APY Closure Form (Atal Pension Yojana Closure)
Download the Atal Pension Yojana (APY) Account Closure Form in PDF format here. The Atal Pension Yojana was initially launched without any exit policy. However, due to slow subscriber enrollment, the government has made several updates to the rules.
Understanding the APY Closure Process
APY Account Closure Form Download
Previously, there was no formal way to exit the scheme, except in cases where the subscriber passed away or was diagnosed with a terminal illness. Today, the new rules allow any subscriber to exit the Atal Pension Yojana, provided they renounce the government contributions and the actual net interest earned on their contributions.
The government has introduced simpler options for contributions, which can now be made on a monthly, quarterly, or half-yearly basis, along with a clear exit option for subscribers. If you want to close your Atal Pension Yojana (APY) account, just visit your bank branch and fill out the exit form.
You can conveniently download the Atal Pension Yojana (APY) Account Closing Form in PDF format online from the link below. Don’t miss out on this important document for your financial management! 📄