Atal Pension Yojana (Earn Rs. 5000/month fixed pension by investing only Rs. 210/month)

Atal Pension Yojana


The Government of India announced the introduction of universal social security schemes in the Insurance and Pension sectors for all Indians, specially the poor and the under-privileged, in the Budget for the year 2015-16. Therefore, it has been announced that the Government will launch the Atal Pension Yojana (APY), which will provide a defined pension, depending on the contribution, and its period. The APY will be focussed on all citizens in the unorganised sector, who join the National Pension System (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA). Under the APY, the subscribers would receive the fixed minimum pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their contributions, which itself would be based on the age of joining the APY. And this scheme was launched on 1st June 2015.
Investing in this scheme will ensure yours, your spouse’s and your children’s future  

Factors to know

1. Must be a Indian citizen
2. Entry age – 18 to 40 years
3. Subscriber can join APY through a bank branch/post-office.  And it is mandatory to provide nomination and if married then - spouse details in APY account.
4. Contributions can be made on Monthly or Quarterly or Half yearly basis through auto debit facility from savings Bank account

There are following three benefits which one can alive by contributing to APY

Following table will let you know how much one could invest monthly to get pension according to their requirement (Rs. 1000, 2000, 3000, 4000 or 5000)

Exit from APY  

  1. Exit before 60 years of age is not permitted, however, it is permitted only in exceptional circumstances, i.e., in the event of the death of beneficiary or terminal disease.
  2. Exit due to Death:  The claimant may submit the duly filled “APY Closure Form (Death)” along with a copy of the death certificate to the concerned APY-SP branch. On death of the APY account subscriber, the monthly guaranteed pension shall be payable to the spouse of the subscriber and in the absence or subsequent death of the spouse, the pension corpus as per the pension plan subscribed shall be payable to the nominee of the subscriber. The nominee has to be someone else other than the spouse of the subscriber.
  3. On death of the subscriber before 60 years, spouse has the option to continue the contribution in the APY account of subscriber, which can be maintained in the spouse’s name, for the remaining vesting time, till the time original subscriber would have attained 60 years of age or she can close the account and the corpus amount will be given to her.

It’s a very good scheme launched by Government of India, as per my opinion every individual who are eligible should opt this scheme.


  1. Detail info in simple language about APY

  2. I am interested but need detail information

    1. Let me know
      What kind of information you need?

  3. Good option for those who are interested in investment but can't invest more. Good job.


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