Atal Pesion Yojana Details | Atal Pension Yojana

Atal Pension Yojana| Atal Pension  Yojana Details | APY Benefits

Atal Pension Yojana Details: Atal Pension Yojana was launched by the Narendra Modi government of India in 2015. This pension scheme was introduced for people working in unorganized sectors, before this there was no such scheme for people working in unorganized sector.By investing in APY, you get regular income to spend after retirement.

This scheme, the central government will give you and your spouse minimum lifetime pension Guarantees.  Any Indian man can apply for Atal Pension Yojana (APY), to apply for Atal Pension Yojana (APY) you have to have a bank account and Aadhaar card. After the untimely death of a person investing in the Atal Pension Yojana, Atal Pension Yojana Benefits, Atal Pension Scheme all the information related to Atal Pension Yojana Details provide here.

Objective of Atal Pension Yojana 2020

The main objective of this scheme is to secure the future by giving pension to the workers of unorganized sectors and to make them self-reliant. It is a social security Atal Pension Yojana (details) which aims to provide social security to the beneficiaries joining the scheme. People have to be empowered through Atal Pension Yojana.

Atal Pension yojana Details Overview

Name of the scheme	Atal Pension Yojana
Launched Year 2	2015
Started by	Central Government
Purpose	Pension

Complete information about Atal Pension Yojana (Atal Pension Yojana Details)

1. If you invest in the Atal Pension Yojana, then from the age of 60 till death you will get a pension of Rs 1,000 to Rs 5,000 per month.
2. Pension will be Rs 1,000, 2,000, 3,000, 4,000 or 5,000 rupees per month.
3. How much pension will be given now, it will depend on your contribution to your plan before 60 years. We will discuss this in detail later.
4. Note that the government has guaranteed this pension. You will get so much pension But you get better returns on your contribution, then you can get more pension.
5. After the death of the investor, the spouse will continue to get this pension. After the death of the wife (or husband), whatever amount was in your pension fund at the age of 60 will be given
   to your nominee.

Atal Pension Yojana Benefits

1. Indian people  only avail this scheme
2. Under Atal Pension Yojana, a month to month benefits running from Rs 1000 to Rs 5000 will be given by the Central Government of india simply after the consummation of 60 years old. 
3. The annuity sum under Atal Pension Yojana will be given uniquely based on venture and age made by the recipients. 
4. Like PF account, the administration will add to this annuity conspire all alone. 
5. In the event that you need a benefits of 1000 rupees consistently and you are 18 years of age, at that point you need to pay a premium of Rs 210 consistently for a long time. 
6. Simultaneously, individuals matured 40 years should pay a premium extending from Rs 297 to Rs 1,454, at exactly that point they can benefit APY 2020.

Penalty for default 

Under APY, the individual subscribers shall have an option to make the contribution on a monthly basis. Banks are required to collect additional amount for delayed amount payments, such amount will vary from minimum Rs. 1,2,5, 10 per months.

Per month as shown below:

      • Rs. 1 contribution upto Rs. 100 per month.

      • Rs. 2 contribution upto Rs. 101 to 500/- per month.

      • Rs. 5 contribution between Rs 501/- to 1000/- per month.

      • Rs. 10 contribution beyond Rs 1000 to above per month.

The fixed amount of penalty will remain as part of the pension corpus of the subscriber.

Discontinuation of payments of contribution amount shall lead.

       • Account will be frozen after 6 months.

       • Account will be deactivated after 22 months .

       • APY account will be closed after 24 months. 

Documents of Atal Pension Yojana Eligibility

1. Applicant must be an Indian citizen
2. The age of the candidate should be 18 to 40 years
3. Applicant should have bank account.
4. Applicant's Aadhar Card
5. mobile number
6. identity card
7. Proof of permanent address
8. Passport size photo

Atal Pension Scheme age limit

1. Minimum Entry Age: 18 years
2. Maximum entry age: 40 years

Atal Pension Scheme chart

Entry age	Number of years of contributions	Monthly pension of Rs.1,000	Monthly pension of Rs.2,000	Monthly pension of Rs.3,000	Monthly pension of Rs.4,000	Monthly pension of Rs.5000
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	1,087
38	22	240	480	720	957	1,196
39	21	264	528	792	1,054	1,318

                             

                

                 DL Apply Online

                 PM Kishan Samman Nidhi Yojana

Atal Pension Yojana online apply

If you want to open Atal Pension Yojana online, Atal Pension Account online visit the official website through the NSDL portal.For this you have to have an Aadhaar card. Read this post to know more about the process of opening an APY account online.

How to Apply Atal Pension Scheme

Follow these steps to avail the Atal Pension Yojana benefits

1. You can visit any of these banks to start your APY account.
2. Atal Pension Yojana forms are available online and at the bank. You can download the  APY form from the official website.
3. The application form fill up and submit it to your bank.
4. Provide a valid mobile number
5. Submit a photocopy of  Aadhaar card.
6. You will be sent a confirmation message when the application is approved.

We hope that you will find information related to Atal Pension Yojana Details In this article, we have tried to answer all the questions you ask.