In following article we have explained some eligibility criteria for opening Atal Pension Yojana (APY) account.

  • Atal Pension Yojana (APY) is available to all citizens of India, but is especially focused on unorganised sector workers who do not have coverage under any other formal statutory social security scheme.
  • A person from unorganised sector age between 18-40 years can subscribe to the scheme by providing Account number, Aadhaar number and Mobile number.
  • A person from unorganised sector subscribing to Atal Pension Yojana (APY) who is income tax payer will not be eligible for co-contribution of Government of India.
  • Subscriber should keep adequate balance in his/her account for the execution of standing instruction and to avoid any delayed interest/penalty.
  • Aadhar No. to be preferred at the time of opening Atal Pension Yojana (APY) account.
  • Non Aadhar bank account customers can also join the scheme but Aadhar details are to be provided later.
  • Valid mobile number is mandatory