Atal Pension Yojana- Want to earn more money in old age? Then this government scheme will help you a lot. There are many such schemes of the central government in which investments can be made to secure the future. Atal Pension Yojana (APY) is also one such scheme. The number of shareholders of this scheme has crossed eight crores. The special thing about this scheme is that you can start with a small investment. Under the scheme, the investor gets a pension of up to Rs 5000. However, people who invest get this pension after the age of 60 years.
Atal Pension Yojana was introduced with the objective of bringing a universal social security system for all citizens of India. It is a voluntary and contributory pension scheme, primarily focused on the poor, underprivileged and unorganized sector workers. Under the scheme, subscribers can get a guaranteed monthly pension of Rs 1,000 to Rs 5,000 after the age of 60 years depending on the contribution amount.
After the death of the subscriber, the same pension is paid to his/her spouse, and after the death of both, the deposit amount is returned to the nominee. It is open to all Indian citizens in the age group of 18-40 years, except those who are or have been income tax payers.
Enrollment process: To join the scheme, a person must have a savings account in any bank or post office. Apart from this, linking Aadhaar card and mobile number is mandatory. Please note that the contribution amount is automatically deducted from the account through the auto-debit facility.
How many people joined in the current financial year
Under this scheme run by Pension Fund Regulatory and Development Authority (PFRDA), so far 39 lakh new subscribers have joined in the current financial year (2025-26) and with this the number of subscribers of this scheme has crossed eight crores.