Subscription of Atal Pension Yojana (APY) Goes Digital (Download PDF)

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APY@eNPS” has been introduced by the PensionFund Regulatory and Development Authority (PFRDA) to digitalize enrolment process completely and this step will extend benefits of the Scheme to the Citizens of India.

  • For subscriber, candidates don’t have to submit physical application they can enrol through internet banking and many banks are associated with this schema.
  • PFRDA will offers registration to eNPS platform via Atal Pension Yojana.
  • eNPS platform is already make available for subscriptions of NPS.
  • eNPS will be very user friendly environment for subscribing under APY which will be completely digitalization and will not require submission of any physical form at the convenience of the customer without visiting bank or post office.
  • This is PFRDA’s first initiative to cover all those peoples who are still not covered under the Atal Pension Yojana (APY).
  • Decision in this regard was taken after the meeting of Shri A G Das, CGM, PFRDA at Mumbai which was attainded by IT department/Nodal officers of the Banks/Deptt of Post where PFRDA had discribed benefits of APY@eNPS platform.
  • The APY@eNPS channel features will be available before 30th June 2017.

About APY

  • Prime Minister of India has launched APY on 9th May, 2015 which was later gets operational in 1st June, 2015.
  • APY is scheme for citizens 18 - 40 year’s age group.
  • the subscribers of APY would receives pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years as depended on their contributions, which were different depends on the age of joining the APY.
  • Currently APY has 54 Lakh subscribers.
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Created with Highcharts 5.0. 12APY Subscription in Different SectorPublic Sector Banks (62%) Public Sector Banks (62%) Private Banks (10%) Private Banks (10%) Regional rular Banks (23%) Regional rular Banks (23%) Deptt of Post (4%) Deptt of Post (4%) State/District/Urban Co-op Bank (1%) State/District/Urban Co-op Bank (1%) Regional rular Banks (23%) Different Sector: 23

- Published/Last Modified on: June 24, 2017

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