How to transfer from Swavalamban scheme to Atal Pension Yojana

All Subscribers of Swavalamban scheme between 18-40 years of age can opt to migrate to Atal Pension Yojana* (APY) through their bank account.

  • Swavalamban scheme subscribers between 18 to 40 years of age may approach their bank branches to submit the APY application along with PRAN card for migration to APY.
  • The subscribers’ PRAN issued under Swavalamban scheme would continue to be retained in APY and new PRAN will not be issued.
  • Swavalamban scheme Subscribers without bank account will have to open a bank account and simultaneously submit the request for migration from Swavalamban to the APY to the bank.

*APY provides guaranteed minimum pension of Rs 1000-5000 to the subscriber after 60 years. The spouse also gets minimum assured pension after subscriber’s death and the indicative pension wealth of Rs 1.70 – 8.50 lacs is returned to the nominee upon death of subscriber and spouse

SUBMIT YOUR APPLICATION FORM FOR MIGRATION AT YOUR BANK BRANCH ALONG WITH PRAN CARD
For more information, Please call on our APY Toll free No. 1800110069

LEAVE A REPLY

Please enter your comment!
Please enter your name here