Secure Your
Golden Years.
The Atal Pension Yojana (APY) provides a guaranteed monthly pension for workers in the unorganised sector, ensuring dignity and financial independence after 60.
Key Benefits
- Guaranteed Pension: ₹1000 - ₹5000
- Government Co-contribution
- Return of Corpus to Nominee
Who can Join?
All bank account holders ( excluding ITR payers) aged 18 to 40 years. Specially targeted at the unorganised sector.
Contribution
Minimum 20 years of contribution required. Lower premiums for early joiners.
Vesting Age
Pension starts exactly at age 60. Accumulated corpus is returned to nominee on death.
Contribution Estimator
Select your entry age to see monthly contribution for various pension slabs.
Pension ₹1000
₹42
Per Month
Pension ₹2000
₹84
Per Month
Pension ₹3000
₹126
Per Month
Pension ₹4000
₹168
Per Month
Pension ₹5000
₹210
Per Month
Government Support
Fixed Pension Guarantee: The Govt. ensures the pension amount regardless of market fluctuations.
Administrative Cost: Government reimburses promotional and development activities to keep subscriber costs low.
Exit & Withdrawal
Normal Exit (Age 60)
Submit request to the bank to start receiving guaranteed monthly pension.
Exceptional Exit
Permitted only due to Death or Terminal Disease. Full corpus is returned to the subscriber/nominee.
Voluntary Exit (Before 60)
Only personal contributions + interest (minus charges) are refunded. Govt. co-contribution is forfeited.
How to Close/Exit the Account?
Submit the Account Closure form to your Base Branch with a valid reason.
Branch verifies signature and provides an acknowledgement slip.
Request is routed via Regional Office to Head Office for final redemption to your bank account.