If you are also planning for retirement, then you can invest in these government schemes. These schemes can become the support of your old age. Let’s take a look at the information related to it.
Government Schemes : After retirement, people start worrying about their own expenses. To get rid of these problems, the Government of India provides many such schemes, which can become the support of your old age. Investing in these schemes is also very easy. We are going to tell you about 5 such schemes, by which you can live your life well even after retirement. If you too are planning your retirement from now, then know about these schemes being run by the government.
Atal Pension Yojana
This is one of the great scheme run by the Government of India. A person from 18 years to 40 years can invest in this. On attaining the age of 60 years, an amount of Rs 1000-5000 per month is received every month. You can make 100% withdrawal under Atal Pension Yojana.
Life Insurance Corporation of India
LIC also runs several schemes for senior citizens. Out of this, Saral Pension Yojana is considered to be the best option. The person investing in this starts getting the benefit of pension at the age of 40. You can also withdraw money at the time of need, you get up to 95% return on surrender of the policy. With the facility of loan, you get the benefit of pension for life.
Senior Citizen Savings Scheme
Senior Citizen Saving Scheme is one of the schemes run by the Post Office. Under this, up to 7.4 percent interest is available, in which you can invest for 5 years. You can start with an investment of Rs 1000 in this scheme. People who are 60 years old can invest in this scheme.
Pradhan Mantri Vaya Vandana Yojana
Pradhan Mantri Vaya Vandana Yojana is a special government scheme for safe investment and better returns. On investing in this, there is a benefit of pension up to Rs 1000-10,000 every month. In this, up to 8 percent interest is available. For monthly income, you have to invest up to Rs 15 lakh.
National Pension Scheme
National Pension Scheme is one of the great schemes run by the government. It offers the option of safe investment and returns. You can withdraw money after paying premiums for 3 years. However, only 25% of the amount is allowed to be withdrawn before maturity.
