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Q.

Who Is Eligible For Atal Pension Yojana Scheme?

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0 2022-08-11T10:05:36+00:00

Our gardener had applied for the Atal Pension Yojana and we do consider him as an intelligent person to have done that. People often fail to save money that they can use when they get old and to help the poor class people mainly our government has initiated the .Atal Pension Yojana. When the gardener was discussing this scheme with my father, I got to know about people

who are not eligible for

Atal Pension Yojana. If you too are looking for the criteria, let me share all the things I know about this scheme.

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Who is eligible for Atal Pension Yojana scheme?

Any citizen of India is eligible for this scheme if:

  • The person’s age is between 18 to 40 years

  • He or she must have a savings bank or post office savings account

  • College students can also apply for this scheme

  • All bank account holders who are not members of any statutory social security scheme

These are the main eligibility criteria for APY that are to be looked after.

 

Who is not eligible for Atal Pension Yojana ?

Now do know that people below 18 years or above 40 years are not eligible to apply for this scheme. A minimum contribution period of 20 years is also compulsory hence anyone contributing below 20 years will not be accepted.

 

These points must be enough to help you know about the Atal Pension Yojana Eligibility Criteria.

  Can a person have PPF and APY both?

Yes. A person can apply for both National Pension Scheme and Atal Pension Yojana at the same time.

 

I hope I have made you understand

who are not eligible for Atal Pension Yojana.

  Read More:

What is Rajiv Gandhi Awas Yojana?

Pradhanmantri Awas Yojana

How to download Atal Pension Yojana Statement

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