PFRDA: ATAL PENSION YOJANA – BENEFITS AND FEATURES

Pension Fund Regulatory and Development Authority
First Floor, ICADR Building, Plot No 6, Institutional Area Phase II,
Vasant Kunj, New Delhi-110070

ATAL PENSION YOJANA – BENEFITS AND FEATURES

1. Anybody in the age group of 18-40 years can join !!

2. You can choose your pension plan from Rs 1,000/- to Rs 5,000/- per month.

3. Your contribution depends on your age and the pension plan you choose!

4. You can be a member of any existing PF/Pension scheme such as EPF/PPF/Govt. pension and still join APY!

5. You can be an Income tax payer and still join APY.

6. For (4) and (5) above, Govt. Co-contribution is not available but Govt. guarantee for pension will be available!

7. Govt. Co-contribution of 50% of subscribers’ contribution or Rs 1,000/- per annum, whichever is lower will be available for five years only to subscribers joining by 31st December 2015.

The monthly contribution chart for different age groups and pension amounts is given below:

 

Joining AgeYears of Contribution

Indicative Monthly Contribution under APY (Rs.)

Monthly pension of Rs. 1000. Indicative return of corpus Rs 1.70 lacsMonthly pension of Rs. 2000. Indicative return of corpus Rs3.40 lacsMonthly pension of Rs. 3000. Indicative return of corpus Rs 5.10 lacsMonthly pension of Rs. 4000. Indicative return of corpus Rs 6.80 lacsMonthly pension of Rs. 5000. Indicative return of corpus Rs 8.50 lacs
18424284126168210
19414692138183228
204050100150198248
213954108162215269
223859117177234292
233764127192254318
243670139208277346
253576151226301376
263482164246327409
273390178268356446
283297194292388485
2931106212318423529
3030116231347462577
3129126252379504630
3228138276414551689
3327151302453602752
3426165330495659824
3525181362543722902
3624198396594792990
37232184366548701,087
38222404807209571,196
39212645287921,0541,318
402029158287311641454

 

SUBMIT YOUR APPLICATION FORM AT YOUR BANK BRANCH

For more information, Please call on our APY Toll free No. 1800110069

Source: PFRDA

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