During its tenure, the Narendra Modi government has launched many schemes to help people secure their future. One such scheme is the Atal Pension Yojana. Under this scheme, you can get a monthly pension of up to ₹5000 by making a small investment. So far, over 7 crore people have joined this scheme. Let’s understand the details.

About the Scheme

The Atal Pension Yojana, launched mainly for the unorganised sector, offers subscribers a guaranteed monthly pension ranging from ₹1,000 to ₹5,000, depending on their contribution, starting at the age of 60. After the subscriber’s death, the pension is transferred to their spouse. If the spouse passes away, the total amount invested until the age of 60 is refunded to the nominee.

The minimum investment in this scheme is ₹42 per month. If you start investing at the age of 18, you will receive a pension of ₹1,000 per month when you turn 60. The maximum contribution is ₹1,454 per month, which starts at the age of 40, securing a monthly pension of ₹5,000. Contributions are automatically debited from the bank account.

Data for the Last Financial Year (2024-25)

In the financial year 2024-25, 1.17 crore new subscribers joined the Atal Pension Yojana, taking the total number of subscribers to over 7.60 crore. According to a release from the Pension Fund Regulatory and Development Authority (PFRDA), more than 1 crore people have joined the scheme every year for the past three financial years. The assets under management have surpassed ₹44,780 crore, with an average annual return of 9.11%.

Increasing Female Participation

PFRDA data shows that 55% of the new subscribers added in 2024-25 were women. This indicates growing financial awareness among women and a better gender balance in financial schemes.