What is Atal Pension Yojana?

The Government of India is concerned about the safety of the old age income of the working poor and focuses on promoting and saving them for retirement.

To address the life span risks among the workers in the uncontrolled division and to energize the workers in a sloppy area to put something aside for their retirement deliberately.

The GoI has, in this manner, reported another plan called Atal Pension Yojana (APY) in 2015-16 spending plans. The APY is centered on all residents in the chaotic area.

The plan is managed by the Pension Fund Regulatory and Development Authority (PFRDA) through NPS design.

Atal Pension Yojana Calculators

The Central Government has been running the Government Supported Pension Scheme as Atal Pension Yojana earlier known as Swavalamban Yojana for the people working in the unorganized sector.

Under this scheme, all the customers who register will be given a monthly pension between Rs 1,000 and Rs 5,000 after retirement.

This scheme is a very beneficial social security scheme for people working in the unorganized sector.

After the demise of the account holder, the companion will be qualified to get the same annuity sum, until the passing. After the death of a supporter life partner, the candidate will get the aggregate amount earned by the account holder.

Atal Pension Yojana Calculator is divided into five parts for the people, the sooner you join the Atal Pension Yojana (APY), and you will get more benefits.

To get a lifetime pension after retirement, you have to invest in APY for a few years only. Along with your investment, the government also contributes on behalf of the Atal Pension Yojana (APY).

Highlights of Atal Pension Yojana

Under the APY, there is ensured least month to month benefits for the supporters extending between Rs. 1000 and Rs. 5000 every month.

The GoI would ensure the advantage of the least annuity.

GoI will likewise co-contribute half of the endorser’s commitment or Rs. 1000 for each annum, whichever is lower. Government co-commitment is accessible for individuals who are not secured by any Statutory Social Security Schemes and isn’t a personal citizen.

GoI will co-add to each qualified supporter, for a time of 5 years who joins the plan between the periods first June 2015 to 31st December 2015. The advantage of five years of government Co-commitment under APY would not surpass five years for all endorsers, including moved Swavalamban recipients.

All ledger holders may join APY.

Atal Pension Yojana


APY is appropriate to all resident of India matured between 18-40 years.

Aadhaar will be an essential KYC. Aadhaar and portable numbers are prescribed to be gotten from endorsers for the simplicity of the activity of the plan.

If not accessible at the hour of enrollment, Aadhaar subtleties may likewise be submitted later stage.


On lining the age of 60 years: The departure from APY is allowed at the period with 100% of annuity riches. On leave, benefits would be accessible to the supporter.

If there takes an occurrence of death of the Subscriber because of any reason, in that event of the end of endorser annuity would be accessible to the companion. On the demise of the two, the benefits corpus would have come back to his candidate.

Charges for default:

Banks are required to gather extra sum for deferred installments; such amount will differ from least Re 1 every month to Rs 10/ – every month as demonstrated as follows:

  • Re one every month for a commitment up to Rs 100 every month.
  • Re two every month for a commitment up to Rs 101 to 500/ – every month.
  • Re 5 every month for commitment between Rs 501/ – to 1000/ – every month.
  • Rs 10 every month for commitment past Rs 1001/ – every month.

The fixed measure of intrigue/punishment will stay as a component of the annuity corpus of the supporter.

Important Information for Subscriber

Suspension of installments of commitment sum will prompt after:

Following a half-year record will be solidified.

Following a year record will be deactivated.

Supporter ought to guarantee that the Bank record to be financed enough for an auto charge of commitment sum.

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