सरकारी योजना 2021 | Sarkari Yojana List, Latest Government Schemes in India

(APY Chart) Atal Pension Yojana 2021: Online Application and Account Status

Atal Pension Yojana 2021 | Atal Pension Scheme Application Form | APY Online Registration | PM Atal Pension Scheme Application | APY Chart & Benefits | Atal Pension Yojana

Atal Pension Yojana 2021

Atal Pension Yojana was started by the Prime Minister of our country, Shri Narendra Modi on 1 June 2015. Under this scheme, after the age of 60 years of the beneficiaries, a sum of Rs 1000 to Rs 5000 will be given as pension every month. Under Atal Pension Yojana , the amount of pension will be fixed according to the investment and age invested by the beneficiaries. In the Atal Pension Yojana 2021 , not only can you be entitled to more pension every month by depositing less amount, but in case of untimely death, your family can also benefit from it. To get more information about this scheme like amount chart, registration process, eligibility, necessary documents etc., read this article carefully till the end.

Atal Pension Yojana-APY

Applicants applying under this scheme will have to submit premium every month. After that the applicant will be provided financial assistance in the form of monthly pension in old age (financial assistance will be provided in the form of monthly pension in old age.) After the completion of the applicant’s 60 years of age. To apply for Atal Pension Yojana , the age of beneficiaries should be 18 to 40 years, only then they can avail this scheme. If a beneficiary wants to join this scheme at the age of 18, then they will have to pay a premium of Rs 210 every month and those who are 40 years of age will have to pay a premium ranging from Rs 297 to Rs 1,454.

Tax benefits under Atal Pension Yojana

Atal Pension Yojana was started to provide pension to unorganized sector employees. Through this scheme, pension of ₹ 1000 to ₹ 5000 is provided as per the investment of the applicant on completion of 60 years of age every month. Now tax benefits will also be provided to customers under this scheme. Information about this has been provided through a tweet by the Pension Fund Regulatory and Development Authority. In this tweet, it is stated that all the income tax payers who fall within the age of 18 to 40 years can avail the scheme and along with that made under this scheme under section 80CCD (1b) of Income Tax Act. You can also get benefits on contribution.

To get the benefit of this scheme, it is mandatory for the customer to have a savings bank account or post office saving account. The Atal Pension Yojana has also been included in section 7 of the Aadhaar Act. All citizens who wish to apply under this scheme will have to submit proof of their Aadhaar number or undergo enrollment under Aadhaar authentication.

Atal Pension Yojana 2021 Highlights

Name of schemeAtal Pension Yojana
LaunchedThe year 2015
Started byBy the central government
BeneficiaryPeople from unorganized areas of the country
an objectivePension grant

AB pension plans for shareholders to figures of Tin Krod and more

As everyone knows that this scheme of the central government is providing pensions every month to the elderly people above 60 years in the form of financial assistance. Pension Fund Regulatory and Development Authority of India stated on 22 April 2021 that  more than 3 crore subscribers have been added so far under the Atal Pension Yojana in FY 2020-2021 and they have also stated that in FY 2020 – More than 79 lakh new subscribers have been added under the scheme in 21 years. The figures of shareholders in the Atal Pension Yojana have exceeded three crore. 

Number of account holders increased

As you all know, the Atal Pension Yojana has been started with the objective of providing post-retirement pension to workers in the unorganized sector. Under this scheme, the beneficiary has to invest for a specified time. The investor is provided a pension every month after the age of 60 years. It has been reported by the Pension Fund Regulatory and Development Authority of India that there has been a 23% increase in the number of account holders of the Atal Pension Yojana and National Pension System in the year 2020–21. The total number of account holders has increased to 4.24 crore as on 31 March 2021.

