Under Atal Pension Yojana, in case of upgradation of the

Solution

A subscriber of Atal Pension Yojana can opt to decrease or increase pension amount during the course of accumulation phase, once a financial year.  

• For upgradation , the subscribers have to pay the differential amount of contribution at the rate of 8% p.a. on monthly compounding basis  
• In the case of down gradation , the excess amount of contribution collected from the subscriber would be refunded to the subscribers along with the returns generated.   
• For upgradation or down gradation, other than error cases, the subscribers would be required to pay a fee of Rs. 50, which will be shared equally by PoP -APYSP and CRA.