Atal Pension Yojana
The ADC Bank is registered with PFRDA for NPS under All Citizen Scheme and as Aggregator for the purpose of processing APY accounts.
Individuals between the age of 18 to 40 can visit our nearest Branch with ID proof, Address Proof and Age Proof to fill the form for registration under the scheme. Saving Bank account is mandatory for subscribing under the scheme.
Features
- Atal Pension Yojana is a Social Security Scheme introduced by Govt. of India, aimed at providing a steady stream of income after the age of 60 to all citizens of India. It is based on National Pension Scheme (NPS) frame work. Permanent Retirement Account Number (PRAN) will be provided to the subscriber immediately after registration.
- Under APY scheme the subscribers have a choice to get Fixed monthly Pension amount from Rs. 1000/-, Rs.2000/-, Rs. 3000/-, Rs. 4000/- and Rs. 5000/- by paying monthly subscription. The detailed description chart is as below.
APY Contribution and Pension Chart
Pension Amount | |||||||
---|---|---|---|---|---|---|---|
Age of Entry | Years of Contribution | Contribution Amount | Rs 1000 | Rs 2000 | Rs 3000 | Rs 4000 | Rs 5000 |
18 | 42 | 42 | 84 | 126 | 168 | 210 | |
19 | 41 | 46 | 92 | 138 | 183 | 228 | |
20 | 40 | 50 | 100 | 150 | 198 | 248 | |
21 | 39 | 54 | 108 | 162 | 215 | 269 | |
22 | 38 | 59 | 117 | 177 | 234 | 292 | |
23 | 37 | 64 | 127 | 192 | 254 | 318 | |
24 | 36 | 70 | 139 | 208 | 277 | 346 | |
25 | 35 | 76 | 151 | 226 | 301 | 376 | |
26 | 34 | 82 | 164 | 246 | 327 | 409 | |
27 | 33 | 90 | 178 | 268 | 356 | 446 | |
28 | 32 | 97 | 194 | 292 | 388 | 485 | |
29 | 31 | 106 | 212 | 318 | 423 | 529 | |
30 | 30 | 116 | 231 | 347 | 462 | 577 | |
31 | 29 | 126 | 252 | 379 | 504 | 630 | |
32 | 28 | 138 | 276 | 414 | 551 | 689 | |
33 | 27 | 151 | 302 | 453 | 602 | 752 | |
34 | 26 | 165 | 330 | 495 | 659 | 824 | |
35 | 25 | 181 | 362 | 543 | 722 | 902 | |
36 | 24 | 198 | 396 | 594 | 792 | 990 | |
37 | 23 | 218 | 436 | 654 | 870 | 1087 | |
38 | 22 | 240 | 480 | 720 | 957 | 1196 | |
39 | 21 | 264 | 528 | 792 | 1054 | 1318 | |
40 | 20 | 291 | 582 | 873 | 1164 | 1454 |