Atal Pension Yojana UCO Bank

UCO Bank enables its customers to apply for the Atal Pension Yojana. This scheme is a boon to people working in the unorganised sector as it offers a guaranteed pension to the subscribers. The pension amount will be from Rs.1,000 to Rs.5,000.

Like other reputed public and private sectors banks in the country, UCO Bank is also offering customers with the opportunity to subscribe to the Atal Pension Yojana.

This UCO Bank Atal Pension Yojana is a central pension scheme that aims to empower the workers of the unorganized sector and is available to all Indian citizens in the age group of 18 - 40 years.

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You can download PDF version of the Atal Pension Yojana registration form from the official website of UCO Bank in order to subscribe to this pension scheme.

Key Features of UCO Bank Atal Pension Scheme

This central government scheme will offer the subscribers with guaranteed pension.
The subscribers can make contributions starting from the age of 18 and till the age of 40.
The money contributed will be invested by the bank as per the norms set by the Ministry of Finance, of the Government of India.
The monthly pension amount offered will range from INR 1,000 - INR 5,000.
Each subscriber can open only 1 account under this scheme.
Uco bank Atal Pension Yojana is open to all Indian citizens but is mostly aimed at people working in the unorganized sector.

Co-contribution from the Government of India

Those subscribers, who are not income tax payers and are not covered by any other central or state social security scheme, will receive co-contribution from the Government of India.

The government will co-contribute INR 1,000 per year or 50 percent of the amount contributed by the subscriber, whichever is lower, for a period of 5 years.

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Here is a table depicting the amount that the subscribers will be required to contribute to earn pension of INR 1,000 to INR 5,000 every month.

Age at which you start contributing	Number of years that you contribute	Pension of INR 1,000 per month	Pension of INR 2,000 per month	Pension of INR 3,000 per month	Pension of INR 4,000 per month	Pension of INR 5,000 per month
18 years	42 years	INR 42	INR 84	INR 126	INR 168	INR 210
19 years	41 years	INR 46	INR 92	INR 138	INR 183	INR 228
20 years	40 years	INR 50	INR 100	INR 150	INR 198	INR 248
21 years	39 years	INR 54	INR 108	INR 162	INR 215	INR 269
22 years	38 years	INR 59	INR 117	INR 177	INR 234	INR 292
23 years	37 years	INR 64	INR 127	INR 192	INR 254	INR 318
24 years	36 years	INR 70	INR 139	INR 208	INR 277	INR 346
25 years	35 years	INR 76	INR 151	INR 226	INR 301	INR 376
26 years	34 years	INR 82	INR 164	INR 246	INR 327	INR 409
27 years	33 years	INR 90	INR 178	INR 268	INR 356	INR 446
28 years	32 years	INR 97	INR 194	INR 292	INR 388	INR 485
29 years	31 years	INR 106	INR 212	INR 318	INR 423	INR 529
30 years	30 years	INR 116	INR 231	INR 347	INR 462	INR 577
31 years	29 years	INR 126	INR 252	INR 379	INR 504	INR 630
32 years	28 years	INR 138	INR 276	INR 414	INR 551	INR 689
33 years	27 years	INR 151	INR 302	INR 453	INR 602	INR 752
34 years	26 years	INR 165	INR 330	INR 495	INR 659	INR 824
35 years	25 years	INR 181	INR 362	INR 543	INR 722	INR 902
36 years	24 years	INR 198	INR 396	INR 594	INR 792	INR 990
37 years	23 years	INR 218	INR 436	INR 654	INR 870	INR 1,087
38 years	22 years	INR 240	INR 480	INR 720	INR 957	INR 1,196
39 years	21 years	INR 264	INR 528	INR 792	INR 1,054	INR 1,318
40 years	20 years	INR 291	INR 582	INR 873	INR 1,164	INR 1,454

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