APY Closing Form (Atal Pension Yojana Closure) - Summary
Download the Atal Pension Yojana (APY) Account Closure Form in PDF format here. The Atal Pension Yojana was initially launched without any exit policy. However, due to slow subscriber enrollment, the government has made several updates to the rules.
Understanding the APY Closure Process
APY Account Closure Form Download
Earlier, there was no formal way to exit the scheme, except in cases where the subscriber passed away or was diagnosed with a terminal illness. Now, with the new rules, any subscriber can exit the Atal Pension Yojana, as long as they renounce the government contributions and the actual net interest earned on their contributions.
The government has made it easier for subscribers by introducing simpler options for contributions, which can now be paid monthly, quarterly, or half-yearly. The clear exit option helps subscribers know how to proceed if they wish to close their accounts. If you want to close your Atal Pension Yojana (APY) account, simply visit your nearest bank branch and fill out the exit form.
You can easily download the Atal Pension Yojana (APY) Account Closing Form in PDF format online from the link below. Make sure to get this important document for your financial management! ЁЯУД