IDBI Bank Subscription Form – Atal Pension Yojana (APY) from Download

Based on the provided document, here are the key points of the Atal Pension Yojana (APY) Subscriber Registration Form administered by the Pension Fund Regulatory and Development Authority (PFRDA):

• Enrollment Intent: This form is used to open a guaranteed pension account under the National Pension System (NPS).
• Two-Part Layout: The top section is the primary application, and the bottom section serves as a “Provisional Acknowledgement” receipt stamped and signed by the bank.
• Format Rule: The application must be filled out strictly in English and BLOCK letters.

• Banking Baseline: Requires your core banking parameters including the Bank Account Number, Bank Name, and Branch Name.
• Personal Demographics: Captures the applicant’s full name, date of birth, age, mobile number, email ID, and Aadhaar number.
• Mandatory Spouse Entry: If the applicant is married, declaring the spouse’s name and Aadhaar number is legally mandatory.
• Social Security & Tax Status: Features explicit “Yes/No” checkboxes to declare whether the applicant is an income tax payer or a beneficiary of other statutory social security schemes.

• Pension Tiers: The applicant must choose their desired fixed monthly pension amount by checking one of five options: ₹1000, ₹2000, ₹3000, ₹4000, or ₹5000.
• Auto-Debit Consent: Signing the form directly authorizes the bank to automatically debit the subscription amount from the linked savings account until the subscriber reaches 60 years of age.
• Insufficient Balance Clause: The subscriber agrees that the bank is not responsible if a transaction fails due to low funds, and undertakes to deposit the outstanding contribution along with an added penalty.

• Nominee Tracking: Captures the nominee’s name, Aadhaar number, and relationship to the subscriber to ensure seamless fund routing.
• Minor Safeguards: If the designated nominee is a minor, the form requires their date of birth and the name of an appointed adult guardian.
• Signature/Thumb Rule: Requires a date, place, and signature. For thumb impressions, it specifies a Left Thumb Impression (LTI) for males and a Right Thumb Impression (RTI) for females.
• Age Cut-off: The historical template explicitly notes that individuals born before June 1st, 1975, are ineligible, highlighting the strict statutory entry age window of 18 to 40 years.

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