Atal Pension Yojanas for those Indian people who do not fall under the purview of income tax. By contributing under this scheme till the age of 60, they can arrange for a monthly pension in old age. Pension from Rs 1,000 to Rs 5,000 can be taken under APY. How much pension you will get depends on your contribution. If your age is between 18 to 40 years and you are not a taxpayer, then you can also get registered under this scheme. Understand here what you have to do.
Read More: SBI Education Loan: Get Affordable Student Loans for Higher Studies with Low Interest!
How to apply
You can apply for the Atal Pension Yojana both online and offline. To apply offline, you have to go to the bank and fill out the form. On the other hand, you can apply online through net banking. For this, log in to net banking and search APY. After filling in your details in the application form, submit the form and approve auto debit, so that the premium is automatically deducted from the account every month. Do not forget to give the nominee details in the form.
Read More: Is your FD really safe? Know insurance coverage for your deposits with IndusInd and other banks
This is also the way to apply.
First, go to the website https://enps.nsdl.com/eNPS/NationalPensionSystem.html.
From here you go to the Atal Pension Yojana tab and click on APY Registration.
Fill out the New Registration form and click on Continue.
After filling out the form, fill in your details in Complete Pending Registration and complete KYC.
After this, Acknowledgement Number will be generated.
Choose how much pension you want after the age of 60.
Also tell how to deduct the installment monthly, quarterly, half-yearly, or yearly.
After this, fill out the nominee form correctly.
Read More: SBI lending rates March 2025: Check the latest MCLR, base rate, and home loan interest rates
After completing the process, you will come to the design tab on the NSDL website.
After the Aadhaar OTP is verified, you will be connected to this scheme.
These documents will be required.
Age proof like birth certificate, tenth mark sheet, driving license, Aadhaar card, etc.
Certificate of Indian citizenship
Bank account number and branch information
APY Registration Form
Aadhaar card
Disclaimer: This content has been sourced and edited from Zee Business. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
