Atal Pension Yojana
APY
About the Scheme
Guaranteed minimum pension of Rs 1,000 to Rs 5,000 per month after age 60 for workers in unorganized sector
Benefits
Government co-contributes 50% of contribution or Rs 1,000 per year for 5 years for early enrollees, spouse gets pension after subscriber's death
Eligibility Criteria
Age 18-40 years, savings bank account, not an income tax payer
Documents Required
Aadhaar card, savings bank account, mobile number
Step-by-Step Application Process
Frequently Asked Questions
What pension amount will I get?
Pension ranges from Rs 1,000 to Rs 5,000 per month depending on contribution amount and joining age
Can I exit the scheme before 60?
Exit before 60 is allowed only on death or terminal illness; otherwise 80% of corpus is returned
What happens after I turn 60?
Pension is credited monthly to your bank account for lifetime; spouse continues to receive pension after your death