Description

We, the President and Secretary, proudly hosted “Knowledge Hub.” The Atal Pension Yojana (APY) is a government-backed pension scheme in India aimed at providing financial security to workers in the unorganized sector. It was launched in 2015 by the Government of India under the Ministry of Finance. Key Features: 1. Eligibility: Open to Indian citizens aged 18 to 40 years. Requires a savings bank account, post office account, or payments bank account. Must not be a taxpayer or covered under any other social security scheme. 2. Contribution: The contribution amount varies depending on the age of entry and the desired pension amount. Contributions are made monthly, quarterly, or half-yearly until the subscriber turns 60.