Atal Pension Yojana (APY)

The Government of India is concerned about the old age income security of the working poor and is focused on encouraging and enabling them to save for their retirement. To address the longevity risks among the workers in unorganized sector and to encourage the workers in unorganized sector to voluntarily save for their retirement.

In order to be eligible to open an account under APY, individuals:

• Should be an Indian Citizen
• Age limit should be between 18-40 years
• Should have a valid Aadhaar number and mobile number
• Individuals should have a valid bank account.