Features & Benefits
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- APY is a periodic contribution-based pension plan, based on the monthly assured amount of - ₹1,000/-, ₹2,000/-, ₹3,000/-, ₹4,000/- and ₹5,000/- pension after the age of 60 years.
- The premium will be auto debited from the customer's account on periodic intervals i.e., Monthly/Quarterly/ Half-Yearly, based on the customer's option to pay the premium.
- A monthly pension amount starting from ₹1,000-, ₹2,000/-, ₹3,000/-, ₹4,000/- and ₹5,000/- can be received by subscribers, every month after their retirement at the age of 60 years, until the death of the subscriber.
- After the death of the account holder, the spouse will be entitled to get the exact same pension amount as the subscriber was entitled for, until the death of the spouse.
- After the demise of both spouse and subscriber, the nominee will be entitled to receive the Corpus amount.
- Click Here for APY Subscribers' Contibution Chart.
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