Atal Pension Yojana (APY) – Minimum Investment Maximum Benefit During Old Age

Atal Pension Yojana : This scheme is a pension scheme for the old age citizens of India. It guarantees a minimum pension of Rs 1000 or 2000 or 3000……5000 per month which will be given at the age of 60 depending upon the contributions made by the subscribers.

Eligibility for Apply Atal Pension Yojana (APY):

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• Subscriber’s age should be between 18-40years.
• The subscriber should have a saving bank account/post office savings bank account.
• Aadhar card is not mandatory for the purpose of enrollment.

There is a need for pension:

• When there is decreased income earning capacity according to age.
• Nuclear migration of earning member
• Cost of living is rising
• Need a fixed income at old age.

Members of the Social Security Schemes under the following enactments would not be eligible to receive Government co-contribution under APY:

• Employee Provident Fund and Miscellaneous Provision Act, 1952.
• The Coal Mines Provident Fund and Miscellaneous Provision Act, 1948.
• Assam Tea Plantation Provident Fund and Miscellaneous Provision, 1955.
• Seamen’s Provident Fund Act, 1966.
• Jammu Kashmir Employees’ Provident Fund and Miscellaneous Provision Act, 1961.

How to Open an Atal Pension Yojana Account:

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• Go to the bank branch where the person has his bank account
• Provide bank account number and fill up the form.
• Provide Aadhar card number and mobile number.
• Ensure to keep the required bank account.

The subscribers can contribute monthly/quarterly/half yearly intervals through auto-debit facility from savings bank account/post office savings bank account of the subscriber. The monthly/quarterly/half yearly contribution depends upon the intended/desired monthly pension and the age of the subscriber at entry.

Withdrawal Procedure

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• On attaining the age of 60: – Submit the request to the associated bank for drawing the guaranteed minimum monthly pension or higher monthly pension, if investment returns are higher than the guaranteed returns embedded in APY.
• In case of death of the subscriber due to any cause after the age of 60:- In case of death of subscriber, same pension would be available to the spouse and on the death of both of them (subscriber and spouse), the pension wealth accumulated till age 60 of the subscriber would be returned to the nominee.

Atal PensionYojana Toll Free Number

Head Office

Address- NSDL e-Governance Infrastructure Limited
1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013

Tel.- (022) 2499 3499

Fax –(022) 2495 2594/ 2499 4974

Atal Pension Yojana Scheme Chart

Age of Entry	Years of Contribution	Monthly pension of Rs. 1000.	Monthly pension of Rs. 2000.	Monthly pension of Rs. 3000.	Monthly pension of Rs. 4000.	Monthly pension of Rs. 5000.
18	42	42	84	126	168	210
19	41	46	92	138	183	228
20	40	50	100	150	198	248
21	39	54	108	162	215	269
22	38	59	117	177	234	292
23	37	64	127	192	254	318
24	36	70	139	208	277	346
25	35	76	151	226	301	376
26	34	82	164	246	327	409
27	33	90	178	268	356	446
28	32	97	194	292	388	485
29	31	106	212	318	423	529
30	30	116	231	347	462	577

31	29	126	252	379	504	630
32	28	138	276	414	551	689
33	27	151	302	453	602	752
34	26	165	330	495	659	824
35	25	181	362	543	722	902
36	24	198	396	594	792	990
37	23	218	436	654	870	1,087
38	22	240	480	720	957	1,196
39	21	264	528	792	1,054	1,318

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