After KYC (Know Your Customer) verification, the bank will enrol you in the APY scheme. One can also apply for the Atal Pension Yojna scheme online through the net banking facility.
To link your bank account to your Aadhar.Should put in at least 20 years' contributions.Those who work in the private sector without access to pension benefits are also eligible.įollowing are the criteria to be eligible for the Atal Pension Yojana benefits. This pension’s target audience is people who work in the unorganised sector.
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But before we discuss how to use Atal Pension Yojana Calculator, let us discuss some basics of these schemes-.Ī National Pension Scheme (NPS) called the Atal Pension Yojana was unveiled in the Union Budget for 2015–2016. We use an Atal Pension Yojana Calculator to calculate how much you need to contribute per month to get the desired interest rate. This programme tries to motivate employees in unorganised sectors to set aside money for retirement. The Atal Pension Yojana (APY) is an all-inclusive social security programme set up by the Indian government to ensure the financial stability of its residents as they age.
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