What is Atal Pension Yojana?

It is a retirement pension scheme by the government.
You will get rupees 1000-5000 per month after retirement.
It is a risk free investment
Based on pension plan chosen, you should make regular monthly deposits.
Anyone in the age group of 18-40 can get APY.
This scheme is mostly for those working in the unorganized sector

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Find out which professions fall under unorganised sector. Click here

To know more about APY, look at the table given below:

Amount needed to open APY	₹50 to ₹1500 monthly
Lock-in period	Cannot withdraw until retirement, Nominee can withdraw before retirement in case of death of subscriber.

Pro Tip

After you have invested for atleast 3 years, we can withdraw up to 25% for children’s wedding, house contruction, higher education and medical expenses of self/family.

You can withdraw three times with a gap of five years from one withdrawal to the next

To track your progress

What is Atal Pension Yojana?

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Pro Tip

Quiz

In the next section, we'll learn how to get an APY