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.
SIR
I HAVE NEWLY OPENED MY ACCOUNT FOR APY THROUGH CANARA BANK. I HAVE RECEIVED ACKNOWLEDGEMENT SLIP ONLY. I WANT TO KNOW THAT –
(1) WHAT DOCUMENT OR CERTIFICATE OR ANY PASS BOOK I WILL RECEIVE BELONGS TO APY
(2) HOW CAN I CHANGE THE NOMINEE OF APY
If any parson die before 60 …not complete apy than what appan is they give money to nominee
how can i confirm that whether nominee & Spouse Name are applied/correct is there any Profile Status/Proof.
My account got auto debited for APY but I don’t get my APY PRAN No. and don’t have document for APY account. I have only the bank statement that amount is deducted for APY. Please tell me that, is there any account proof document for this investment.
I am a tax payer, and in future I will have pension as my PF have been deducted, can I still apply for APY and get pension from APY also
sir refund mile ga kay
Apy holder expired when nominee get claim amount plz tell me
mera epf account hai but vo purani company me tha, maine new join kar li hai. jisme epf ni kat raha. so mujhe government ki taraf se share milega? i m not a tax payer.