Atal Pension Yojana
Atal Pension Yojana – Eligibility
- Should be an Indian citizen.
- Atal Pension Yojana (APY) is open to all bank account holders.
- The scheme is available to any citizen of India with Age 18-40 Years.
- Having bank account linked with Aadhaar.
- 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 year. - Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber.
Atal Pension Yojana – Benefits
- The contributor on his choice, can attain a pension of 1000-5000 rupees, or he can also get an accumulated sum of the pension after his death.
- The accumulated amount will be given to the spouse or if the spouse is dead as well then to the nominee.
Age of Entry | Years of Contribution | Monthly pension of Rs. 1000 and Indicative return of corpus to the nominee of Rs1.7 Lakh. | Monthly pension of Rs. 2000 and indicative return of corpus to the nominee of Rs.3.4 Lakh. | Monthly pension of Rs. 3000 and indicative return of corpus to the nominee of Rs.5.1 Lakh. | Monthly pension of Rs. 4000 and indicative return of corpus to the nominee of Rs.6.8 Lakh. | Monthly pension of Rs. 5000 and indicative return of corpus to the nominee of Rs.8.5 Lakh. |
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 | 1087 |
38 | 22 | 240 | 480 | 720 | 957 | 1196 |
39 | 21 | 264 | 528 | 792 | 1054 | 1318 |
40 | 20 | 291 | 582 | 873 | 1164 | 1454 |