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The Atal Pension Yojana (APY) is a government initiative providing monthly financial support of 5000/- to individuals aged 18-40, with a focus on those in the unorganized sector.
To enroll, visit your bank or post office, open a savings account if necessary, complete the APY registration form with staff assistance, optionally provide Aadhaar and mobile number, maintain the required balance for regular contributions. This scheme encourages retirement savings and mitigates longevity risks.
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