Atal Pension Yojana 2023, Benefits, How to Apply, PDF Link, Status, List

Atal Pension Yojana 2023: The Atal Pension Yojna 2023 was earlier known as the Swavalamban Yojna of the government. The first time this scheme was launched was way back in 2015. It was an agenda of Finance Minister, Arun Jaitley to provide support to the unorganized sector. This scheme aims to aid and provide financial backup and security to the people who either do not earn or earn minimal wages.  To know everything about the Atal Pension Yojna keep reading this article as we have created the perfect guide for you on the benefits. The process to apply, Checking status, and important links.

Atal Pension Yojana 2023

The scheme is a very intelligent idea to make sure that people from India’s unorganized sectors get a chance to keep earning after they reach the age of 60. So the people need to contribute a minimal sum and they will receive a pension when they turn 60. The people who are allowed to contribute are between the ages of 14 years to 40 years. The amount contributed can be as per a person’s income. The pension later received can be INR 1000, INR 2000, INR 3000, INR 4000, or INR 5000 based on the amount contributed by the person.

The most significant factor of this scheme is that there will be contributions by the government itself. So as we know that people from a certain category only earn enough to sustain themselves and their families, so there is hardly any scope for them to save up and invest. So, considering the government will come forward and input 50% of the amount of the people who have enrolled in the scheme, and then the pension amount will be calculated.

Atal Pension Yojna Scheme 2023 Overview

Atal Pension Yojna Scheme 2023 Overview

Scheme Atal Pension Yojana
Age Limit 18 – 40 Years
Minimum Amount INR 1000
Ministry Pension fund Regulatory and Development Authority

Atal Pension Yojana – Getting Enrolled

The first step to getting enrolled is to know the amount of money you will be able to save for this scheme. And to everyone reading this we surely advise you guys to enroll and apply for the scheme at the soonest.

Now getting enrolled is a process you will not need to worry about much. Simply visit your closest bank branch and basically the branch that is your bank and has your account. Ask them to be enrolled in this scheme and they will do the required needful for you.

Once the enrollment is complete you will receive a Permanent Retirement Account Number (PRAN).  Now, remember to keep and save this number properly. This number will be carried forward when you will wish to avail the benefits of the scheme.

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Atal Pension Yojana – Checking Status

To check the status of the scheme after you have enrolled you can use your PRAN shared with you at the time of registration. The checking can be done at the official portal shared in this article. Following are the steps to check the status:

  1. Visit the official website
  2. Go to the retail participation page and click on the link that mentions APY
  3. Further, go to the APY subscriber details section followed by going to the APY account detail section
  4. Enter all the details asked in the next section including your PRAN and other details
  5. This will open the link for you to access all the details on the portal. You can see the transactions, account balances, and history all in one place.

Atal Pension Yojana – Benefits

The scheme has a number of benefits that can be very helpful to the unorganized sectors. Once you have enrolled will you be subject to multiple benefits like a regular pension from the government, tax benefits, pension corpus that can convert into insurance in case of death, and the comfort of portability?

Atal Pension Yojana
Atal Pension Yojana

Atal Pension Yojna 2023 FAQs

What is the official portal for Atal Pension Yojna 2023?

The official portal for Atal Pension Yojna 2023 can be visited at:

Where to enroll for Atal Pension Yojna 2023?

You can enroll at your nearby post office or banks for enrolling in Atal Pension Yojna 2023

Official Website

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