Atal Pension Yojana List 2021 [Status] APY Scheme Apply Online, Chart Pension Status

Atal Pension Yojana List 2021| The Government provides various schemes for the betterment of the citizen. Considering a good future for the old age citizens of the country the Government has launched bunch of schemes which have different criteria and objectives. However, all the schemes are meant for the citizen of India. To have a fixed source of income for the people working in unorganized section after retirement the Swavalamban Scheme was launched. The scheme is now inactive w.e.f 1st April 2015.

As we know that most of the PSU’s didn’t offer any pension to their employee after retirement. Therefore, the Government has mandate the provision of maintaining a provident fund on which there will be a contribution of the employer and Employee. In the Employee Pension Scheme, 8.33% goes to the employee pf which comes from the total of 12% that is from employer share. Thus, APY is an wonderful scheme to avail pension after retirement.

The yojana which took the place of Swavalamban Scheme is now Atal Pension yojana. The yojana was in to effect from 1st June 2015 just after a month from the closure of Swavalamban Scheme. Atal pension yojana has more benefits as compared to the Swavalamban Scheme. Basically, it can be assumed that the Atal pension yojana is an upgraded version of the Swavalamban Scheme. In this article, we will be providing you the complete details about the Atal pension yojana List 2021, Status of APY Scheme, Apply Online, Chart Pension Status and much more.

Atal Pension Yojana 2020

अटल पेंशन योजना: मोदी सरकार ने अटल पेंशन योजना को मई 2015 में शुरू किया था। यह पेंशन स्कीम असंगठित क्षेत्रों में काम करने वाले लोगों के लिये लायी गयी थी, इससे पहले असंगठित क्षेत्र में कार्यरत लोगों के लिए इस प्रकार की कोई योजना नहीं थी। अटल पेंशन योजना (APY) के लिए कोई भी भारतीय आदमी आवेदन कर सकता है,अटल पेंशन योजना (APY) में आवेदन करने के लिए आपके पास बैंक खाता और आधार कार्ड होना जरूरी है। अटल पेंशन योजना में निवेश करने वाले व्यक्ति की असमय मृत्यु हो जाने पर पेंशन का लाभ उसकी पत्नी को मिलेगा। Atal Pension Yojana से सम्बंधित सारी जानकारी आपको यहां विस्तृत रूप से बताई गयी है।

Under Atal Pension scheme, a guaranteed minimum monthly pension of Rs.1000/-, Rs.2000/-, Rs.3000/-, Rs.4000/- and Rs.5000/- will be provided to the subscribers on the basis of the contribution made by them. Atal Pension is launched with an aim to provide retirement benefits to the workers in the unorganized sectors. On contributing to this scheme, they can save their retirement. 

Atal Pension Yojana Eligibility

In order to become the subscriber of Atal Pension Yojana, one must fulfill the eligibility criteria-

• Subscriber should be an Indian citizen.
• Prospective applicants must have age between 18 years to 40 years.
• He/she should have a saving bank account or have to open bank account.
• Applicants should have a valid mobile no. and all its details should be furnished to the bank at the time of registration.  

अटल पेंशन योजना (एपीवाई) के भीतर 60 वर्ष की आयु के पश्चात रू.1000, रु.2000, रु.3000, रु.4000, रु.5000 प्रतिमाह की पेंशन प्रदान करने की गारंटी है।

Benefits of APY Scheme

The APY has huge benefits for the individuals availing it. The details of the important benefits of the Atal Pension Yojana are provided below.

• The pension is guaranteed by the Government of India.
• Subscriber of APY gets a guaranteed pension of Rs.1000/- to Rs.5000/- per month.
•  Under this scheme, subscribers can also increase or decrease pension amount once a year, during accumulation phase.
• Scheme is not only beneficial for the subscriber, but also for his/her spouse. In case of death of the subscriber, the spouse will be entitled for the pension. In case of demise of both subscriber and spouse, the nominee will be entitled to get the same pension.  
• The tax benefits under this scheme are same as applicable under NPS (National Payment Scheme).
• APY is also beneficial as government also co-contribute Rs.1000/- per year or 50% of the total contribution whichever is low. 
• The schemes is also a good alternative to save the tax as no tax is imposed over the amount. Also, You will get income tax rebate on whatever amount you deposit in APY account. For this, the receipt of the deposit in the account has to be shown.

Who is not Eligible for Receiving Government’s co-coordination under APY?

