Atal Pension Yojana (APY): Online Account Statement For The Subscribers

Tuesday, June 13th, 2017 Amritesh 2 responses

Atal Pension Yojana (APY)

Subscribers to the Atal Pension Yojana (APY) may now download the statement of their contribution to the scheme online by providing the relevant account related information. APY does provide hard copies of the statement but many of the subscribers are not in receipt of the same. However, for Income Tax declaration and various other purpose the statement is often required.

Contribution to Atal Pension Yojana (APY) is eligible for Tax Deduction U/S 80 CCD (1b) thereby making it a decent retirement plan for the individuals. Individuals aged between 18-40 years are eligible to subscribe to the scheme. The minimum monthly contribution which may be made to the scheme is Rs 42/- while maximum monthly contribution is capped at Rs 1,454/- depending on the pension plan and the age of the Subscriber. The scheme provides minimum pension of Rs 1,000/- with the maximum pension amount is capped at Rs 5,000/-.

The details about the Scheme has been discussed in the link shared below:

http://wealthtechspeaks.in/atal-pension-yojana-retirement-plan.html

Online Statement of contribution to the APY will help individuals regularly track their investment. The process to download the statement is very simple and easy. In this article I will discuss the process to download and view the e-statement.

Individuals will be able to view the following details on the portal:

Account Holder Details

Atal Pension Yojana (APY) Details

Pension and Contribution Details

PRAN Information

Linked Bank Account Information

Process to Download the view the E-Statement and E-PRAN:

Step1:

Subscriber to log onto the NSDL portal

https://www.npscra.nsdl.co.in/scheme-details.php

Step2:

Click on the link to the APY E-PRAN/Transaction Statement View

Atal Pension Yojana Portal

Step3:

Select for the available options:

Click to Search with PRAN (Using PRAN Number available in the Registered Bank Statement)

Click to Search without PRAN (Using Subscriber Name, Registered Bank Details and Date of Birth)

From “Views for Subscriber” chose the following:

e-Pran View, Or

Statement of Transaction (SOT) View

Followed By the Respective Financial Year

Provide the Captcha and Submit.

Atal Pension Yojana Portal

Now the Subscribers may view statement for relevant Financial Year.

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Amritesh is an experienced professional in the field of HR, Finance and Compliance. He is currently working in the IT Industry with an US based firm. He took up Blogging as a hobby which eventually turned into passion. He primarily focuses on topics related to Personal Finance, HR, Compliance and Technology.

All the opinions/suggestions/views expressed on this blog are just for sharing information. Readers are requested to consult their respective financial advisers and experts before taking any decision. Views shared through post or comments are personal opinion meant for reference of the readers. These should not be considered as Investment Advice or Legal Opinion. The Blog or the Author does not take any responsibility regarding any such action taken by any Individual.
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2 Comments on "Atal Pension Yojana (APY): Online Account Statement For The Subscribers"

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J S Sahedani
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Amritesh, you have clearly mentioned as how Statement of Account can be obtained online for APY Account.

I would like to ask you two matters regarding APY:
a) Can a person contribute both in NPS as well as in APY?

b) The tax benefit of Rs. 50,000/- (max) can be availed separately by subscribing in both the Schemes?