Atal Pension Yojana

From April 1, the equity class division portion of APY has been increased from 15 percent to 25 percent

Atal Pension Yojana (APY) enrollments cross 7-crore mark

Under the APY, the subscriber is eligible to get triple benefits, as guaranteed by the government, i.e. lifelong monthly pension of Rs. 1,000 to Rs. 5,000 from the age of 60 years, depending on their contributions

How the government-run Atal Pension Yojana assures pension for the working poor: Explained

Atal Pension Yojana scores over other retirement-related investment products considering its guaranteed pension assured by the government, modest contribution by the subscriber, superior annuity model and tax benefits. It is an ideal approach for both husband and wife to enrol in APY and receive a pension as much as Rs 10,000.

7 Midcap stocks that the government run pension schemes love to hold

Atal Pension Yojana is a government run pension scheme that gives assured income to the people in the unorganised sector. It invests up to 15 percent in equities. Three pension fund managers, LIC, SBI and UTI, manage the entire corpus

Total enrolment under Atal Pension Yojana crosses 6 crore; 79 lakh additions this fiscal

The feat of bringing in the most vulnerable sections of society under the coverage of pension has been made possible with the untiring efforts of all banks, the ministry added.

Are banks deducting insurance premiums for government schemes from customers without consent?

Some customers including those from State Bank of India (SBI) and Canara Bank have taken to Twitter complaining banks are charging yearly premiums for government insurance schemes without consent

Six money rules for your wallet this October

From tokenisation of cards to nominations while investing in National Pension System and mutual funds to charges introduced for paying rent using credit cards, a lot is happening in October. Here is what you need to watch out for.

PFRDA pension subscriber base rises 24% to touch 4.35 crore in June

The total pension assets under management stood at Rs 6,16,517 crore as on June 30, showing a yearly growth of 32.67 percent, the Pension Fund Regulatory and Development Authority (PFRDA) said.

NPS, Atal Pension Yojana subscribers rise by 21.67%, pension assets jump 36.83% in December

The number of subscribers under the National Pension System and Atal Pension Yojana increased by 21.67 percent to 397.70 lakh ending December 31, 2020, as against 326.86 lakh in December 2019.

2.75 crore enrolled under Atal Pension Yojana; 52 lakh new subscribers added this year

It clocked in more than 52 lakh new subscribers during the financial year 2020-21.

PFRDA likely to add 10-12 lakh new subscribers by fiscal-end: Chairman

Total number of subscribers under the two schemes were around 3.38 crore as of February 22, 2020.

Atal Pension Yojana has over 1.9 cr subscribers now

The primary reason for the uptick in enrollment was achievement of targets allocated to banks for opening of new APY accounts, it said in a statement.

All you need to know about Atal Pension Yojana

APY Scheme provides guaranteed pension of between Rs 1,000 to Rs 5,000 for participants. Click here to understand what is Atal pension yojana and get the benefits.

Better financial inclusion: create an enabling environment for the underserved to save, borrow and invest

The new regime must be one that can hold all entities to a common standard of institutional conduct in how they deal with the individual customer, including how they sell products.

Atal Pension subscriber base reaches 97.6 lakh

Banks as well as the Department of Post have been engaged by the Pension Fund Regulatory and Development Authority of India (PFRDA) to sell this pension scheme, which was mainly introduced to provide a social security cover to those working in an unorganised sector.

Atal Pension Yojana subscriber base touches over 97 lakh by end of FY18: PFRDA

APY, which mainly caters to the unorganised sector employees, saw an addition of over 48.21 lakh subscribers in 2017-18, the Pension Fund Regulatory and Development Authority (PFRDA) said in a release today.

Atal Pension Yojana subscribers to touch 1 crore by March 2018: FinMin

"APY is not only a flagship scheme of the government, it is an important instrument for inclusion...within three years, the scheme has been able to mobilise nearly 69 lakh accounts," Financial Services Secretary Rajiv Kumar said in a video message to an event organised by PFRDA here.

Budget 2017: FM may widen Atal Pension scheme, offer cover for domestic helps

The finance minister may announce changes in Atal Pension Yojana (APY) rules, widening the age for subscription to 50 years from 40 years and double the maximum monthly pension to Rs 10,000; a government-funded health insurance scheme for domestic workers, construction and migrant labourers also under consideration

NPS expected to grow at 35-40% in FY17, says PF regulator

Pension fund regulator PFRDA is expecting National Pension System (NPS) to grow at a rate of 35-40 per cent in the current fiscal, a top official said today.

NPS sees manifold increase in AUM, subscribers since 2010

Backed by a robust institutional architecture, the NPS (National Pension System) has registered a substantial growth over the last more than six years, a senior official of regulator PFRDA said today.

PFRDA seeks complete tax exemptions for NPS in Budget 2017

With an aim to increase its customer base, PFRDA Chairman Hemant Contractor stands by its demand with the government to provide 'Triple E' benefits to the schemes under the National Pension System (NPS) to bring them at par with EPFO and PPF where the maturity amount is not taxed.

Atal Pension: Banks can enroll through saving bank a/c details

Banks can now enroll prospective subscribers of the Atal Pension Yojana (APY) by fetching their saving bank account details, making the process faster and hassle-free.

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PFRDA seeks support of state govts for wider reach of APY

Pension fund regulator PFRDA has requested all the state governments to consider registering unorganised workers under Atal Pension Yojana (APY).

Govt releases Rs 100 cr towards co-contribution in APY

Under the scheme, individuals who have registered before March 31, 2016, will get a co-contribution from the government, which will be 50 per cent of the subscriber contribution up to a maximum of Rs 1,000. The co-contribution will be for 5 years from 2015-16 to 2019-20.