Atal Pension Yojana: Under Atal Pension Yojana, you can avail monthly pension ranging from Rs 1000 to Rs 5000 after retirement by depositing a small amount of your choice every month.
New Delhi. The government runs many types of schemes for the convenience of the people. One such scheme is Atal Pension Scheme. This scheme has completed 8 years. In this scheme, you can choose the pension plan as per your choice. If you invest Rs 210 every month in this scheme, then after retirement you will get a pension of Rs 5 thousand every month.
Atal Pension Yojana was started in the year 2015-16. It was started with the aim of providing regular income to service people after retirement. Atal Pension Yojana is run by the Pension Fund Regulatory and Development Authority (PFRDA).
Who can be a part of the scheme
All citizens between the age of 18 to 40 years can become a part of this scheme. However, after October 1, 2022, only those people who do not pay income tax can apply for APY. Under the scheme, a subscriber is guaranteed a monthly pension of Rs 1,000 to Rs 5,000 after he turns 60 years of age, depending on his contribution. On the death of the subscriber, this same pension amount is given to his spouse.
You will get a pension of ₹5,000 every month
Let us tell you that Atal Pension Yojana is a good option to guarantee pension by investing less money. Under Atal Pension Yojana, after making a fixed contribution every month in the account, you will get a monthly pension of Rs 1,000 to Rs 5,000. According to the current rules, if a maximum of Rs 5,000 is added to the scheme for monthly pension at the age of 18 years, then you will have to pay Rs 210 every month. If you pay the same amount every three months, you will have to pay Rs 626 and if you pay every six months, you will have to pay Rs 1,239. To get a pension of Rs 1,000 per month, if you invest at the age of 18, you will have to pay Rs 42 monthly.
