Steps to open APY Pension Yojana with Required Document List.
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Below is the procedure to Open an Atal Pension Yojna Account.
- Approach the bank branch where individual’s savings bank account is held.
- Fill up the APY registration form.
- Provide Aadhaar/Mobile Number.
- Ensure keeping the required balance in the savings bank account for transfer of monthly contribution.
Whether Aadhaar Number is compulsory for joining the scheme?
It is not mandatory to provide Aadhaar number for opening APY account. However, For enrolment, Aadhaar would be the primary KYC document for identification of beneficiaries, spouse and nominees to avoid pension rights and entitlement related disputes in the long-term.
Can I open APY Account without savings bank account?
No. For joining APY, savings bank account is mandatory.
What is the mode of contribution to the account?
All the contributions are to be remitted monthly through auto-debit facility from savings bank account of the subscriber.