Atal Pension Yojana Reaches 81 Million Enrolments in its 10th Year: PFRDA

The Atal Pension Yojana (APY), launched in 2015 to provide pension coverage for unorganised sector workers, has crossed 81 million enrolments as it completes a decade, as per the Pension Fund Regulatory and Development Authority (PFRDA).

Enrolment Trends

As per the reports, last year, more than 11.7 million people joined the scheme. Of these, 55% were women. Younger participants are also showing greater interest, with 46% of new subscribers in the 18-25 age bracket.

The scheme’s assets under management (AUM) have gone past ₹48,000 crore. Since its inception, APY has recorded a compound annual growth rate of 9.12%. It also saw its fastest growth in a single financial year, with 5 million subscribers added.

Role of Banks

At an annual felicitation programme in New Delhi, PFRDA Chairperson S. Ramann highlighted the contribution of banks in expanding the scheme’s coverage. Public sector lenders such as State Bank of India, Bank of India and Indian Bank achieved their targets, while IDBI Bank led among private sector banks.

Regional Institutions

Regional rural banks and cooperative banks in states including Jharkhand, Tripura and Andhra Pradesh posted strong performance in enrolments, as per the reports. State-level bankers’ committees were also recognised for their role in extending the scheme’s reach.

PFRDA noted that APY has expanded across all states and union territories. Smaller towns and rural districts in particular have seen stronger adoption, showing their penetration in areas where pension access was earlier limited.

Read more: Atal Pension Yojana Adds 3.9 Million New Members in FY26, Reaching 80 Million Total!

Conclusion

With more than 81 million subscribers and assets over ₹48,000 crore, APY has established a wide base in its tenth year, marked by steady enrolments from women, youth, and rural regions.

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