Atal Pension Yojana

Atal Pension Yojana (APY)

Ujjivan SFB is pleased to introduce the Atal Pension Yojana (APY), a government-backed pension scheme aimed at providing financial security to the unorganised sector workforce and ensuring a dignified life post-retirement.



What is Atal Pension Yojana (APY)?

Atal Pension Yojana (APY) is a pension scheme launched by the Government of India to address the post-retirement income needs of workers in the unorganised sector. Under this scheme, you can contribute towards a pension account during their working years and receive a fixed pension amount after reaching the age of 60.

Key Features and Benefits:

Affordable Pension Solution

  • APY offers a low-cost pension solution, making it accessible to individuals from all income groups. You can choose a pension amount ranging from ₹1,000 to ₹5,000 per month, depending on your contribution levels and age at entry.

Nomination Facility

  • You have the option to nominate your spouse or any other nominee to receive the pension benefits in case of unfortunate events, ensuring financial protection for their loved ones.

Guaranteed Pension Benefits

  • Upon reaching the age of 60, you are entitled to receive a guaranteed pension amount based on your contribution and the chosen pension plan. This ensures financial security and stability during retirement years.

Voluntary and Portable

  • APY is a voluntary scheme, allowing you to enrol based on your retirement planning needs. Additionally, the scheme is portable across locations, enabling you to continue your contributions even if you change your residence or employment.


  • Customer age should be between 18 years and 40 Years
  • Customer should not be an Income Tax Payer
  • Customer should not have any previous APY account
  • Customer should have an active Ujjivan SFB Savings Bank A/c.

How to Enrol

  • Enrolling in the Atal Pension Yojana (APY) with Ujjivan Bank is simple and hassle-free.
  • Visit your nearest Ujjivan Bank Branch today to enrol yourself for Atal Pension Yojana.
  • For any queries, kindly reach out to Ujjivan Phonebaking unit

Charges and commission on APY

  • On each APY Application, bank receives ₹90/- from PFRDA
  • On missed contribution, 1% PM of outstanding amount will be charged as penalty from PFRDA

Atal Pension Yojana Ombudsman details

For raising Grievances of APY: >>Home>>select: NPS Lite

  • APY Help Desk (Toll Free) of PFRDA: 1800 110 069 • PFRDA website: