South Indian Bank Ltd. Head Office T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India
APY
South Indian Bank, in partnership with the Government of India’s Atal Pension Yojana (APY), offers a simple, reliable, and affordable pension scheme designed for unorganised sector workers and individuals seeking financial security post-retirement. APY ensures regular monthly pensions to subscribers and their families, empowering them with financial independence during their retirement years.
Choosing South Indian Bank for Atal Pension Yojana (APY) ensures a smooth and reliable experience. The bank offers a hassle-free enrollment process, allowing customers to apply through convenient branch visits or digital channels. With a strong legacy of serving millions of satisfied customers, South Indian Bank stands as a trusted partner for your financial needs. Its transparent and customer- centric approach guarantees seamless pension contributions, making your journey toward retirement planning stress-free and efficient.
To enroll in the Atal Pension Yojana, individuals must meet the following eligibility criteria-
To apply for APY, the following documents are needed-
Ensure all documents are submitted during the application process for hassle-free enrollment in APY.
Applicants to provide their Aadhaar number and mobile number to the bank during registration to receive periodic updates on their APY account. However, providing Aadhaar is not mandatory for enrollment.
To get answers to the frequently asked queries
Any individual aged 18–40 with a South Indian Bank savings account can subscribe.
Yes, subscribers can modify their pension amount once a year.
A penalty will be charged for delayed contributions. Continuous non-payment may lead to account deactivation.
Yes, APY accounts are portable across banks in India.
In the event of the subscriber's demise, the nominee will receive the pension or the corpus, as applicable.
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