Astrovala
Atal Pension Yojana (APY)
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A pension scheme for workers in the unorganized sector.

What is it?

A pension scheme for workers in the unorganized sector.

Eligibility

  • Indian citizen.
  • Savings Bank Account holder.
  • Aadhaar linked account recommended.

Age Limit

  • Entry age: 18–40 years.

Documents Required

  • Aadhaar Card
  • Bank Account
  • Mobile Number

Fees / Contribution

  • Monthly contribution depends on:
    • Entry age
    • Desired pension amount
  • Pension options:
    • ₹1,000
    • ₹2,000
    • ₹3,000
    • ₹4,000
    • ₹5,000 per month after age 60.

Benefits

  • Guaranteed pension after 60 years.
  • Financial security in old age.
  • Pension to spouse after subscriber's death.