APY Scheme
APY Scheme

Government of India’s contributory pension scheme that guarantees up to Rs 5000 per month to low-income workers in their old age.

Challenge
Challenge

90% of India’s 500 mil workforce is employed in the informal sector. Only 12% are covered by an old-age pension scheme.

Beneficiaries
Beneficiaries

MyBit project targets to serve over 20,000 low-income families living in 400 villages of Odisha and Karnataka.

Support
Support

MyBit uses information campaigns and fiscal incentives to motivate higher enrollments and savings in the APY scheme by beneficiaries.

Donate to our monthly fund for pension contributions in rural India

Events & News

Jaganathpur
28/02 Durgabati wins first MyBit Lottery! Jagatsinghpur

MyBit project team today announced that Durgabati Dash, resident of Jagannathpura village, is the first lucky winner of its monthly lottery. The prize money of Rs 5000 can be used to support Durgabati’s monthly contributions for one year.

21/01 APY Information Sessions in rural Odisha Balikuda, Jagatsinghpur

MyBit field team today visited Ichhapur village in Balikuda block and organized a group meeting to explain the benefits of old-age pension and the details of APY scheme.

20/12 APY Poster Campaign Jagatsinghpur

MyBit project team announced that it has successfully completed it's APY poster campaign in 200 villages of Jagatsinghapur district.