Atal Pension Yojana Eligibility


Atal Pension Yojana Eligibility

In his Budget Speech for the year 2015-16, the Finance Minister of India has declared the launch of a new scheme. The Atal Pension Yojana (APY) aims at bringing the workers in the unorganized sector to join the National Pension System (NPS), which is run by a pension governing authority named the Pension Fund Regulatory and Development Authority (PFRDA) of India. However, the interested citizens should not be a member of any other social security system.

Atal Pension Yojana Eligibility

The basic eligibility criteria of the Atal Pension Yojana need an individual to be an Indian citizen within the age group of 18 to 40 years to join the scheme. Thereby, APY allow scheme holders to contribute for at least 20 years before gaining its benefits. The Scheme is open to any bank account holder who is not associated with any other social security system.

The Atal Pension Yojana is replacing the Swavalamban scheme, which was unsuccessful in gaining ample popularity among the citizens of the country. The government plans to automatically transfer the existing subscribers of the Swavalamban Scheme to Atal Pension Yojana. However, those who are interested in withdrawing from the scheme can do so.

Citizens with a bank account can sign up for the APY by filling in an authorisation form, which they need to submit at their bank. The form includes all the details of the individual including his/her account number and spouse/nominee details. It also consists of the authorisation for auto debit of contribution amount.

The interested account holder joining the scheme needs to maintain sufficient balance in the account every month that needs to be deducted towards the scheme. If an account holder is unable to maintain the required amount he/she would attract a monthly fine depending on the amount to be contributed every month.

The Atal Pension Yojana has already started from 1st June, 2015.

Other Articles

  1. APY Age Limit
  2. APY Forms
  3. How to Join APY

  76 Responses to “Atal Pension Yojana Eligibility”

  1. Nice yojana…

  2. I am central govt employee not under tax.will i join in APY?

  3. I am working in a private organisation and I am under tax, but I have already done APY.
    Please lets me confirm whether I am eligible to get full benefit of APY scheme or not ??
    In case if I am not eligible to get full benefit of APY, then let’s me know the procedure to stop & cancel this scheme and procedure to refund amount which I have already paid for the same.

    • you are eligible to get the full benefits mentioned under APY. You will just not get the extra government contribution which is very small.

  4. As per Eligibility criteria “The Scheme is open to any bank account holder who is not associated with any other social security system”. I want to know what are the other Social Security Schemes due to which I will not able to get benefits of APY.

    • the above condition is for availing extra government contribution and is not the eligibility criteria.

  5. My wife age 39 years 6 months can she eligible for APY.

    I am working in a private firm and after working 13 years i leave the job my company had a facility of EPF and after attaining the age of 58 years i will get pension. Can my wife do APY, she is a house wife and not income tax prayer.

  6. I have applied for APY 1month before in IOB but till date i have not received any confirmation regarding my enlistment with APY. kindly guide.

  7. Iam very eager to join APY. But I have only NRE & NRO accounts as I am presently working in USA. I am very much an Indian citizen with Indian passport. Can I join the scheme using my NRO account? Kindly enlighten me.

  8. I am working in Govt organisation and tax payer. My age is 29. so my question is am I eligible for APY????????

  9. My Birth date is 30-3-1975 can i join this yojana, heard that one year extension given up to 41 age. pls confirm

  10. My Birth date is 02-06-1976. Can I join this yojana ?

  11. what all schemes are covered under
    “other social security schemes” mentioned in APY.
    Does it also include PMJJBY and PMSBY?

  12. I have applied for the ATALPENSIONYOJANA 1 month before in IOB but till date no confirmation received regarding my registration. no amount deducted from my Account. kindly advice.

    thanking you,

    arijit dutta.

  13. I am state govt employee, who does not have a statutary pension facillity. But I am a member of New Pension Scheme (NPS). I have the facility of Govt contribution also under NPS.
    Can I join APY also?