Beneficiary of any statutory social security schemes are not eligible to receive the benefit of Government co-contribution under APY. Below, we have shared some of the enactments for which government’s co-coordination is not provided-

• Employees’ Provident Fund & Miscellaneous Provision Act, 1952.
• The Coal Mines Provident Fund and Miscellaneous Provision Act, 1948.
• Seamen’s’ Provident Fund Act, 1966.
• Assam Tea Plantation Provident Fund and Miscellaneous Provision, 1955.
• Jammu Kashmir Employees’ Provident Fund & Miscellaneous Provision Act, 1961.
• Any other statutory social security scheme.

एपीवाई खाता खोलने की प्रक्रिया

• बैंक या पोस्ट ऑफिस जाएँ जहां आपका कोई भी बचत बैंक खाता है,अगर कोई बैंक खाता नहीं है तो नया बचत बैंक खाता खोलें।
• अब बैंक या डाकघर बचत बैंक खाता संख्या उपलब्ध होने के बाद बैंक कर्मचारियों की सहायता से एपीवाई पंजीकरण फार्म भरें।
• आधारनम्बर मोबाइल नंबर भी फॉर्म में मांगे जाते हैं । यह अनिवार्य नहीं है लेकिन योजना से तथा आपके निवेश से जुडी सभी सूचनाएं आपको मोबाईल नम्बर पर sms के माध्यम से भेजी जाएँगी।
• अब आपका पंजीकरण अटल पेंशन योजना के लिए कर लिया जायेगा।
• अब यह सुनिश्चित करें की मासिक/तिमाही/छमाही जिस भी प्रकार का आपने योजना का पैकेज लिया है आपके बचत बैंक खाता/डाकघर बचत बैंक खाते में उतने रूपये जरूर हों।

Overview of Atal Yojana

Pension Fund Regulatory and Development Authority (PFRDA) is the government body that administers the APY under the National Pension Scheme Architecture. The investment guidelines for this scheme are prescribed by the Ministry of Finance, Government of India.

AYP is basically a Social Security Scheme that was launched as a replacement to a pre-existing Swavalamban Yojana. APY scheme is open to all the bank accounts.

Name of the scheme	Atal Pension Yojana (APY)
Article category	Information
Administered by	Pension Fund Regulatory and Development Authority (PFRDA)
Population covered	Unorganized sector
Launch year	2015
Status	Active
PFRDA website	www.pfrda.org.in
Age limit Eligibility	18-42
Location	PAN India

Highlights of अटल पेंशन योजना

• भारत सरकात द्वारा प्रदान की गयी इस योजना में न्यूनतम मासिक धनराशि की गारंटी है। आवेदक अपनी जमा धनराशि के आधार पर १०००/- से ५०००/- तक की मासिक पेंशन हासिल कर सकते हैं।
• भारत सरकार द्वारा आवेदक के योगदान पर ५०% सह-योगदान करेगा। यह योगदान सिर्फ उन आवेदकों को दिया जायेगा जो वैधानिक सामाजिक सुरक्षा कवर या आयकर दाता नहीं है।
• भारत सरकार सभी पात्र आवेदकों को सह-योगदान की सुविधा प्रदान करेगा जिसकी अवधि ५ साल तक की है। जिन आवेदको ने 1st June, 2015 to 31st December, 2015 वो इस सुविधा के पात्र होंगे। सभी ग्राहकों के लिए APY 5 वर्ष से अधिक नहीं होगा जिसमें प्रवासी स्वावलंबन के लाभार्थी शामिल हैं।

How is NPS different than APY?

NPS which stands for the National Pension Scheme is an government funded pension scheme which provides the pension to the applicant who have enrolled in the scheme. The scheme is somewhat similar to that of the APY. However, there are some points in which the NPS and APY can be easily differentiated. Applicants can avail for both the account. Before availing then scheme, have a look over the major differences between NPS an APY.

APY Contribution Chart

The APY contribution charts depicts the complete information about the entry age for the scheme along with years of contribution. The contribution years is inversely proportional to the month/quarterly/yearly contribution. To know more about the contribution period in the scheme to attain the monthly pension of 1000/-, 2000/-, 4000/- and 5000/- please refer to the table provided below.

Age of entry	Years of contribution	Monthly pension of Rs.1000/-	Monthly pension of Rs.2000/-	Monthly pension of Rs.3000/-	Monthly pension of Rs.4000/-	Monthly pension of Rs.5000/-
18	42	42	84	126	168	210
19	41	46	92	138	183	224
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

Contribution, pension, entry age etc. in detail at different stages.

Steps for atal pension yojana online apply

To enrol for Atal Pension Yojna (APY) account, applicant have to follows an easy procedure. The step-by-step guide is given below-

1. Approach the bank branch where applicant’s savings account is held. In case applicant have not an account he/she can open one.
2. Fill the APY application form.
3. Provide Aadhar card/ mobile number.
4. Complete all the other formalities.
5. Once account is opened, subscriber must ensure that there is minimum required balance in the account for the transfer monthly contribution for this scheme.      

