Atal Pension Yojana (APY) Overview
Eligibility & Administration
APY is available to all Indian citizens with savings bank account in banks or Department of Posts.
The minimum age of joining APY is 18 years and maximum age is 40 years.
Provided that from 1st October,2022, any citizen who is or has been an income-tax payer, is not eligible to join APY.
APY is being administered by the Pension Fund Regulatory and Development Authority (PFRDA) under the overall administrative and institutional architecture of the National Pension System (NPS),. The scheme is being implemented through Public Sector Banks, Private Banks, Regional Rural Banks, Small Finance Banks, Payments Banks, Co-operative Banks and Department of Posts.
Features of APY
APY is a voluntary, periodic contribution based pension system, Under which, the subscriber is entitled to receive the following benefits (also called the triple benefits):
1. Central Government Guaranteed Minimum Pension Amount
Each subscriber under APY shall receive a Central Government guaranteed minimum pension of Rs. 1000 per month or Rs. 2000 per month or Rs. 3000 per month or Rs. 4000 per month or Rs. 5000 per month, after the age of 60 years until death.
2. Central Government Guaranteed Minimum Pension Amount to the Spouse
After the subscriber’s demise, the spouse of the subscriber shall be entitled to receive the same pension amount as that of the subscriber until the death of the spouse.
3. Return of the Pension Wealth to the Nominee of the Subscriber
After the demise of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till age 60 of the subscriber.
The subscribers are required to contribute the prescribed contribution amount from the age of joining APY till age 60 to enjoy the triple benefits.
Join APY
An APY account can be opened by filling out the APY Registration Form, which is available at bank branches and post offices. After filling it out, submit the form to the corresponding bank branch or post office.
Alternatively, an interested subscriber can join online through eAPY. Click Here to open account online.
APY Reports
Accessing APY Dashboard MIS: A Step-by-Step Guide
For APY-SPs: https://apy.nps-proteantech.in/CRAlite/
The APY Dashboard MIS (in summary form) is now available in the APY SPs login. APY SPs are requested to download the APY Dashboard MIS from the Dashboard Menu. Follow these steps to download the MIS:
1. Login: APY Dashboard Login
2. Enter User ID and Password
3. Navigate to Dashboard Menu: Go to Manual MIS report and select Download the Report
4. Open the Excel File: After downloading, open the file by entering the NLOO Reg. No allotted to your APY POP office. Ensure you use an upgraded version of MS Excel (.xlsx or .xlsb) if the screen appears blank.
For SLBC/UTLBCs: https://apy.nps-proteantech.in/CRAlite/
SLBC/UTLBCs and LDMs can access various APY reports for better monitoring at APY Dashboard using the User ID and Password provided in individual emails sent to SLBC/UTLBC/LDM.
APY Social Media
Social Media Links of the APY Advertisement Video
X: https://x.com/PFRDAOfficial
Facebook: https://www.facebook.com/OfficialAPY/posts/725638848069967
Instagram: https://www.intagram.com/apyindia/
Toll Free No:
1800 110 069