Kotak Bank – How To Enroll for Atal Pension Yojana (APY) Online

Kotak Mahindra Bank customers can now enroll for Atal Pension Yojana (APY) online using net banking. Atal Pension Yojana (APY), a pension scheme for citizens of India, is focused on the unorganized sector workers.

Atal Pension Yojana (APY) was announced by the Government of India during the 2015-16 budget. Ever since the Atal Pension Yojana has enabled many Indians to secure their future post-retirement.

Under the APY, guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.


  • Available only to Indian citizens
  • Age should be between 18 to 40 years
  • Must have a valid Savings Bank Account

Kotak Bank – Enroll Atal Pension Yojana Online

If you are Kotak Bank customer and interested in APY then follow below steps and apply online for APY.

Login to Kotak Internet Banking: https://www.kotak.com/

After login, click on Banking tab and select Enroll for Atal Pension Yojna.

Kotak Bank - How To Enroll for Atal Pension Yojna (APY) Online

Next screen, select your saving account number (Amount will be debit from this account), select Pension Amount, select contribution amount+period (monthly, Quarterly, half-yearly), enter marital status, add nominee (optional) and submit your application.

Kotak Bank - How To Enroll for Atal Pension Yojna (APY) Online

Upon submitting the request, a pre-generated PRAN (Permanent Retirement Account Number) will be allotted & the contribution amount will be debited from customer’s Bank account automatically. Going forward the contribution will be debited on the 1st day of every Month/Quarter/Half yearly basis the frequency selected.

For instance, If you selected Monthly contribution, then the amount will be debited from your saving account on the 1st day of every month.

As per the APY scheme, no PRAN card will be issued to the subscriber. Physical copy of the annual statement of APY account will be provided to the subscribers once a year by NSDL (National Securities Depository Limited).

To know more, you can visit Kotak APY FAQ page