HomePersonal BankingRetail ServicesAtal Pension Yojana (APY)
Learn more about the exclusive Atal Pension Yojana Scheme.
Atal Pension Yojana (APY) is a formal pension scheme which would benefit people when they are 60 years old. This scheme is mainly for workers in unorganized sector, which will encourage the habit of saving for their retirement. The scheme will be administered by the Pension Fund Regulatory and Development Authority (PFRDA) and replace the previous government's Swavalamban Yojana NPS Life.
A Game Changer - APY is for pensioned society from pension less society.
A pension provides people with a monthly income when they are no longer earning. Currently only 12% of India's Population namely Government Employees and Bank Employees are provided with pension benefits. Old Age Protection through Pension is need of the hour. Pension ensures peaceful life of aged people and makes old age people to live their life independently without depending others for their livelihood.
TMB is authorized Point of Presence Service Provider to handle the opening of Pension Account and handling the subscription.
Note: Proposal Form is provided in the website with a facility to down load them by the customers. The filled in and signed forms can be sent by the customers by post or courier to the home branch or else the customer has to go personally or through any third party to the Home Branch and deliver the filled in application form to them to enrol under the scheme.
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