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ATAL PENSION YOJANA SCHEME FULL DETAILS
All account holders who are interested can join under this Government APY Scheme and can pay premium through savings bank account or open a savings bank account to join in this Government Pension Scheme. Premiums are
based on the Pension selected by the scheme holder and based on the starting age of APY scheme. Detailed information about Monthly Premiums to be paid, entry age, starting age of Pension and other benefits of Atal Pension Yojana Scheme are given below.
based on the Pension selected by the scheme holder and based on the starting age of APY scheme. Detailed information about Monthly Premiums to be paid, entry age, starting age of Pension and other benefits of Atal Pension Yojana Scheme are given below.
Government Atal Pension Yojana Scheme Eligibility Conditions
- 1. Entry age to join in APY Scheme
Minimum – 18 years
Maximum – 40 years - 2. Guaranteed Monthly Pension
Minimum – Rs. 1000
Maximum – Rs. 5000 - 3.Starting Age to receive Pension – 60 Years
- 4. Contribution Period – Based on Entry Age of Scheme holder
- 5. Mode of Paying Premium – Monthly Premium will be Auto-debited by the bank from the Scheme holder’s account.
- 6. Date of Implementation – 1st June 2015
- 7. Primary KYC – Aadhar number
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EntryAge | Number of Years of Paying Contribution (in Years) | Based on Pension Needed, the Monthly Contribution has to Pay in Rs. | ||||
For Monthly Pension of Rs. 1000 | For Monthly Pension of Rs. 2000 | For Monthly Pension of Rs. 3000 | For Monthly Pension of Rs. 4000 | For Monthly Pension of Rs. 5000 | ||
18 |
42 |
42 |
84 |
126 |
168 |
210 |
19 |
41 |
46 |
92 |
138 |
183 |
228 |
20 |
40 |
50 |
100 |
150 |
198 |
248 |
21 |
39 |
54 |
108 |
162 |
215 |
269 |
22 |
38 |
59 |
117 |
177 |
234 |
292 |
23 |
37 |
64 |
127 |
192 |
254 |
318 |
24 |
36 |
70 |
139 |
208 |
277 |
346 |
25 |
35 |
76 |
151 |
226 |
301 |
376 |
26 |
34 |
82 |
164 |
246 |
327 |
409 |
27 |
33 |
90 |
178 |
268 |
356 |
446 |
28 |
32 |
97 |
194 |
292 |
388 |
485 |
29 |
31 |
106 |
212 |
318 |
423 |
529 |
30 |
30 |
116 |
231 |
347 |
462 |
577 |
31 |
29 |
126 |
252 |
379 |
504 |
630 |
32 |
28 |
138 |
276 |
414 |
551 |
689 |
33 |
27 |
151 |
302 |
453 |
602 |
752 |
34 |
26 |
165 |
330 |
495 |
659 |
824 |
35 |
25 |
181 |
362 |
543 |
722 |
902 |
36 |
24 |
198 |
396 |
594 |
792 |
990 |
37 |
23 |
218 |
436 |
654 |
870 |
1,087 |
38 |
22 |
240 |
480 |
720 |
957 |
1,196 |
39 |
21 |
264 |
528 |
792 |
1,054 |
1,318 |
40 |
20 |
291 |
582 |
873 |
1,164 |
1,454 |
Very well written blog. Atal Pension Yojana really great for unorganized sector of India as well as for suffering from illness. This scheme have so many advantages to make assured future to ageing Indians while at the same time boost the culture of savings and investment among the lower and lower-middle-class part of the society.