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Atal Pension Yojana: Atal Pension Accounts can now be opened online, but how can you apply?

PRFDA has made the Atal Pension Yojana process simple for candidates by providing an online account opening tool called eKYC. Who is eligible to apply for the Atal Pension Yojana, and how may interested candidates register an account online? Prime Minister Narendra Modi announced the Atal Pension Yojana on May 9, 2015. It's a type of social security pension plan. Workers in the unorganised sector receive an old age pension under the Atal Pension Yojana. People aged 60 receive a monthly stipend ranging from Rs 1000 to Rs 5000 under the Atal Pension Yojana.

The PFRDA (Pension Fund Regulatory and Development Authority of India) has issued a notification for the online registration of Atal Pension Yojana accounts. All applicants will be able to register an online account for the scheme, and an increasing number of candidates will be able to benefit from it. PRFDA intends to simplify the process by allowing users to register accounts online. The Pension Fund Regulatory and Development Authority of India has also stated that the Atal Pension Yojana accounts will be linked to Aadhaar. Aadhar will be linked to accounts in the near future.

Who is eligible to apply for the Atal Pension Yojana?


To apply for the Atal Pension Yojana, candidates must meet specific requirements, including:

* Workers and unorganised workers would be eligible to apply for the Atal Pension Yojana.

* Candidates must be at least 18 years old and no older than 40 years old to be considered.

* Candidates must have a Post Office Savings Bank Account or a Savings Bank Account in order to be considered.

What is the procedure for opening an Atal Pension Yojana account?


To open an Atal Pension Yojana account, candidates must go to a bank branch or a post office where they have a savings account. Open a savings account if you do not already have one. After that, candidates must obtain and complete a scheme application form. Give your Aadhar number as well as your phone number. Make sure you have enough money in your savings account/post office savings account to transfer your monthly/quarterly/half-yearly donation. This is how your account will be set up.

How can I create an online account for the Atal Pension Yojana?


Candidates for the Atal Pension Yojana must complete Aadhaar eKYC in order to register an online account. You must submit Aadhaar data in order to complete KYC. Aside from that, you can apply in person at a post office or through a bank savings account.

Please bookmark our website Apsacs.Org for more information on similar government programmes.

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