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Atal Pension Yojana (APY), a pension scheme for citizens of India is focused on the unorganized sector workers. Under the APY, guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.
Atal Pension Yojana (APY) Notification dated 16th October 2015. “Click Here" for Aadhaar Seeding of APY Subscribers. Aadhaar Authentication for APY-SPs.
Atal Pension Yojana, APY scheme aims to provide pension benefits and social security to the people working in unorganized sector with a minimum contribution per month. Read on to know about APY Online Scheme, eligibility and benefits.
The Atal Pension Yojana (APY) is a government-sponsored guaranteed pension scheme with a monthly income range between Rs. 1000 and Rs. 500.
Atal Pension Yojana (APY) is an old age income security scheme for a savings account holder in the age group of 18-40 years, who is not an income tax-payee. It helps to address longevity risks among workers in unorganized sector and encourages the workers to voluntarily save for retirement.
Atal Pension Yojana (APY) - Details of the Scheme. Introduction. ecurity Schemes pertaining to the Insurance and Pension Sectors. In this direction, the Atal Pension Yojana was launched on 9th May 20. Benefits of APY.
Open Atal Pension Yojana (APY) account in 3 simple steps and get a guaranteed pension after 60 years of age.
Atal Pension Yojana (APY, translation: Atal's Pension Scheme ), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme) is a government-backed pension scheme in India, primarily targeted at the unorganised sector. It was mentioned in the year 2015 Budget speech by the Finance Minister Arun Jaitley. [1] .
A Pension provides a monthly income to the people during their unproductive years. Need for Pension: Decreased income earning potential with age. The rise of nuclear Family. Migration of earning members. Rise in cost of living. Increased longevity. Dignified life in the old age due to less financial dependence.
Jan 19, 2023 · The Atal Pension Yojana is a voluntary retirement scheme for low-to-mid income individuals who have attained 18 to 40 years of age, wherein the government contributes 50% of the deposit...
