, working in bahrain. Am I eligible for this scheme?
    what are the things required to apply this scheme?
    Can I apply it online?
    please reply.

  33. Dwarika Choudhary

    Comment…I work as a worker in Jaya shree textile and I have already pension plan at this textile. Can I apply for APY. I have one more question for you sir lf I dead before age of sixty what will happen with my nominee. And what is meaning of 850000.

  34. Dwarika Choudhary

    Comment…I work as a worker in Jaya shree textile and I have already pension plan at this textile. Can I apply for APY. I have one more question for you sir lf I dead before age of sixty what will happen with my nominee. And what is meaning of 850000.

    Plz reply me quickly my email or my what’s no 8482093231 ar my fb dwarika Choudhary

  35. Yogesh

    Good Morning

    Sir, I am working in private sector paying Rs. 200 professional tax. Let me know I am eligible or not ?
    And Home maker (not employee) will eligible or not ?

  36. Tapas Kumar Mandal

    My wife is House wife. So.. she is eligible for Atat Pension (age-29 years.

  37. Ramesh Naik

    we are both employees, how to apply eachother under spouse?

  38. swapan bhattacharya

    Sir, I am a senior citizen and worked under private company, got no pension. Now, can I do the same policy for my son, who is 19+

    thanking you

  39. Mainak Banerjee

    What is the last date to submit application of Atal Pension Yajana?

  40. ismail

    sir my age is 49 i think i am not eligible to joint this scheme, is there in any other scheme like this is available for me please reply thank you sir

  41. muhamed ismail

    sir my age is 49 i think i am not eligible to joint this scheme, is there in any other scheme like this is available for me please reply thank you sir

  42. muhamed ismail

    my age is 49 because of age factor i am unable to join this scheme
    any other scheme please reply

  43. raja

    hello sir my age is 49 any other scheme like this please reply sir

  44. sukamal

    Comment…how to know my account statement of atal pension yojona

  45. sanjay maurya

    My name is sanjay maurya and from next year i will become a tax payer.when i was filling from i was not knwing the criteria so the lady in the bank accepted my form but when it went to senior clerk she deciled my form but frm my account every month money is debieted.so how should i cancel the plan?

  46. Syed Tanveer

    im 30 years now, if i start investing in this scheme, and after some time form now, if i die(at the age of 40 or so). what will happen to my investments and pension that im supposed to get.
    Thanks and Regards
    Syed.

  47. Abhishek

    If I need to close my Atal Pension plan, then what will I have to do as because SBI bank employee not able to help me for the same.
    Even I am also not getting any deposit document of my plan

  48. bhusham

    how to close atal pension yogana scheme….

  49. swetha

    Hello sir,
    I hv already opened apy last month that is on 18 /8/2015.but now I am feeling like closing the account ..is it possible to close the account …if s pls tell me the procedure. .plzzzz

  50. Kishore Reddy

    Hi, another good scheme what if the person who enrolls will get died, then what the next process 1) will spouse get the pension or 2) spouse has to continue the payment till the mature period.

    help me out, thanks

  51. Vivek

    Hi All,

    I have enrolled for the above pension policy in the month of June 2015. But till September 2015 Bank didn’t deduct the EMI amount (990 Rs). So I thought it was not processed. But my bad luck, I didn’t have sufficient amount in my account and the EMI was produced and it bounced back. October 2015 the EMI was produced again and it was deducted with 1010 Rs with Penalty. Now my question is will they deduct the balance EMI (from June to October) or only one month (starting October). Whom to contact for more information. Bank don’t have any answer. Any Idea?

  52. Sheke Sadeep

    Hello Sir
    My date of birth 20.06.1975
    can I invest Atal Pension Yojana?

  53. Chaitanya

    My DOB is 04-03-1974. Am i eligible for the scheme.

  54. vijay prakash

    Comment…Sir pl.tel me that pascial widroll is available in this scheme and if the subcriber had become death then inwhich condition what the get amt.his nomine.because I am a scheme holder.

  55. Arvind Kumar

    hv opened apy last month that is on 20 /10/2015.but now I am feeling like closing the account ..is it possible to close the account …if s pls tell me the procedure. .plzzzz

  56. arvind kumar

    opened apy that is on 20 /10/2015.but now I am feeling like closing the account …if s pls tell me the procedure. .plzzzz

  57. Rajinder kumar

    After 60 year contributory money will be refund or not

  58. Ashok kumar

    I opened APY schenme in KVB now i would like to transfer to Andhra bank its possible or not? please mail me yoursashok1984@gmail.com

  59. c.siavagami

    my date of birth is 05.05.1975 atal pension scheme eligible or not eliglble.
    .

