Atal Pension Yojana (APY), Pension Scheme for Unorganized Sector
Atal Pension Yojana(APY)
Pension is the monetary amount given to those old age people who are not capable for any work. This is the amount is given to the old age people so that they do not need to depend on any one for any help they may able to have enough for their own survival.
Atal Pension Yojana is the scheme which has been launched by the Prime Minister Mr. Narendra Modi on 9 May 2015. Atal Pension Yojana(APY) scheme focus to provide pension to the workers who comes under the unrecognised sectors. Under this scheme Rs 1000 to Rs 5000 shall be given to the 60 year old age people.
In order to be the apply for the Atal Pension Yojana scheme the any Indian citizen between the 18-60 year of age group can apply for this scheme. Secondly, he must have a bank saving account. Thirdly, he must have mobile number whose details need to be updated on bank during the furnishing.
In order to apply for the Atal Pension Yojana what all a person need to do is ask for the bank branch to open an individual bank account. Then person need to fill a Atal Pension Yojana forum along with the form filling he need to provide his Adhar Card number,