Atal Pension Yojana related

What corpus can we expect n how it is calculated,also monthly pension n corpus both wud both be given or what happens?

What amount of time pension wud be paid after 60?

Can we opt for nps as well if we r enrolled in apy?

At what rate our retirement corpus over the years will grow?

@TeamQuicko @Divya_Singhvi

Any help regarding this please?

Hi @FalconZex

  1. You either receive pension or corpus not both. The corpus amount is fixed based on the pension amount selected by the subscriber.
  • On completion of 60 years, a subscriber needs to submit a request to the bank, to draw the guaranteed pension amount.

  • In case of death of subscriber, pension would be available to the spouse and on the
    death of both of them (subscriber and spouse), the pension wealth accumulated (corpus) till age
    60 of the subscriber would be returned to the nominee

  1. The period and amount of pension payment shall depend upon the amount of contribution made.
  2. Yes, an individual can invest in both Atal Pension Yojana and National Pension Scheme at the same time.
  3. The higher the account’s APY, the faster your savings will grow. Yet the percentage is always fluctuating.
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So the subscriber can withdraw corpus at the age of 60 n this corpus withdrawal is not limited to nominee?

At 5000 contribution 8.5 lakh of corpus is mentioned on some websites, if roi is fluctuating then how they are showing 8.5 lakh as exact amount?

Hi @FalconZex

  1. The corpus is only paid on the death of the subscriber to the nominee.
  2. There they have taken an example that a subscriber earns on average an interest rate of 7.94% p.a. on his contributions.

APY can go up when the economy is doing well and the Federal Reserve raises interest rates, and it can likewise drop when the economy weakens and the Fed lowers interest rates. So the return keeps on fluctuating.

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So,what is the point of ROI,if subscriber gets fixed monthly pension starting from age of 60?

Also,it is not clear that for how long subscriber will get pension (till he’s alive or some fixed no of years)?


Hi @FalconZex

They have mentioned the indicative returns in the scheme.
As per the scheme details, a person gets a pension for a fixed number of years based upon his contribution. For further details, you can refer to the scheme details and FAQ issued by PFRDA