How to Change Details in Atal Pension Yojana Scheme

5paisa Research Team Date: 09 Feb, 2024 05:18 PM IST

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The Atal Pension Yojana (APY) is a government-backed pension scheme in India that aims to provide financial security to individuals in their old age. Administered by the Pension Fund Regulatory and Development Authority (PFRDA), the scheme encourages workers from the unorganised sector to voluntarily save for their retirement. 

If you are a member of this scheme and thinking about how to update mobile number in Atal Pension Yojana account, or other details such as updating personal information, altering your contribution amount, and so on, you can do so through both offline and online methods.

Offline Method

    1. Visit the Bank or Post Office
Start by visiting the bank or post office where you have enroled in the Atal Pension Yojana.
Approach the branch manager or a designated official to request the required forms for updating details in your APY account.

    2. Fill Out the Forms
Fill out the required forms with accurate data. Make sure you provide all the information precisely, including your name, address, nominee details, and any other modifications you might want to make.

    3. Attach Supporting Documents
Attach the supporting documents as required by the bank or post office in order to make the changes or update details in your APY account. 

    4. Submit the Forms
Submit the filled forms along with the supporting documents to the bank or post office. The officials will verify the details and process your request.


    5. Acknowledgment
You will get an acknowledgment or receipt after successfully submitting your request. Keep this document safe for future usage.

Online Method

• Visit the Atal Pension Yojana's official website or the bank's website to access your APY account.
• Log in to your APY account using your credentials. 
• Look for the section related to updating or modifying details in your APY account. 
• Enter the updated information in the respective fields. Make sure the provided details are accurate.
• After entering the updated details, submit the changes through the online portal.
• Lastly, you will receive a confirmation message or email acknowledging the successful update of details in your APY account.


Remember to keep a record of any confirmation for your reference. In case of any doubts or specific requirements, it's advisable to contact the bank or post office where you hold your APY account for assistance.

How to Fill Your Atal Pension Yojana Correction Form?

If you are unsure about how to change details in Atal Pension Yojana scheme, here’s a step-by-step guide that will aid you in filling up the application form accurately.

    1. Update Your Personal Details

If you need to change your personal details including name, email address, or contact details in the APY account, follow these methods:

    • Navigate to the "Personal Details" section of the APY form.
    • Fill up the accurate information, including your name, mobile number, email address, and PAN card data.
    • If your taxation status or entitlement under social security schemes has changed (relevant for subscribers enrolled before March 31, 2016), provide the required information.
    • Verify all information and sign the form in the declaration section.


    2. Change Your Bank Account in APY

To update your bank details in the Atal Pension Yojana, including the bank account number, bank name, branch, and IFSC code, follow these pointers:

    • Fill out the necessary information in the relevant box for modifying bank information.
    • Ensure that the bank information you provided is correct.
    • Once the bank information has been effectively changed, proceed to the next phase of modifications.

    3. Update Your APY Nominee

    • Go to the "Correction in Nominee Details" box of the application form.
    • Correct the nominee's details, including spouse name, marital status, date of birth (for minors, provide guardian details), nominee name, and relationship with the beneficiary.
    • Check all the information for accuracy and submit the form, signing your name in the declaration.

    4. Change Your Date of Birth

    • Fill in the correct date, month, and year (DD/MM/YYYY) in the designated section.
    • Submit the form with your signature in the declaration section.

    5. Change Your Pension Amount in APY

While changing your pension amount, you may not only upgrade the amount but have an option to downgrade it. 
 

Online Procedure

• Visit the official website of NPS.
• Enter your PRAN (Permanent Retirement Account Number) and the new pension amount.
• Submit the information along with the Captcha code.

Offline Procedure

• Obtain the "Atal Pension Yojana Upgrade or Downgrade Pension Amount" form from the official website.
• Fill out the form using the updated pension scheme.
• Pay the relevant fees for the upgrade or downgrade.
• In the event of a downgrade, the refund amount will be credited to your bank account.

Important Things to Keep in Mind While Filling in the Form

Here are a few things that you must remember while filling up the application form to avoid rejection:

• Ensure that you fill in the form using block letters to guarantee accuracy and clarity in the provided information.
• A 12-digit PRAN is mandatory for processing any updates. Make sure to include your correct PRAN to facilitate the necessary modifications effectively.
• It is critical to provide the necessary supporting documentation with your application. The inability to provide the relevant documents may result in the rejection of your application.
• Make sure that your submission is comprehensive and supported by all required paperwork to avoid any complications.
• After submitting the form, secure the stamped acknowledgment receipt provided by the bank. This receipt serves as a crucial record for future reference. 

Conclusion

To summarise, updating information in the Atal Pension Yojana is critical for ensuring the accuracy of your information and preserving your financial stability. Whether you choose the offline option or an online interface, rigorous attention to detail is essential. Keeping the necessary data in mind while filling out the form will help to ensure that your Atal Pension Yojana account is updated adequately and promptly.

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Frequently Asked Questions

Yes, it is mandatory to provide details of a nominee when applying for APY. The nominee information ensures the proper distribution of benefits in case of the subscriber's demise.

To change your phone number on APY, go to the bank or post office where you registered. Fill out the required forms, attach supporting documents, and submit them for verification.

To access your APY account online, simply visit the official APY website or your bank's online portal. Log in with your username and password and proceed to your account dashboard.