Atal Pension Yojana: Scheme is beneficial for the people of unorganized sector, old age will be safe, People between 18 to 40 years can invest in this investment plan
new Delhi. After retirement, the income of the people is limited. In such a situation, there are problems in meeting household expenses and meeting other needs. To avoid these future problems, it is very important to invest in the right retirement plan. In such a situation, Atal Pension Yojana (APY) can be a better option for you. In this, you can get a pension of 5 thousand per month with a savings of just 210 rupees every month. Apart from this, there is also the facility of a nominee. So know how to invest in this process.
Beneficial for those working in the unorganized sectors
Investment in the Atal Pension Yojana is quite beneficial for those working in the unorganized sector. This scheme was started by the Central Government in May 2015. After retirement, you can be entitled to a pension every month. Also, if you die prematurely, your wife or other family nominee will get the benefit. The age of the applicant should be between 18 and 40 years to invest in this scheme.
Special things related to the
scheme Under the scheme, subscribers can get pension ranging from one thousand to 5 thousand. For this, contributions have to be made according to different ages. The Atal Pension Yojana is administered by the Pension Fund Regulatory and Development Authority on behalf of the government. You must have a bank account to participate in the scheme. Also, the account must be linked to the Aadhaar card. The benefit of the scheme can be given only to those who are outside the income tax slab.
1. If the investor dies under this scheme, his nominee will get 50% pension.
On being 2.60 years, every month from 1 thousand to 5 thousand rupees will be received as pension. The more money the subscriber accumulates, the more pension he will receive after retirement.
3. Investors under the scheme can invest monthly, quarterly or in a period of 6 months.
4. It also offers auto debit. In this, the fixed amount from your account will be automatically deducted and credited to the pension account.