Atal Pension Yojana (APY): Exceeds 9 Crore Subscribers

Key facts

• The Atal Pension Yojana (APY), a flagship social security scheme of the central government, exceeded 9 crore total gross enrolments on April 21, 2026.
• The APY is administered by the Pension Fund Regulatory and Development Authority (PFRDA) and was launched on May 9, 2015.
• The scheme is primarily focused on the poor, the underprivileged, and workers in the unorganised sector.
• Eligibility for APY is open to Indian citizens between the age of 18 and 40 years, excluding those who are or have been income taxpayers.
• The scheme provides a guaranteed monthly pension ranging from ₹1,000 to ₹5,000 after the subscriber attains 60 years of age.
• Additional benefits include the continuation of the same pension for the spouse after the subscriber's demise and the return of the accumulated corpus to the nominee after the death of both.
• In Financial Year (FY) 2025-26, gross enrolments crossed 1.35 crore, marking the highest single-year enrolment since the scheme's inception.
• The scheme is supported by the Ministry of Finance, Department of Posts (DoP), Public Sector Banks (PSBs), Regional Rural Banks (RRBs), private banks, Small Finance Banks (SFBs), co-operative banks, State Level Bankers' Committees (SLBCs), Union Territory Level Bankers' Committees (UTLBCs), and Lead District Managers (LDMs).
• Account opening charges and annual maintenance charges under APY are ₹15 each, while transaction charges are NIL.