Start small today, get a steady pension tomorrow
Guaranteed pension with minimal contribution
Join early for a higher return on investment
Easy to understand pension scheme
.svg){kind=icon}
Affordable monthly contribution starts at ₹42 only
Easy enrolment for GIGA account holders
The monthly pension starts at the age of 60
APY pension is guaranteed by the Government of India
A Government of India scheme aimed to benefit the unorganised sector workforce
Unlock pension incomes of ₹1,000-₹5,000 per month
Start your APY investment today with your GIGA Savings Account
No documentation required, your HDFC Bank Savings Account is all you need.
You can opt for a thousand per month, or up to five times of that. Atal Pension Yojana scheme has monthly pension options of ₹1,000, ₹2,000, ₹3,000, ₹4,000, and ₹5,000. Take your pick!
Yes, enjoy the best of both worlds. Go for APY if you fulfil the eligibility criteria of the scheme, even if you are an existing NPS subscriber.
Mainly because it gives you zero uncertainties, period! After all, it comes with a minimum government guaranteed pension. If return on your contribution is higher than the assumed pension returns, you get to keep all of it!
No Aadhaar is not mandatory to join APY.
Got multiple Savings Accounts? That doesn’t allow you to enrol via all of them. You can apply for only one APY account.
Need a better understanding of APY contributions? Here’s a table to make it simple for you.
Indicative table of contribution to be made for a guaranteed pension of ₹ 1,000 per month:
Age of Joining |
Years of contribution |
Indicative monthly |
18 |
42 |
42 |
20 |
40 |
50 |
25 |
35 |
76 |
30 |
30 |
116 |
35 |
25 |
181 |
40 |
20 |
291 |
Simply consent to auto-debit from your GIGA Savings Account, and your contribution towards APY will get started. Choose a monthly, quarterly or half-yearly basis, whichever suits you best.
Don’t worry if you forgot to deposit by the due date. You can still make a delayed deposit. But avoid it, because an overdue interest is charged for the delayed period.
All the funds that go into APY are invested as per PFRDA guidelines. The fund managers are SBI Pension Fund Pvt. Ltd, LIC Pension Fund Ltd, and UTI Retirement Solution Ltd.
