Increase your Pension with Atal Pension Yojana | Fusion - WeRIndia

Planning for retirement is one of the smartest financial decisions you can make. For millions of Indians, the Atal Pension Yojana (APY) has become a reliable way to secure a steady income after the age of 60.

This government-backed scheme is specially designed for workers in the unorganised sector who lack formal retirement benefits.

APY offers a monthly pension ranging from ₹1,000 to ₹5,000, based on your contributions and the age at which you start.

If you’re already enrolled with a pension of ₹2,000, you now have the opportunity to increase it to ₹5,000 with minimal effort.

To do this, visit the bank or financial institution where you hold your APY account. Apply to revise your pension amount.

The bank will calculate a new monthly contribution, depending on your current age and chosen pension. You may need to submit a new auto-debit form to continue hassle-free payments.

Increasing your pension brings long-term benefits. A higher monthly income after retirement gives you peace of mind and helps your family stay financially secure. It also encourages disciplined saving habits over time.

Since its launch in May 2015, APY has seen remarkable growth. Over 7.65 crore subscribers have joined, contributing more than ₹45,974 crore.

Women account for nearly 48% of participants, showing rising financial awareness among all sections of society.

Even better, digital tools have made enrolment and account management simple, helping the scheme reach rural and remote areas effectively.

Anyone aged 18 to 40 working in the unorganised sector can join. However, from October 1, 2022, income taxpayers are no longer eligible.

By increasing your APY pension today, you’re investing in a secure tomorrow.

A simple decision today can lead to long-term financial security for you and your family. Don’t wait; take action now.

Your future self will appreciate the peace of mind and stability that come from making smart financial choices.

Image from Pxhere (Free for commercial use / CC0 Public Domain)

Image Published on March 17, 2017

Image Reference: https://pxhere.com/en/photo/1174358