The government-backed pension scheme Atal Pension Yojana (APY) aims to provide pension benefits to the unorganised sector. It guarantees pension benefits during retirement. The subscribers have the option to select the contribution amount because this will affect the amount of returns they'll receive. The subscriber will receive a pension amount ranging from Rs. 1000 to Rs. 5000 per month on reaching 60 years of age. However, if the actual returns on the contributions made are higher, then a higher amount of monthly pension may be received by the subscriber.
Besides using the APY App, you can also use the official website to check your APY contribution by following the steps below: