August 30, 2017 1:59 PM

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Atal Pension Yojana surges ahead with 62 lakhs enrollments

Atal Pension Yojana has surged ahead with 62 lakh enrolment till date in 2 years after launch of the scheme.<br/><br/> A total of 3.07 lakh APY accounts have been sourced under One Nation One Pension. The stellar performance of the banks under the campaign includes some of the largest banks in the country namely, State Bank of India sourcing a stupendous 51,000 APY accounts and other prominent banks like Canara Bank which has sourced over 32 thousand APY accounts. <br/><br/>Increasing enrolment is attributed to financialisation of assets and driving the people to pension products which have Government implicit guarantee to give an assured pension to the subscriber, spouse and return of corpus to the nominee.<br/>

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