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Monday, June 24, 2019

Atal Pension Yojana( APY)


Atal Pension Yojana( APY)

Atal Pension Yojana (APY) is one of the Social Security Schemes in the insurance & pension sector launched by the Govt. of India for all Indians to provide a defined pension between Rs. 1,000/- to Rs. 5,000/- depending on the contribution & its period.
Atal Pension Yojana (APY)

Tax Benefit:

Tax benefit under Sec. 80 CCD for the contributions made.Guaranteed Pension: Guaranteed minimum pension of Rs.1,000/- to Rs.5,000/- per month. If the actual returns on the pension contributions are higher then the pension will also be higher.


Atal Pension Yojana Eligibility 

Any Citizen of India.
Age between 18 years to 40 years.
Applicant should be KYC compliant.
Applicant should not have a pre-existing APY Account

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