APY Swavalamban Yojana Subricerbers Form
This is an application form for APY existing Swavalamban Yojana Subricerbers issued by the Pension Fund Regulatory and Development Authority and this form can be download from the link given below.
Details to be Mention in APY Swavalamban Yojana Subricerbers Form
- Applicants Name
- DOB
- Mobile Number
- Email ID
- Nominee’s Name & details
- Aadhaar Number
- And any other details
Eligibility for Atal Pension Yojana
1. An Indian citizen
2. Have a valid bank account
3. Are between 18 and 40 years of age.
Benefits of Atal Pension Yojana
APY provides a guaranteed pension of Rs 1,000 to Rs 5,000 (as explained above) to the subscribers. The scheme also allows a subscriber to decrease or increase the pension amount during the course of the accumulation phase, once a year.
In case of the death of subscribers, the spouse of the subscriber shall be entitled to the same amount of pension till his or her death. And after the demise of both spouse and subscriber, the nominee will be entitled to receive the pension money that the subscriber had accumulated till 60 years of age.
However, if the subscriber dies before 60 years, the spouse will have the choice to either exit the scheme and claim the accumulated amount or continue maintaining the account under the subscriber’s name for the remaining vested years. The spouse of the subscriber shall be entitled to receive the same pension amount as the subscriber until the death of the spouse in the latter case.
You can download the APY Swavalamban Yojana Subricerbers Form in PDF format using the link given below.
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