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Atal Pension Yojna gets a digital makeover

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With a view to digitally empower the Atal Pension Yojana (APY) subscribers and improve the quality of service, the facility of online viewing of the statement of transaction(e-SOT) and facility of e-PRAN card have been launched.

More than 45 lakh APY subscribers are likely to be benefitted with the move. The APY subscribers can visit the website: www.npscra.nsdl.co.in or www.npstrust.org.in under the Atal Pension Yojana Section to avail these value added facilities, stated an official communiqué by the Ministry of Finance.

By providing the APY/PRAN Account details and Savings Bank Account number details, the APY subscriber can view one’s APY Account Statement. Even for the APY subscriber who does not have his APY PRAN number readily available can also avail these facilities by providing one’s Date of Birth and Savings Bank Account number details.

This online tool enables the subscribers to view his complete details of APY account like transaction details, pension amount, pension commencement date, nominee name, associated bank name etc.

Even though the feature is a self-servicing tool but the service providers can also access the feature on behalf of their customer to improve the quality of customer service. APY Subscribers can print their e PRAN card and get it laminated for their future reference if needed. In case of any changes in the demographic details in the APY account, the subscribers can re-print their e-PRAN which shows the updated subscriber records.

The Atal Pension Yojana (APY) Scheme is being implemented through 235 APY-Service Providers all over the country consisting of 27 Public Sector Banks (PSBs), 19 private banks, one foreign bank, 56 Regional Rural Banks (RRBs), 109 District Cooperative Banks (DCBs), 16 State Cooperative Banks(SCBs), six Urban Cooperative Banks (UCBs) and the Department of Posts. All the APY-SPs are partners in achieving the APY outreach through-out the length and breadth of the country.

Presently, there are more than 45 lakhs subscribers registered in the Scheme. About 10000-15000 APY subscribers are getting enrolled into the Scheme every day.

The Atal Pension Yojana (APY) was launched by the Prime Minister Narendra Modi on 9 May, 2015 and became operational from 1 June, 2015. APY is available for all citizens of India in the age group of 18-40 years.

 

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