Now you can undoubtedly open an Atal Pension Yojana (APY) account online simply by utilizing your Aadhaar number and without the need to visit a bank office.
“eAPY offers consistent advanced enlistment without the need to visit one’s bank office, in this way saving time, exertion, cost and offers an incredible comfort,” according to a Pension Fund Regulatory and Development Authority (PFRDA) round. There are no extra charges for profiting of the facility.
The government presented APY for an annuity comprehensive society wherein each Indian resident who has a place with the chaotic area can get their advanced age pay.
The plan is directed by PFRDA under its regulatory and general engineering of the National Pension System (NPS) through banks and parts of Department of Post, which are going about as APY Service Providers (APY-SP), as per the PFRDA round.
The controller, PFRDA, has been given eAPY go on that will facilitate the onboarding of supporters through Aadhaar.
At this point, the enlistment under the plan happens through physical, net banking or other advanced modes gave by the particular APY-SPs. To build the effort and further work on the course of membership, PCRA (Protean e-Governance Technologies Central Recordkeeping Agency) has given eAPY, the advanced on boarding office through Aadhaar eKYC/XML as an extra choice.
Endorsers who incline toward eAPY as need might arise to guarantee the accompanying:
- -The segment data gave at the hour of enrollment through eAPY by utilizing e KYC/XML coordinates with the data accessible in bank records.
- -The account ought to have adequate balance towards the principal portion of APY commitment according to the decision of annuity between ₹1000 – ₹5000.
- -APY account enacted after validation of the data viz name and date of birth got from Aadhaar.
- -Online enrollment dismissed by the separate banks informed, with the reasons of dismissal to those endorsers of resubmit their solicitations after correction
