Frequently Asked Questions(FAQ)-Atal Pension Yojana

1. What is Pension? Why do I need it?
A Pension provides people with a monthly income when they are no longer earning.
Need for Pension:
 Decreased income earning potential with age.
 The rise of nuclear family-Migration of earning members.
 Rise in cost of living.
 Increased longevity.
Assured monthly income ensures dignified life in old age.
2. What is Atal Pension Yojana?
Atal Pension Yojana (APY),
a pension scheme for citizens of India focussed on the
unorganised sector workers. Under the APY, guaranteed minimum pension of Rs.
1,000/-, 2,000/-, 3,000/-, 4,000 and 5,000/- per month will be given at the age of 60
years depending on the contributions by the subscribers.
3. Who can subscribe to APY?
Any Citizen of India can join APY scheme. The following are the eligibility criteria,
i The age of the subscriber should be between 18 – 40 years.
ii He / She should have a savings bank account/ open a savings bank account.
iii The prospective applicant should be in possession of mobile number and its
details are to be furnished to the bank during registration.
 Government co-contribution is available for 5 years, i.e., from 2015-16 to 2019-20 for
the subscribers who join the scheme during the period from 1st June, 2015 to 31st
December, 2015 and who are not covered by any Statutory Social Security Schemes
and are not income tax payers.


  1. Avijeet

    I m 26yr old,have to invest for 34 yrs. Suppose I die before my age 60,then what benefit my nominee will get.

    And the amount of 8.5lakh, is this a maturity amount which I got after my age 60, or my nominee will get.

  2. ramsharan kushwah

    sir if anybody take this pension scheme and after completing age of 60 years he want to take full and final payment can he do this

  3. Deepak Andrade

    Hi Sir,

    My DOB is 1-NOV-75. That means I am 39 years and 6 months old now.
    Am I eligible for this ?
    I checked with the bank and they said that I was not eligible.
    Can you please clarify ?


  4. raj jadeja

    if during the continuation of scheme, the person in whose name application is made was died then what is the next procedure or whether the scheme is ended or nt? n from date of death whether the contributio from government to family member is started???

  5. Bharadwaj

    I am now 20 year and if june 1st comes I completed 21 years. I don’t have job. My father is income tax payer. Can I eligible for Atal pension scheme???

  6. Divya Shenoy

    My DOB 21/03/83 how much amount i have to pay per month to get 5000 per month. And how much amount i will get after 60 maturity, and im working in private company, Government contribution i will get or not.

  7. saurabh pahuja

    I am 30 years now, If I continue to pay till 20 years i.e. upto age 50. And then stop . What I will get ? I will get money after age of 60 only? If I expire who will get the money and how much ?

  8. krishna Roy

    if someone enlisted himself in APY and now he is unemployed but what will happen if he get a government job after 5 yrs.can he avail APY after completing his 6o yrs age.

  9. bittu

    Please advice us whether if one person died at the age of 61 yr and pension starts to wife , and if wife died after one month whether the mount will be paid to nominee .
    and also if the person died t the age of 70 and pension starts to wife and after 2 yr wife died will the amount be paid to the nominee or not.

  10. sarita ray

    pls provide me hindi version of atal pension yojna – frequently asked question

  11. sarjerao narayan borude

    I want. to

  12. Savita shinde

    I am 35 years now, If I continue to pay till years i.e. upto age . And then stop . What I will get ? I will get money after age of 60 only? If I expire who will get the money and how much ?

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