BGGB is registered with PFRDA as POP (Point of Presence) for NPS under All Citizen Scheme and as Aggregator for the purpose of processing APY accounts.

Individuals between the age of 18 to 40 can visit our nearest Branch with ID proof, Address Proof and Age Proof to fill the form for registration under the scheme. Saving Bank account is mandatory for subscribing under the scheme.

Benefits

• Atal Pension Yojana is a Social Security Scheme introduced by Govt. of India, aimed at providing a steady stream of income after the age of 60 to all citizens of India. It is based on National Pension Scheme (NPS) frame work. Permanent Retirement Account Number (PRAN) will be provided to the subscriber immediately by the Branch.
• Under APY the subscribers have a choice to get Fixed monthly Pension amount from Rs. 1000/-, Rs.2000/-, Rs. 3000/-, Rs. 4000/- and Rs. 5000/- by paying monthly subscription as per the table given below:
  
  

  Age of Entry	Years of Contribution	Monthly pension of Rs1000	Monthly pension of Rs 2000	Monthly pension of Rs 3000	Monthly pension of Rs 4000	Monthly pension of Rs 5000
  18	42	42	84	126	168	210
  19	41	46	92	138	183	228
  20	40	50	100	150	198	248
  21	39	54	108	162	215	269
  22	38	59	117	177	234	292
  23	37	64	127	192	254	318
  24	36	70	139	208	277	346
  25	35	76	151	226	301	376
  26	34	82	164	246	327	409
  27	33	90	178	268	356	446
  28	32	97	194	292	388	485
  29	31	106	212	318	423	529
  30	30	116	231	347	462	577
  31	29	126	252	379	504	630
  32	28	138	276	414	551	689
  33	27	151	302	453	602	752
  34	26	165	330	495	659	824
  35	25	181	362	543	722	902
  36	24	198	396	594	792	990
  37	23	218	436	654	870	1,087
  38	22	240	480	720	957	1,196
  39	21	264	528	792	1,054	1,318
  40	20	291	582	873	1,164	1,454

• Central Government will co-contribute 50% of the total yearly contribution or Rs. 1000 /- per annum, whichever is lower, for the period of 5 Years in the account of subscribers who join the scheme up to 31st December 2015 and who are not a member of any Statutory Social Scheme and not an Income tax payer.
• Subscribers joining APY scheme at an early stage of age would be required to pay lesser monthly subscription amount as compared to the subscriber joining at a later age as illustrated in the above table.
• Our NPS-Lite Swavalamban subscribers, if eligible i.e. between the age of 18 to 40, may shift to APY by filling the APY Registration form for Existing Swavalamban Subscribers.
• Nomination facility is available.

Frequently Asked Questions (FAQs) - Exit from NPS - Lite / Swavalamban Scheme

Hindi

English