Application for Nominee Change in Atal Pension Yojana (APY) Account

Table of Contents:

• Sample Letter
• Live Editing Assistance
• How to Use Live Assistant
• Additional Template Options
• Download Options
• Share via Email
• Share via WhatsApp
• Copy to Clipboard
• Print Letter
• FAQs

Request Letter for Nominee Change in Atal Pension Yojana (APY) Account

To,
The Branch Manager,
_______ (Bank Name)
_______ (Branch)
_______ ( Branch Address)

Date: __/__/____(Date)

Subject: Application to Change Nominee in APY account having APY PRAN No. ____ (PRAN Number)

Sir/Madam,

I, _______ (Name) am holding an Atal Pension Yojana account having APY PRAN No. ____ (PRAN Number).

I hereby request you to update nominee in my APY account as per details mentioned below:

Nominee Name: _______________
Nominee Relationship with Account Holder: _________________
Nominee Age: _________________
Nominee Date of Birth: _____________
Nominee Guardian: _______________ (if nominee is minor)
Nominee Address: _______________

I am enclosing the APY Application Form/ Subscriber Application of Modification Form /Copy of APY PRAN / ID proof and KYC document with the application for nominee correction request.

Thanking You,

Signature: __________
Name: ___________
Contact: ___________

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FAQs

1. What is Atal Pension Yojana (APY)?
   • APY is a pension scheme launched by the Government of India to provide a defined pension to citizens in the unorganized sector.
2. How can I request a nominee change in my APY account?
   • You can request a nominee change by submitting a written application to your bank branch manager, along with the necessary documents, such as the APY Application Form, Copy of APY PRAN, and relevant ID proof and KYC documents.
3. What documents are required for a nominee change in APY account?
   • Typically, you need to submit the APY Application Form, Copy of APY PRAN, ID proof, and KYC documents along with your written request for nominee change.
4. Is there any fee for changing the nominee in an APY account?
   • Generally, there is no fee for changing the nominee in an APY account. However, it's advisable to check with your bank for any specific requirements or charges.
5. How long does it take for the nominee change to be processed in an APY account?
   • The processing time may vary depending on the bank and the completeness of the submitted documents. It's recommended to follow up with your bank branch manager for updates on the status of your request.