Atal Pension Yojana Transaction Details

As you all know, Atal Pension Yojana was started for the citizens of unorganized sectors. It is a retirement pension scheme. Under this scheme, the beneficiaries have to pay the premium. Now the Atal Pension Yojana mobile application has been started by the government. Through this mobile application, now the beneficiaries of the Atal Pension Yojana can check the latest five yoga donations free of cost. Along with this, transaction details and e-PRAN can also be downloaded. The beneficiaries can also visit the official website of Atal Pension Yojana to check the details of their transactions . They will have to log in by visiting this website. For which they will have to give details of their PRAN and savings bank account. If there is no PRAN number, the beneficiary can also login his account through his name, account and date of birth.

 Under this scheme, there is also a provision for tax benefits under Section 80CCD (1) of the Income Tax Act, 1961. The transaction amount, total holding of member amount, transaction details etc. can also be viewed under the Atal Pension Yojana through the Umang app.

Atal Pension Yojana 52 lakh new subscribers

As you all know, under Atal Pension Yojana, pension is provided to the investor on completion of 60 years of age. Under Atal Pension Yojana , the interest of the people is increasing year after year. The Kovid-19 pandemic hit year has also seen spectacular enrollment under the scheme. In view of this nomination, it can be concluded that now the common man has become more concerned about saving schemes and is understanding the importance of protecting his future. So far, 52 lakh new investors have registered themselves under Atal Pension Yojana during 2020-21 . Under which the total enrollment has crossed 2.75 crores by 31 December 2020.

Registration so far under the Atal Pension Yojana

So far, more than 40 lakh registrations have been done under the Atal Pension Yojana and the total number of shareholders has crossed 2.63 crores. Under this scheme, a person of the age of 18 years and 40 years can invest and after the completion of 60 years of the investor, they are given pension. If the shareholder dies before the age of 60, then pension is provided to their spouse. If a person does not have the facility of net banking, then soon it will be easy for them to open an account under the Atal Pension Yojana .

The Atal Pension Yojana has been allowed by the Pension Fund Regulatory and Development Authority to start an alternative channel for onboarding of existing savings account holders. Now the account holder can open his account under the Atal Pension Yojana without using any net banking or mobile app.

Objective of Atal Pension Yojana 2021

The main objective of this scheme is to secure the future by giving pension to the workers of the unorganized sector and to make them self-reliant. It is a social security scheme which aims to provide social security to the beneficiaries joining the scheme. People have to be empowered through PM Atal Pension Yojana .

Atal Pension Yojana Exit before 60 years

As you all know Atal Pension Yojana is a type of pension that is provided after retirement. The account holder can avail the benefit of this scheme after the age of 60 years. For this, the account holder will have to provide the amount of contribution till the age of 60 years. Under Atal Pension Yojana, the account holder before 60 years cannot exit from the scheme. But under certain circumstances such as in case of any illness or death, one can exit the Atal Pension Yojana.

Atal Pension Scheme Withdrawal

Fee in case of default under Atal scheme

For contributions up to ₹ 100 per month₹1
For a contribution of ₹ 101 to ₹ 500 per month₹2
For a contribution of ₹ 501 to ₹ 1000 per month₹5
For contributions above ₹ 1001₹10

National Pension System Trust

An ombudsman has been appointed by the Pension Fund Regulatory and Development Authority at the beginning of the year to resolve the complaints of the customers of the National Pension System and the Atal Pension Yojana. Any customer whose complaint has not been resolved within 30 days of filing or is not satisfied with the solution provided can file a complaint with the NPS Trust. NPS Trust will respond to the customer within 30 days of receipt of the complaint and their complaint will be resolved at the earliest.

Tax benefits under Atal Pension Yojana

Like the National Pension Scheme, if you invest in Atal Pension Yojana , you will be provided tax benefits. These tax benefits will be provided under section 80 CCD (1B) of the Income Tax Act. An income tax deduction of ₹ 50000 will be provided to the investor under section 80 CCD (1B).

Atal Pension Yojana Apply

To join the Atal Pension Yojana 2021 , it is mandatory for the beneficiaries to have a bank account and the bank account should be linked to the Aadhaar card. Those who are income tax payers and those who are in government jobs cannot avail the benefit of this scheme. Any interested beneficiary can go to any national bank of India and open the account of Atal Pension Yojana.