  60. manoj tiwari

    Sir i have opened my account in APY scheme but banker written my incorrect date of birth so there are only 752 rupees detected from my saving account but my age is 35yrs, What i do for that , In last it can be happen i will not get any amount due to give false information which is given by banker. Plese suggest me.

  61. Amit Sharma

    What is the last date to open this Atal Pension Scheme.

    Regards,
    Amit Sharma

  62. mahaboob pasha

    Atal pension scheme i joined Dec 15,i would like to say thank.how to know about check out it our status? if any kind of book given to us or something else to us given

    regard
    mahaboob pasha

  63. Anirban Basu

    How can I get the account statement for APY Pension scheme?

  64. SUMANT KUMAR

    यदि कोई व्यक्ति एक या उससे अधिक प्रीमियम देने के बाद उसकी मृत्यु हो जाए और फिर प्रीमियम न भरा जाए तो उस स्थिति में इस स्कीम में क्या प्रावधान है !

  65. ANIKET KUMAR SINGH

    Dear Subscriber, Your contribution towards APY of Rs. 210.00 for Jan-16 has been credited to Account (XX0440) on 14/01/16. Visit your Bank for more details.

    But no one has said me the account number. And account details of APY..
    What to do plz reply..

  66. Renu garg

    Sir hum apy se Jude hai. lekin gharelu samsiya ke karan hum ye dhand rashi jama nahi kar pa rahe hai to ye yojna band krne ke liye hume KYA krna hoga please Hume btaye.
    Meri mail id PR Hindi me jankari de my mail id renugarg.shamli@gmail.com

  67. Maruti Kapoor

    Sir hum apy se Jude hai. lekin gharelu samsiya ke karan hum atal pension yojana chala pane mai dikkt ho rahi hai. please yeh batane ka kast kere ki is yojna ko jald sai jald band kerwane aur jama paisa vapas pane key liye kya kerna hoga.
    Meri mail id marutikapoor@gmail.com

  68. Tushar

    i want to close my APY account

  69. Sanjeev Kuamar

    Sir, PRAN Number is 500007308353, i have already discussed to you about this matter, you know my problem. Really i am very frustrating since three months. Please solve this matter at the earliest and kindly credit the difference amount back to my saving account (already given through e-mail).

    Sanjeev

  70. ramu

    how can I view the balance in the apy in my acc0unt

  71. SUBRATA KR GIRI

    Sir,
    How can I get the account statement for APY Pension scheme?

  72. krishna

    Comment…a/c 3926493298}aadhaar cardno 858252287021} dateof birth 02/01/1986 rs 70 per mants five year

  73. Sabir garana

    sir lf I dead after age of sixty what will happen with my nominee. She will got pensan or not And what is meaning of 850000

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  76. Ali

    But how long you will give pension? up to 100 years or up to death? please explain me.

  77. Vishal

    I m a central govt. Employee & contributing in nps scheme the deduction r done by my office. I also started making contribution in this scheme will I able to avail the benefits of dis scheme at the age ho 60 or if not nd will stop making contribution in dis scheme will I get the deposit amount back.

  78. Suman Das

    It is always pleasure to us & workless men.

  79. Suman Das

    It is always pleasure to workless 60+ man & woman. But can I returned back my many on my ded?

  80. manoharan

    Can i get tax benefit(under 80 c)

  81. Amaya

    I’m not paying Income tax.But my annual income is 2.5 lakhs per Annum.So can apply as a No income tax payer to get the govt. contribution??

  82. Shreereshmi

    If the woman is widow then is she will get the pension plan and benefits in case can she make nominee to her brother as her daughter is minor

  83. pushpa

    I WANT TO CLOSE MY APY ACCOUNT

  84. pushpa

    I WANT TO CLOSE MY APY ACCOUNT AND PLEASE GIVE DEDUCTED MONEY IN MY ACCOUNNT

  85. Girish

    How to join this scheme …having DOB 30/10/77

  86. Sendhil s

    Sir
    Suppose in the age of 50 the insured person expired immediately wife get pension or at the age of 60 she get the pension

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