Atal Pension Yojana Benefits
The Atal Pension Yojana (APY) Scheme got the approval from the Government of India.
Atal Pension Yojana (APY) fixed pension for the subscribers ranging between Rs. 1000 to Rs. 5000, if he joins and contributes between the age of 18 years and 40 years. The contribution levels would vary and would be low if subscriber joins early and increase if he joins late.
Eligibility for Atal Pension Yojana (APY):
Atal Pension Yojana (APY) is open to all bank account holders. The Central Government would also co-contribute 50% of the total contribution or Rs. 1000 per annum, whichever is lower, to each eligible subscriber account, for a period of 5 years, i.e., from Financial Year 2015-16 to 2019-20, who join the NPS between the period 1 st June, 2015 and 31st December, 2015 and who are not members of any statutory social security scheme and who are not income tax payers. However, the scheme will continue after this date but Government Co-contribution will not be available.
The Government co-contribution is payable to eligible PRANs by PFRDA after receiving the confirmation from Central Record Keeping Agency at such periodicity as may be decided by PFRDA.
Age of joining and contribution period: The minimum age of joining APY is 18 years and maximum age is 40 years. The age of exit and start of pension would be 60 years. Therefore, the minimum period of contribution by the subscriber under APY would be 20 years or more.
Vadivelan says
Hi sir,
APY is eligible for income tax ?
im not income tax payer still now.
Can you clarify my doubts.
Thanks,
vadivelan.S
Martin says
I have joind nps and i have got my pran myself and wife given the application for apy we nominate each other.but i havnt got any message in my mobile or email.is anything wrong
ashok says
sir mai govt.servent me mai apni wife ke naam se atal pension yojna lena chahata hu kya mai abhi le sakta hu
nalla laxman says
can state govt employees eligible for apy
jugnesh desal says
My age is 30 .मुझे ५००० के करीब पेंशन चाहिए तो मेरा हर महीने कितना प्रिमियम आएगा कृपिया जवाब दीजिए
geeta says
can i change my date of birth in atal pension yojana form
geeta says
geeta – can i change my date of birth in atal pension yojana form
ANSHUL SAXENA says
HI
I AM HAVING A QUERY THAT WOULD LIKE TO SHARE AND WANT TO BE RESOLVED .
I SUBCRIBED FOR THE ATAL PENSION YOJANA BUT TILL NOW I AM NOT HAVING THE ACCOUNT NO TO WHICH MY CONTRIBUTION IS BEING CREDITED,NOR I AM HAVING ANY DETAILS ANY LETTER REGARDING THIS. PLEASE HELP ME OUT ON THIS????
FURTHER I WOULD LIKE TO HAVE AN ONLINE EXCESS REGARDING THE SAME …WHAT IS THE PROCEDURE TO VIEW MY STATEMENT FOR ATAL PENSION YOJANA ?
REGARDS
ANSHUL SAXENA