Pension
Atal Pension Yojana
Ministry of Finance · Launched 2015
A guaranteed pension scheme focused on unorganised-sector workers, offering a defined monthly pension after the age of 60.
Key benefit
Guaranteed monthly pension between Rs. 1,000 and Rs. 5,000 after the age of 60.
Eligibility criteria
- Indian citizen aged between 18 and 40 years
- Should have a savings bank or post office account
- Should not be an income tax payer (current rule)
- Aadhaar and mobile number recommended for enrolment
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Documents required
- Aadhaar Card
- Savings bank account
- Mobile number
How to apply
- 1Approach your bank or post office where you hold a savings account
- 2Fill the APY registration form and choose your pension amount
- 3Provide Aadhaar and mobile number
- 4Authorise auto-debit of contributions from your account
Frequently asked questions
When does the pension start under APY?
The guaranteed monthly pension begins after the subscriber attains the age of 60 years.