APY (Atal Pension Yojana)

byPaytm Editorial TeamNovember 6, 2025

Meaning

Atal Pension Yojana (APY) is a vital government scheme for retirement security.

Definition

APY, or **Atal Pension Yojana**, is an Indian government-backed pension scheme. It aims to provide a guaranteed minimum pension to individuals, mainly from the unorganised sector, after they turn 60.

Key Features

Subscribers get a guaranteed pension (₹1,000 to ₹5,000) monthly. Contributions depend on joining age and desired pension.

Benefits

APY secures financial future post-retirement. It ensures a stable income, providing social security and dignity in old age.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.