  14. Hi,
    my Birth date is 10 may 1976, I am 39 years and not 40 years complete. can I have this pension plan ?.
    what is the maximum amount I can put in per annum ?.
    is there any ECS facility to deduct from my bank account directly for this scheme,


    • yes you are eligible. you can choose the pension plans available and premium would be based on that. This scheme works in auto debit mode which is same as ecs

  15. Hello

    My doubt is, I am 26 year old, working in a ltd company (Listed on Stock Exchange) but when i get my monthly salary, there is provident fund contribution from my employer in it and even i have to contribute the remaining 50% amount in PF as well. Am i still eligible for APY?

    Please let me know. Thanks in Advance.

  16. Hi,

    I have business of Distribution in my name and Tax payer. Whether I am eligible for APY.

  17. Hello sir
    I have joined APY on 10/9/2015 at the age of 34yrs..I am in State Govt service in Assam joined in Jan’2014..Due to some technical difficulties my NPS system has not been started yet…But near future it is going to start…In that case am I elligible for APY..0r need to surrendered it…plz advise me….

  18. i am a income tax payer and i have enrolled myself in APY via my bank can i avail the benefits of APY or should i surrender as it is mentioned that tax payer cannot get the benefit of APY.

  19. Dear Sir,
    I am working in a pvt. company from last 5 yrs & I have EPF account.
    Recently I join in APY scheme. Pls suggest I am eligible or not.

  20. I am central government employee under New pension scheme. My age is 35yrs whether i am eligible APY. After subscribing 25 years reaching 60 years. If i want my money back will they give ? What about Pension? please pension is available in APY.

  21. Hi,I am working in state government employee ( west Bengal)…and tax payer so my question is I am eligible for APJ

  22. I am a state govt employee who is under NPS scheme and I have already joined APY too. Now do I have an option to quit APY? or to merge APY with NPS?

  23. Is nri eligible for APY

  24. Sir, i am a private employee, I pay every month ELF (PF). Is it am eligible for Atal Pension Yojana. Can any one explain.


  26. I pay income tax, can i apply in it and get benefit in future ?

    • yes

      • Eligibility for APY
        3.1 Atal Pension Yojana (APY) is open to all bank account holders. The Central
        Government would also co-contribute 50% of the total contribution or Rs. 1000 per
        annum, whichever is lower, to each eligible subscriber account, for a period of 5
        years, i.e., from Financial Year 2015-16 to 2019-20, who join the NPS between the
        period 1st June, 2015 and 31st December, 2015 and who are not members of any
        statutory social security scheme and who are not income tax payers. However the
        scheme will continue after this date but Government Co-contribution will not be


  28. I have applied can I add my spouse details now

  29. How we can attached our adhaar card pancard with apy

  30. What about defence personnel, can he eligible for atal pension yojna because they are also get a pension from government ??

  31. I am a school teacher under west bengal govt. and also a tax payer. i will get govt. pension after retirement. i would like to join in APY. Am I eligible?

  32. I am working with a private organization. I am having a PPF account. Am I eligible for this pension scheme?

  33. Sir I have an apy account running through post office. May I transfer it in SBI Bank, if yes kindly provide the process?

  34. I have seperately from my wife. how can I change my spouse details inAPY?

  35. What happens if I expire after joining apy and before completing 60 years? what about my contributions?

  36. is nri is eligible of apy

  37. Should one person can opt for both schemes eNPS and APY

  38. Sir, I am working in Pvt ltd company and I have PF and i am income tax payer , am I eligible for this pension scheme.

  39. I am a state govt employee under old pension scheme ,I have enrolled for APY ..
    Am I elegible …???

  40. Yes, you are. I have confirmed it through an RTI from PFRDA, Delhi

  41. What is that extra benefit or how much is the amount which is from govt side that one is not going to incase enrolled under EPF. PLEASE HELP

  42. As per NSDL the scheme is for unorganised sector. How do you define unorganised sector? Whether PSU employees can apply for this scheme or not.????

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