Learn how you can withdraw from Atal Pension Yojana (apy) Scheme
Initially when Atal Pension Yojana was launched there was no exit policy. Due to slow progress in the enrollment of subscriber, the government modified few rules.Where new simpler options are introduced in the areas of contribution on a monthly, quarterly or half-yearly basis and also exit option has been put on place.
Earlier, there was no way to exit formally but it was possible only when the subscriber has died or has suffered from some terminal disease.
Now the new rule says that any subscriber can exit Atal Pension Yojana provided they give up on the contribution given by the government and also the net actual interest earned on his/her contributions.
If you wish to exit Atal Pension Yojana (apy) scheme just simply visit your bank branch and fill the exit form.
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I am APY subscriber – APY toll free number doesn’t know about latest update on Exit policy. APY toll free is asking us to approach the concerened bank. But bank people are not responding and they are telling us that they don’t suggest APY to any consumers and they find it’s pain on dealing this scheme.
Concerned bank doesn’t know or not willing to give any details and subscribers are completely dark.
I have open atal pension yojana Dated 13/06/2015 But i cancelled atal pension yojana on Dated 26/06/2015 but my account debited on 04/11/2015 Rs, 2706/- i want my refund clarification
I want close my APY account… Bank manager is saying it is not possible… They are saying I have to close my saving account also.. It is my salary account… Please give me the way to exit this APY account
Im not sure if this is the way to close apy account.
Then how sir?
Online form download for APY
My APY account pran 500029216694 has been activated on 08/10/2015 from sbi bank HET piplani branch bhopal. I was submit a form for pension 3000 the contribution amount per month 495 age 34.but the cutting is 659 rs in my account please ccorrect this mistek.
Any change in the apy account can happen only through your sbi bank HET piplani branch bhopal or contact apy helpline number.
Dear sir,
I have enrolled through SBI. Am i going to get PRAN card at my residence?
is there any online login where i can see summary of my all contributions?
pratik mahajan
Jasvant P my age 39.
1)
Is there any written docunent that same amount 1454 i will have to pay till next 21 years???
as my current age is 39.11 month..
2)
If I withdraw or My death occurs before 60 age .
At how much rate of interest i will get refund my Paid money???
Hello Jasvant Panchal,
1.The apy documents are available with the banks, visit your local bank.
2.As far as exiting APY before the age of 60, there are different rules.
a. RETURN ON INVESTMENT: http://goo.gl/95h9Vk
b. EXITING APY: http://goo.gl/4EVxgi
Plz tell me after two year i want to exit from APY can i get my money back from this yojna …
Dear Ituu,
You can surely withdraw your apy contribution but in that case you will have to give up on the interest and government contribution accumulated in the last 2 years.
I have given an application to my bank SBI to exit from APY but they r telling deregistration option is not there
Try calling on 1800-180-1111 / 1800-110-001. It is the helpline number of Atal Pension Yojana. They can give better clarification on deregistration of apy.