Government scheme · Guaranteed pension from 60
Atal Pension Yojana (APY)
Atal Pension Yojana gives a guaranteed pension in old age, mainly for workers in the unorganised sector. It is administered by PFRDA through banks and post offices.
Visit official websiteWho can apply
- Indian citizens aged 18 to 40 with a savings bank or post office account
- Not open to people who are, or have been, income-tax payers
Key features
- Choose a guaranteed pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000 or ₹5,000 a month from age 60
- Contribution depends on your age at joining and the pension you choose
- After you, the pension goes to your spouse; the corpus is then paid to the nominee
How to apply
- Enrol through your bank or post office, in branch or through net banking
Planning for retirement?
Ask Bachatt Saathi how a pension scheme compares with a long-term mutual fund SIP for your retirement goal.
Frequently asked questions
Can I change my pension amount later?+
Yes. You can increase or decrease the pension amount once a year, and your contribution changes accordingly.
More government pension schemes
See all government pension schemesThis page is for information only. Bachatt is not affiliated with this scheme; the scheme name belongs to the Government of India and its agencies. Limits, rates and eligibility change from time to time — always check the official website before you apply.