Atal Pension Yojana New Update

Under this scheme, now the pension can be increased or reduced at any time of the year. This new facility will benefit 2.28 crore subscribers registered with Atal Pension Yojana . This new facility has come into effect from July 1. The PFRDA has directed all banks to process the reduction or increase in pension amount at any time of the year. However, this facility can be availed only once in a financial year.

Investment to be made in the scheme

Under this scheme, if a person saves Rs 7 daily and invests Rs 210 per month, then he can get a pension of up to Rs 60 thousand a year, this investment will have to be made by the person at the age of 18 years. That it also has the benefit of tax exemption on investing under section 80 of the Income Tax Act. This scheme is being operated by the Pension Fund Regulatory and Development Authority through the National Pension Scheme. If you also want to take advantage of this scheme, then you can apply under this scheme.

Pradhan Mantri Atal Pension Yojana (APY) 2021

After investing in APY 2021 , the beneficiaries will receive pension every month after the age of 60 years. Beneficiaries can live well with this pension. Under the scheme, if the beneficiary dies, then the pension amount to be given to the beneficiary will be paid to the candidate’s ardhangini (wife) and if both (husband, wife) die, the pension amount will be given to the nominee mentioned. The Pension Fund Regulatory and Development Authority (PFRDA) acts as a nodal agency.

Prime Minister Atal Pension Yojana

The Central Government’s ‘Atal Pension Yojana’ has completed 5 years. The scheme is operated by the Pension Fund Regulatory and Development Authority (PFRDA). According to PFRDA, so far 2.23 crore women and men have been connected under this scheme. Under this Pradhan Mantri Atal Pension Yojana , women and men above 60 years of age have been provided pension every 5 years, on 9 May 2020 this year, the number of people registered under the scheme has increased to 2,23,54,028. | This scheme has proved to be very beneficial for the people of the country. Under this scheme, the ratio of male-female in these five years has been 57:43.

Atal Pension Yojana Key Facts

Benefits of APY 2021

Status of non-contribution under Atal Pension Yojana

If the applicant does not contribute under the Atal Pension Yojana, then his account will be frozen after 6 months. If after this, the investor has not made any investment, then after 12 months his account will be deactivated and his account will be closed after 24 months. If the applicant is not able to make the payment in time, then he will have to pay the penalty. This penalty ranges from ₹ 1 to ₹ 10 per month.

Who is not eligible to get government co-ordination under APY?

The beneficiaries of any statutory social security schemes are not eligible to receive the benefit of government co-contribution under APY. Below, we have shared some of the Acts, for which the coordination of the government has not been provided-

Important Documents of Atal Pension Yojana 2021 (Eligibility)

APY Scheme Contribution Chart

Age of entryYears of contributionFirst Monthly pension of Rs.1000/-Second Monthly pension of Rs.2000/-Third Monthly pension of Rs.3000/-Fourth Monthly pension of Rs.4000/-Fifth Monthly pension of Rs.5000/-

AB pension plan in 2021 and to apply How to?

Procedure for opening an account under the Atal Pension Yojana without mobile app or net banking

All those who have a bank account but are not using net banking or mobile apps. Soon it will be easy for them to open an account under the Atal Pension Yojana . The onboarding process will soon be simplified by the Pension Fund Regulatory and Development Authority under which existing savings account holders are allowed to start alternative channels for on boarding. Through this channel, now the account holder without mobile app and net banking can open his account under Atal Pension Yojana.

Procedure for downloading Atal Pension Yojana Contribution Chart

Important Forms

APY Subscriber Registration FormClick Here
APY Subscriber Registration Form – Swavalamban Yojana SubscribersClick Here
Subscriber details Modification and Change of APY-SP FormClick Here
Form to upgrade / downgrade pension amount under APYClick Here
APY Death & Spouse Continuation FormClick Here
Voluntary Exit APY Withdrawal FormClick Here
APY Application for Banks to be registered under Atal Pension YojanaClick Here
APY – Service Provider Registration FormClick Here
Subscriber Grievance Registration(G1) Form for APY SubscriberClick Here
APY Common GrievanceClick Here
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