Atal Pension Yojana: To ensure that common people do not have to reach out to anyone for money in old age, the Central Government is running many schemes, one of them is Atal Pension Yojana.
Atal Pension Yojana: In today’s time, everyone wants to have at least enough money in old age so that they can do their work and not have to lend a hand to anyone. Keeping in view these concerns of the common people, the Central Government is running many schemes so that we and all of you can secure our future i.e. old age. One of these schemes is Atal Pension Yojana.
Atal Pension Yojana (APY) is one such scheme of the Central Government. In which you get a lump sum pension every month, so that the life of the common man can be spent comfortably. In which you can get a good amount ie pension for yourself every month after a certain time.
Life will go smoothly
Under this scheme you have to invest Rs 210 every month and after retirement you can get Rs 5,000 every month as pension. The specialty of this scheme is that the sooner you start investing in it, the more benefit you will get. In this scheme you get pension amount every month according to your investment. Due to which your life can be spent smoothly.
Will get 1000 to 5000 rupees as pension
It is noteworthy that Prime Minister Narendra Modi had launched this (Atal Pension Yojana) scheme on 9 May 2015. Means this scheme has been more than 8 years. Under this scheme, the investor gets a monthly pension ranging from Rs 1000 to Rs 5000 every month after the age of 60 years.
Such people can take advantage of the Atal Pension Yojana.
Any person between the age of 18 to 40 years can invest in Atal Pension Yojana. It is mandatory to invest in this scheme for at least 20 years. Any Indian can take advantage of this scheme. For this it is necessary to have Aadhaar, mobile number and savings bank account.
Rs 5000 pension in Rs 210
In this scheme, if an 18 year old person deposits Rs 42 per month, then he gets a pension of Rs 1000 every month after the age of 60 years. While on depositing Rs 84 you will get Rs 2000, on depositing Rs 210 you will get Rs 5,000 as pension every month. Whereas a 40 year old person will have to deposit Rs 1454 every month for a pension of Rs 5000. Similarly, different amounts have been fixed for different age groups.
- Such people can apply for Atal Pension Yojana
- Anyone who is a citizen of India can apply.
- Whose age is between 18 to 40 years.
- Whose bank account is linked to Aadhaar.
- The person who is not already taking advantage of this scheme.
