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APY: Under Atal Pension Yojana, you will get a pension of Rs 5,000 every month, know the process of applying and other details.

The government is running many types of investment schemes. One of these schemes is Atal Pension Yojana. In this scheme, after maturity, the investor gets the benefit of pension every month. If you want to take advantage of this scheme, then let us know how you can apply for this scheme.

New Delhi. From businessmen to job seekers, they also save to continue their income after retirement. For saving, many people deposit money in the bank and many invest in the stock market. Many investment schemes are available today to get returns on your savings.

The Central Government also started Atal Pension Yojana to increase savings. In this scheme, the investor gets the benefit of pension every month after maturity. Atal Pension Yojana was launched by the Government of India in the year 2015.

Investors aged between 18 to 40 years can invest in this scheme. Returns are given by the government on the amount invested by the investor. After the scheme matures, the investor is given a pension benefit of up to Rs 5,000 every month.

How much return do you get?

If Rs 210 is invested every month in this scheme, then the benefit is available after the age of 69 years. This means that the investor has to invest continuously for 60 years.

After 60 years, the investor gets a pension of Rs 5,000 every month. The amount invested in the scheme reduces according to age. The investor gets the pension as much as he invests.

How to apply for Atal Pension

  • You can apply for this scheme online or offline by going to the bank.
  • To apply online, you have to go to the portal of Atal Pension Scheme and download the form.
  • After this, after filling this form, you have to go to the bank and deposit it.
  • Along with the form, you will also have to deposit the photocopy of Aadhaar Card.
  • Apart from this, your mobile number should be linked to bank account and Aadhar card.
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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