**Executive Summary**
The Pension Fund Regulatory and Development Authority (PFRDA) held the Atal Pension Yojana (APY) Annual Felicitation Programme on August 25, 2025, in New Delhi. The event recognized and awarded 44 APY SPs, 10 SLBCs, top 5 Branches, and Lead District Managers for exceeding annual targets under APY for the financial year 2024-25. PFRDA reaffirmed its commitment to expanding APY's outreach.
**Key Points / Main Content**
* **APY Performance and Growth:**
* APY has over 8.11 crore total enrollees as of August 21, 2025.
* 1.17 crore new subscribers enrolled in FY 2024-25.
* APY achieved the fastest-ever 50 lakh subscribers in a single FY.
* 46% of new enrollees in FY 2024-25 were youth aged 18-25 years.
* 55% of total new enrollees in FY 2024-25 were women.
* ₹48,000+ crore AUM and 9.12% CAGR since inception.
* **Top Performing Institutions (FY 2024-25):**
* *Public Sector Banks:* Bank of India (126%), State Bank of India (123%), Indian Bank (118%).
* *Major Private Banks:* IDBI Bank (145%).
* *Regional Rural Banks:* Jharkhand Rajya Gramin Bank (393%), Tripura Gramin Bank (351%).
* *Small Finance Banks:* AU Small Finance Bank (109%).
* *Cooperative Banks:* Shri Mahila Sewa Sahakari Bank (400%), Andhra Pradesh State Co-op Bank (207%).
* *State Level (SLBCs):* Jharkhand (184%), Bihar (175%), Tripura (158%).
* *District Level (LDMs):* Seoni, Madhya Pradesh (530%), Pakur, Jharkhand (509%), Gaya, Bihar (289%).
* *Branch Level:* Mankapur Branch of Indian Bank (5,123), Sakra Branch of Bank of India (5,050), Kanti T.P.C. Branch of Bank of India (4,224), Gauraru Branch of Punjab National Bank (4,200), Baragaon Branch of Indian Bank (3,883).
**Impact Analysis**
**Stakeholder: Banks and Financial Institutions**
* **Impact:** Recognition for high achievement, encouragement to expand APY outreach, contribute to pension security.
* **Action Required:** Continue efforts to expand APY outreach, improve persistency, and drive financial literacy.
**Stakeholder: Potential APY Subscribers**
* **Impact:** Increased awareness of APY as a trusted retirement solution, opportunity to secure a dignified future through pension benefits.
* **Action Required:** Consider enrolling in APY through banks or post offices.
**Stakeholder: PFRDA**
* **Impact:** Recognition as facilitator of successful pension scheme.
* **Action Required:** Maintain commitment to working with banks and post offices to ensure every eligible citizen is covered under APY.
Key Entities Referenced
Atal Pension Yojana (APY): A government-backed pension scheme aimed at providing financial security in old age.
Pension Fund Regulatory and Development Authority (PFRDA): The regulatory body responsible for overseeing and promoting the development of the pension sector in India, including the APY.
Bank of India: One of the Public Sector Banks that has contributed significantly to the Atal Pension Yojana.
State Bank of India: One of the Public Sector Banks that has contributed significantly to the Atal Pension Yojana.
New Delhi: Location of the Annual Felicitation Programme.
PRESS RELEASE
PFRDA conducts Atal Pension Yojana Annual Felicitation Programme
on 25 August 2025 (Monday) at The Imperial Hotel, New Delhi
New Delhi, 25 August 2025 – The Pension Fund Regulatory and Development Authority (PFRDA)
organised the APY Annual Felicitation Programme on 25 August 2025 at The Imperial Hotel, New
Delhi. In the program, 44 APY SPs, 10 SLBCs and country wide top 5 Branches and Lead District
Managers were awarded for their outstanding performance in achieving the annual target under APY
during the F.Y. 2024-25.
Shri S. Ramann, Chairperson, PFRDA, in his special address, congratulated the winners and urged all
stakeholders to continue working with dedication towards building a pensioned society. He recognised
the banking fraternity’s crucial support and shared that APY, in its 10th year, achieved the fastest-ever
50 lakh subscribers in a single FY, with 46% enrolments from youth aged 18–25 years. He underlined
that APY, with ₹48,000+ crore AUM and 9.12% CAGR since inception, is a robust and sustainable
pension product, and urged all banks, particularly private sector banks, to enhance efforts, improve
persistency, and drive financial literacy to achieve pension saturation.
APY has been implemented comprehensively across the country covering all States and Union
Territories. The total gross enrolments under Atal Pension Yojana have crossed 8.11 crore as of 21st
August 2025, of which more than 1.17 crore new subscribers were enrolled in F.Y. 2024-25. APY is
rapidly gaining popularity amongst female population and younger generation of the country. In the FY
2024-25, out of the total enrolments, 55% were women.
In FY 2024-25, the banking fraternity demonstrated outstanding commitment towards APY’s success.
Among Public Sector Banks, Bank of India (126%), State Bank of India (123%), and Indian Bank
(118%) led the achievers, followed by Punjab & Sind Bank (106%) and Union Bank of India (103%).
In the Major Private Banks category, IDBI Bank excelled with 145% achievement. Regional Rural
Banks (RRBs) emerged as frontrunners, with Jharkhand Rajya Gramin Bank (393%) and Tripura
Gramin Bank (351%) setting benchmarks, alongside strong performances from Punjab Gramin Bank
(157%), Andhra Pradesh Grameena Bank (152%), and Assam Gramin Vikash Bank (149%). AU Small
Finance Bank too contributed significantly with 109% achievement. Cooperative Banks also made a
mark, led by Shri Mahila Sewa Sahakari Bank (400%), Andhra Pradesh State Co-op Bank (207%),
South Canara DCC Bank (142%), Mizoram Co-op Apex Bank (125%), and Sabarkantha DCC Bank
(111%). At the state level, SLBCs such as Jharkhand (184%), Bihar (175%), and Tripura (158%) were
top achievers, with West Bengal (148%) and Assam (130%) also performing strongly. At the district
level, the Top 5 LDMs were Seoni, Madhya Pradesh (530%), Pakur, Jharkhand (509%), Gaya, Bihar
(289%), Maldah, West Bengal (285%), and Murshidabad, West Bengal (268%). At the branch level,
the highest enrolments came from Mankapur Branch of Indian Bank (5,123), Sakra Branch of Bank of
India (5,050), Kanti T.P.C. Branch of Bank of India (4,224), Gauraru Branch of Punjab National Bank
(4,200), and Baragaon Branch of Indian Bank (3,883). Collectively, these achievements reflect the
tireless efforts of banks and institutions in expanding APY’s outreach and ensuring pension security for
millions.
With APY emerging as a trusted retirement solution for millions, PFRDA reaffirmed its commitment
to working closely with banks and post offices to ensure every eligible citizen is covered under the
scheme, securing a dignified future for all.
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