Apart from this, applicants can also fill APY registration form and enroll them by using net banking. Subscriber can open only account under his/her name. At the time of application, it is mandatory for subscribers to furnish the details of the nominee wherever applicable in APY account. They also have to provide their Aadhaar details.  

After successful enrolment, periodic statements will be provided to the subscribers as part of intimation. Subscriber will receive statements of account in the form of SMS alert as well as in physical form.

Withdrawal of APY

The applicant who wants to discontinue the scheme can refer to the following conditions which provides adequate details to withdraw APY.

• Subscriber attains the age of 60 years

Subscriber can exit from APY on the completion of 60 years. After that pension will be made available to the subscriber with 100% annuitization.  

• Death of subscriber

In case of death of the subscriber, the return of corpus () will be made available to the spouse. And if both subscriber die, the pension amount will be given to the nominee.

• Exit before the age of 60 years

Yes, voluntary retirement before the age of 60 years is allowed under APY. The contribution made by the subscriber to APY will be calculated and the original interest earned on the sum will be provided to the applicant.

Atal Pension Yojana Penalty for Default

The saving account under APY will be considered default if sufficient balance will not be maintained for contribution on due date. In such situation, bank will charge extra amount for delayed payments.

The additional amount that will collected from the account holder is shared below-

• One rupee per month for the contribution up to Rs.100/- per month.
• Two rupee per month for contribution between Rs.101 to 500/- per month.
• Five rupee per month for contribution of Rs.501/- to Rs.1000/- per month.
• Rs.10/- per month for contribution more than Rs.1001/- per month.

Atal Pension Scheme Discontinuation of payment  

Subscribers must ensure that their APY account is funded enough for auto debit of contribution amount. Otherwise, subscribers will face following issues if there is a discontinuation of payments of contribution amount-  

• After 6 months, APY account will freeze
• After 12 months, APY account will be deactivated
• After 12 months, APY account will be closed

Process of APY Clearance?

To avail the guaranteed minimum monthly pension the applicant has to submit a request in concerned bank / post office. After the successful request is submitted to the subscriber, Monthly pension will be received on the basis of contribution. After the death of the subscriber, the monthly pension will be payable to the husband / wife (default mortgage). After the death of both the defaulters, the principal will be eligible to receive pension code up to the age of 60 years of the original provider.

APY Mobile Application

Mobile application version which contains all the information about APY can be easily downloaded from the link given below. The mobile application has now been loaded with additional features that includes Registration in APY, APY Information/Services, APY Pension Calculator, APY Ki Pathshala. The mobile version provide much more information about the APY Portal in systematic way.

The application is available on play store and can be downloaded through the direct links given below.

Download the Atal Pension Yojana Mobile Application (For Anroid)

Download the Atal Pension Yojana Mobile Application (For App Store)

Swavalamban Yojana and Atal Pension Yojana

Atal Pension Yojana is a replacement of Swavalamban Yojana with additional features. The registered users/ subscriber of Swavalamban Yojana aged between 18 -40 years were migrated to APY scheme. However, it was all upon the subscribers (of age beyond 40 years) whether they want to opt-out Swavalamban Scheme with the withdrawal of lump-sum amount or to continue till the age of 60 years. 

How to track my Atal Pension Contribution?

The details of the contribution made for the APY can be known through SMS which will be provided by the NSDL. Once the payment is received, applicant will get the notification about the contribution through SMS. Applicants can also download the mobile application to know about the total contribution made by them. The details of the contribution statement pdf can also be collected from the application. The mobile application will also provide updates about the Atal Pension Yojana.

Important Link

The table contains all the important links along with the necessary forms required by the applicant to enroll for the Atal Pension Yojana. Please go through the details below.

Apply Online	Click Here
Subscriber Registration	APY Subscriber Registration Form APY Subscriber Registration Form – Swavalamban Yojana Subscribers
Subscriber Maintenance	Subscriber details Modification and Change of APY-SP Form Form to upgrade / downgrade pension amount under APY
Withdrawal and Continuation	APY Death & Spouse Continuation Form Voluntary Exit APY Withdrawal Form
Service Provider Registration	APY Application for Banks to be registered under Atal Pension Yojana APY – Service Provider Registration Form
Grievance	Subcriber Grievance Registration(G1) Form for APY Subscriber APY Common Grievance

Atal Pension Yojana FAQs

Atal Pension Yojana Toll-Free- 1800-110-069