Atal Pension Yojana Update 2023: Atal Pension Yojana (Atal Pension Yojana) is a social security scheme. You get three types of options to invest in this scheme. This investment can be done monthly, quarterly or half-yearly. At the age of 60, you start getting monthly pension.
This pension is available on the basis of contribution made in the account (APY Pension Scheme). That is, the monthly pension is received on the same basis, on the basis of which the contribution was made till the age of 60 years.
New Atal Pension Yojana Update 2023
Important changes are going to happen in Atal Pension Yojana from October 1. Those who pay Income Tax Payers will not be able to invest in this social security scheme of the government.
The thing to note here is that this rule will not apply to those whose account has been opened before 1 October 2022. In Atal Pension Yojana (APY Pension Scheme), you can open an account through both offline and online methods. Come, let’s know about it here.
How to open Atal Pension Yojana account by visiting branch
According to the State Bank of India (SBI) website, an application can be made to open an Atal Pension Yojana account by visiting the bank branch where you have your savings account (APY Pension Scheme). It can also be opened through internet banking facility.
According to HDFC Bank, Atal Pension Yojana forms are available in most of the branches of all the banks.
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Completely filled application form has to be submitted to the bank. If you have a bank account, the KYC details will be duplicated from the bank account.
The account is opened after the application process is completed. This information is given to you by sending SMS to the registered mobile number of Atal Pension Yojana.
How to open APY account through Aadhaar card?
Atal Pension Yojana Account (APY Pension Scheme) can be opened through Aadhaar card without going to the branch. NPS Trust has given this information by issuing circular on e-APY. There are two types of process flow and workflow for Atal Pension Yojana e-APY registration.

- Offline XML Based Aadhaar KYC
- Online Aadhaar Based e-KYC
- How to open account
- There are two options to open APY Account (APY Pension Scheme) through Aadhaar Card. Registration through Aadhaar or Virtual ID
- In case of Aadhaar, the customer needs to enter the 12 digit Aadhaar
- In case of Virtual ID, the Atal Pension Yojana subscriber has to enter the 16 digit Virtual ID
- First of all go to My Aadhaar option. Then choose Aadhaar Services in it. After that go to Virtual ID (VID) Generator. Enter your Aadhaar. Enter captcha. Click on Send OTP. Enter OTP. Send it
- Note down the Virtual ID (VID) carefully. It is required at the time of registration.
Atal Pension Yojana Latest Update 2023
Those who choose Atal Pension Yojana as the mode of registration need to ensure the following things. In this regard, a circular (APY Pension Scheme) was issued on 21 April 2022.
The demographic information provided at the time of registration through e-APY (APY Pension Scheme) using e-KYC/XML should match with the information available in the bank records.
There should be sufficient amount in the savings bank account to pay the first instalment.
Atal Pension Yojana account should be activated on the basis of information given in Aadhaar such as name and date of birth. Atal Pension Yojana Update 2023
What is the eligibility to open Atal Pension Yojana account?
Any person who has a bank account is eligible to open an account in the Atal Pension Yojana Scheme (APY Pension Scheme). Monthly, quarterly or half yearly contribution is automatically deducted from the bank account. You need to give mandate regarding Atal Pension Yojana Update 2023