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Atal Pension Yojna 2015 – APY Scheme Details

Atal Pension Yojna 2015 – APY Scheme Details

Atal Pension Yojna was launched on 9th May 2015. Atal Pension Yojana is a formal pension scheme. Atal Pension Yojana 2015 is open to all bank account holders who are not members of any statutory social security scheme.

The minimum age of joining Atal Pension Yojna 2015 is 18 years and maximum age is 40 years. One needs to contribute till one attains 60 years of age. This Scheme offer Minimum Investments, Maximum Benefits during old age.

Insurance period of 5 years from 2015 – 16 to 2019 – 20

A pension provides people with a monthly income when they are no longer earning. A Subscriber receives pension based on accumulated giving out of his current income.

Atal Pension Yojna Scheme (APY), the subscribers, under the age of 40 would receive the fixed monthly pension of Rs 1000 to Rs 5000 at the age of 60 years, depending on their contributions.

Atal Pension Yojna 2015 APY Scheme Details

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