Atal Pension Yojana (APY), how to apply,eligiblity

Atal Pension Yojana (APY)

Atal Pension Yojanan  started by Modi Government  under many Government Scheme after  come in to power like Jan Dhan Yojana,PM Aawas Yojana,Ujwalla Yojana.The flagship social security scheme of the Government of India National Pension Scheme  – Atal Pension Yojana (APY) – has completed five years of implementation and governed over 2.2 crore subscriber.



Atal Pension Yojana started  to cover  whole India in a pension scheme because pension scheme is presently avail to Government employee only.Main purpose of Atal Pension Yojana is provide social security at old age from illness or disease to Indian people. Employees of private sector can also apply under this scheme. There is a option of getting a fixed pension of Rs.1000,Rs.2000, Rs.3000, Rs. 4000, Rs,5000 on attaining an age of 60. The pension amount will be determined on the basis of amount of contribution to pension yojana and  on  the age. The contributor,s spouse can claim the pension upon the contributor’s death and upon the death  and upon the death of both contributor and his/her spouse, the nominee will  be given the accumulated corpus. As per the investment pattern laid down by the government of India, the  collected amount under the scheme is to be managed by the pension Funds Regulatory authority of India . The subscribers should not be part of any  other statutory social security scheme .


Montly contibutions

Atal Pension Yojana monthly contributions has been decided according to age of applicant  and pension amount that you want at the time of retirement. The following table is given how much you need to contribution for the scheme.




Candidate must fulfil the following requirement

1. Applicant must be in the age 18 to 40 year

2. Minimum contribution should be 20years

3. Applicant must be Indian citizen

4.  Applicant must have a moblie number

5. Applicant must have a bank account.

 How to Apply

1. Applicant must visit to nearest   nationalizes  bank.

2. Applicant must fill Atal Pension Yojana Form physical or  download online from any bank website.

3. Fill the form properly as prescribed.

4. Atal Pension Yojana form available in various Indian language  Hindi, Bangla, Gujarati, Kannada, Marathi, Odia, Tamil, English

4. Fill up the form and submit it in the relevant bank.



Key Points


Target Segment:  The scheme was launched on 9th may 2015. with the objective of creating a universal social security system for all Indians. Especially the poor the under privileged and the workers in the unorganised sector.


Administered By:   Pension fund regulatory and development authority through national pensions system (NPS).




It provides a minimum guaranteed pension ranging from Rs 1000 to Rs 5000 on attaining 60 years of age.


The amount of pension is guaranteed for lifeline to the spouse on death of the subscriber.

In the events of death of both the subscriber and the spouse the entire pension corpus is paid to the nominee.


Tax  Benefits:   Contribution to the Atal pension YOJANA  are eligible for tax benefits similar to the national pension system




The scheme has been implemented comprehensively across the country covering all states and union territories with male to female subscription ratio of 57:43.


However on;y 5% of the eligible population has been covered under APY till date.



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