NEW DELHI, Apr 21:
The total enrollments under Atal Pension Yojana (APY) scheme crossed 4.01 crore mark as on March 2022, out of which more than 99 lakh accounts were opened during FY 2021-22, an official statement said on Thursday.
Around 71 per cent of the enrollments were done by public-sector banks, 19 per cent by regional rural banks, six per cent by private sector banks and three per cent by payment and small finance banks.
State Bank of India(SBI), Indian Bank, Bank of India(BOI), Bank of Baroda(BOB) and Central Bank of India achieved annual targets in the Public-sector Bank category.
Vidarbha Konkan Bank, Tripura Gramin Bank, Jharkhand Rajya Gramin Bank, Paschim Banga Gramin Bank, Baroda UP Bank, Uttarbanga Kshetriya Gramin Bank, Aryavart Bank, Baroda Gujarat Gramin Bank, Uttar Bihar Gramin Bank, Maharashtra Gramin Bank, Odisha Gramya Bank, Madhya Pradesh Gramin Bank, Karnataka Vikas Grameena Bank, Chaitanya Godavari Grameena Bank, Telangana Grameena Bank, Andhra Pradesh Grameena Vikas Bank, Baroda, Rajasthan Kshetriya Gramin Bank, Rajasthan Marudhara Gramin Bank, Dakshin Bihar Gramin Bank, Prathama UP Gramin Bank, Punjab Gramin Bank, Puduvai Bharthiar Grama Bank, Andhra Pragathi Grameena Bank, Manipur Rural Bank and Uttarakhand Gramin Bank achieved annual targets in the Regional Rural Bank category.
Tamilnad Mercantile Bank, AU Small Finance Bank, Mahila Sewa Sahakari Bank, The Kalupur Commercial Co-Operative Bank, The Sabarkantha District Central Co-Operative Bank and Rajkot Nagarik Sahakari Bank achieved annual targets in other bank categories.
Apart from the banks, nine State Level Bankers Committee Bihar, Jharkhand, Assam, Uttar Pradesh, West-Bengal, Rajasthan, Madhya Pradesh, Odisha and Tripura achieved annual targets under APY.
Out of the total enrollments under APY as on March 31, 2022, nearly 80 per cent subscribers opted for Rs 1000 pension plan and 13 per cent for Rs 5000 pension plan.
Out of the total APY subscribers, 44 per cent were female subscribers while 56 per cent male subscribers. Further, out of the total APY subscribers, 45 per cent were aged between 18 and 25 years.
Atal Pension Yojana is the guaranteed pension scheme of Government of India administered by Pension Fund Regulatory and Development Authority. (UNI)
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