About Atal Pension Yojna in 13/7, Jessore Road ( South ), Barasaat, Kolkata

APY Business Offer and Agency Offer

About APY

The government will give guaranteed pension of up to Rs 5,000 a month to subscribers under the Atal Pension Yojana and will also allow members of the NPS Swavalamban to migrate to the new scheme.

“There will be five guaranteed pensions and subscribers can opt to join any of these schemes. At the age of 60, when the plan matures, a person opting for the scheme will get a guaranteed return,”

The schemes would give a minimum monthly pension of Rs 1,000, Rs 2,000, Rs 3,000, Rs 4,000 and Rs 5,000.

Contributions would vary from as little as Rs 48 a month for a Rs 1,000 pension to Rs 248 a month for a pension of Rs 5,000 per month. Individuals between the age of 18 years and 40 years of age with operational bank accounts would be eligible.

Under the scheme, the government will contribute 50 per cent of the beneficiaries’ premium limited to Rs 1,000 each year, for five years, in the new accounts opened before December 31, 2015. Investments under the proposed scheme would be done on the guidelines of the new investment pattern for pension. It is estimated to give a return of at least 8 per cent per year.

Subscribers under the existing NPS Swavalamban would have an option to migrate to the scheme.

Features :
A>Under the APY, a fixed monthly pension ranging between Rs. 1000 to Rs. 5000 for the subscribers, if he/she joins and contributes between the age of 18 years and 40 years, depending on their contributions.
B>The benefit of fixed minimum pension is guaranteed by the GOI.
C>GOI will also co-contribute 50% of the contribution amount or Rs. 1000 per annum, whichever is lower.
D>GOI co-contributes to each eligible subscriber’s account, for a period of 5 years, i.e., from 2015-16 to 2019-20. who joins on or before 31st December 2015.
E>GOI co-contribution is available for the subscribers who are not covered under any statutory social security scheme and are not income tax payers .

ATAL PENSION YOJANA- ELIGIBILITY CRITERIA :
a) Any Citizen of India in unorganized sector .
b) Age of joining – 18 years - 40 years. Date of Birth Proof is mandatory.
c) Aadhar No. to be preferred at the time of opening APY account.
d) Non Aadhar bank account customers can also join the scheme but Aadhar details are to be provided later.
e) Valid mobile number mandatory


Working Architecture –
Banks > Business Correspondent > Enablers (Point of Collection Agencies)

We are a Business Correspondent and as our Service Agency you will be appointed as an Enabler by us.

Role of Enabler – To market the proposed APY (Atal Pension Yojana) and to collect duly filled up APY registration forms and send it to RUDI Head Office.