Atal Pension Yojna

Brief Description of Atal Pension Yojna

Atal Pension Yojna – अटल पेंशन योजना The pension is very important for individuals who are senior citizens of our nation. They are not able to work comfortably due to their higher age so the government is taking different steps to help them financially. Different schemes are provided to them in the form of pension to ensure that they are able to live the rest of their life comfortably with the permanent income which they are getting for their lifetime.

pension funds

It is important to have a constant watch over these schemes launched by the government. This will help these senior citizens financially. They will thereby not be dependent on other individuals for their livelihood and can live their life comfortably. Even the government is making people use their Jan Dhan Accounts by these schemes to make them use digital money and bank accounts.

Swalamban Scheme
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Brief Description of Swalamban Scheme

Swalamban Scheme which is also called Atal Pension Yojna is basically a scheme launched by the government and is mainly targeted at the unorganized sector. Mainly it was launched during 9th May 2015 by Prime Minister Narendra Modi in Kolkata. It is also intending to increase the number of individuals who are enrolled for the Pension Scheme. In this scheme for any contribution which is done, the government will also contribute either 50% or 1000 INR whichever is lower to the account of the eligible individual.


The age range for this scheme is 18 to 40 years so a subscriber would have to contribute for 20 years or more. An Aadhar Card Number will be used for the purpose of “know your customer” to avoid any kind of disputes over a longer run. Subscribers of this scheme can opt for the pension of 1000 INR to 5000 INR. Even an increase and decrease in pension amount can occur over the course of accumulation phase.

Prime Minister Pension scheme
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Pension amount which is released will directly be deposited to the Jan Dhan Account. This move is therefore also to increase the use of these bank accounts. Prime Minister Pension scheme will, therefore, help in having the transactions through these bank accounts and help to earn the maintenance charges from this money. Even small finance banks are now allowed to offer APY too.

Download Atal Pension Yojana Application form in different languages here:

State Wise PMJJBY Toll-Free Numbers

  • Andhra Pradesh Andhra Bank – 1800-425-8525
  • Andaman & Nicobar Island State Bank of India – 1800-345-4545
  • Arunachal Pradesh State Bank of India – 1800-345-3616
  • Assam State Bank of India – 1800-345-3756
  • Bihar State Bank of India – 1800-345-6195
  • Chandigarh Punjab National Bank – 1800-180-1111
  • Chhattisgarh State Bank of India – 1800-233-4358
  • Dadra & Nagar Haveli Dena Bank – 1800-225-885
  • Daman & Diu Dena Bank – 1800-225-885
  • Delhi Oriental Bank of Commerce – 1800-1800-124
  • Goa State Bank of India – 800-2333-202
  • Gujarat Dena Bank – 1800-225-885
  • Haryana Punjab National Bank – 1800-180-1111
  • Himachal Pradesh UCO Bank – 1800-180-8053
  • Jharkhand Bank of India – 1800-345-6576
  • Karnataka Syndicate Bank-SLBC – 1800-4259-7777
  • Kerala Canara Bank – 1800-425-11222
  • Lakshadweep Syndicate Bank  – 1800-4259-7777
  • Madhya Pradesh Central Bank of India – 1800-233-4035


Thus, we can say that Atal Pension Yojana is very useful for people who are planning for their old age. It will help them to get money when they reach a certain age from the amount which they have deposited under this scheme. This will help them to live a comfortable old age life from the pension amount which they are getting.

One Reply to “Atal Pension Yojna”

  1. Swavalamban Yojana was a government-backed pension scheme targeted at the unorganised sector in India. It was applicable to all citizens in the unorganised sector who joined the National Pension Scheme (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA) Act 2013

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