Atal Pension Yojana

ATAL PENSION YOJANA (APY)

Overview: The Govt. of India launched the Atal Pension Yojana (APY), which provides a defined pension, depending on the contribution, and its period. The APY is focused on all the citizens in the unorganized sector, administered by Pension Fund Regulatory and Development Authority (PFRDA).

The subscribers would receive the fixed minimum 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, depending on their contributions, which itself would be based on the age of joining the APY.

The age of joining & Contribution Period:The minimum age of joining APY is 18 years and maximum age is 40 years. The age of exit and start of Pension would be 60 years. Therefore, minimum period of contribution by the subscriber under APY would be 20 years or more.

Benefit:Fixed pension for the subscribers ranging between Rs. 1000/- to Rs. 5000/- after attaining the age 60 years.

Statistics:

                APY enrollments since inception(as on 31-03-2020): 455501

                APY enrollments from 01-04-2019 to 31-03-2020: 59782

Achievements of Our Bank under APY:  

S.NO. FY EVENT DURATION TARGET ACHIEVEMENT AWARD
1 2019-20 APY - Art of Possible 1st Quarter of FY 2019-20 13 APY per Branch 15 APY per Branch Best Nodal Officer to Chairman
2 2019-20 APY - Formation Day 9 May to 23 May 2019 1000 2462 Best Nodal Officer to Chairman
3 2019-20 APY - Citizen Choice 1st Aug to 31st Aug 2019 36000 (For SLBC Bihar) 37502 (DBGB - 10427 APY enrollments) Top performing bank in Bihar
4 2019-20 APY - Rise Above Rest 2nd Sept to 24th Sep 2019 6 APY per Branch 7195 (6.67 APY per branch) Best Performing Bank and Best Performing three Regional Managers
5 2019-20 APY - Lead to Leap Half year of FY 2019-20 25 APY per Branch 30348 (28 APY per branch) Best Performing Bank
6 2019-20 APY - Warriors of Winning Wednesday 3 Winning Wednesdays of October 2019 600 per week (Total 1800) 4356 Best Performing Bank along with three certificates
7 2019-20 APY - Makers of Excellence 3.0 21st Oct to 26th Nov 2019 6000 6439 Best Performing Bank
8 2019-20 APY - Leadership Capital 2.0 06th Jan to 06th Feb 2020 6000 9828 Best Performing Bank
9 2019-20 Game Changers  FY 2019-20 54 APY per Branch  55 APY per Branch  Best performing Regional Rural Bank for FY 2019-20

Click below for downloading forms:-

.1  FAQ on Atal Pension Yojana(in Hindi) Click Here
.2 Registration form of Atal Pension Yojana Click Here
.3 Description of Atal Pension Yojana Click Here