Atal pension yojana: Future economic security is the priority of every human being, especially when there is no permanent means of job or income. The Government of India has introduced Atal Pension Yojana for this purpose, which is a social security scheme and works to give people financial self -sufficiency in old age. Through this scheme, any eligible citizen can get a monthly pension ranging from ₹ 1,000 to ₹ 5,000 after the age of 60 years. Atal Pension Yojana was started especially for workers in the unorganized sector, but now every citizen can take advantage of it.
What is Atal Pension Yojana and how it works
Atal Pension Yojana is a flagship pension scheme of the Government of India, which is operated through Life Insurance Corporation and banks. In this, people between the age of 18 to 40 years can apply. Under this scheme, a person has to submit a fixed premium every month till the age of 60 years, which depends on his age and the pension plan chosen. After the age of 60, a person gets guaranteed pension ranging from ₹ 1,000 to ₹ 5,000.
The younger a person connects with this scheme, the less the amount has to be given to him every month and the more benefit he gets in old age. This scheme not only guarantees pension, but the government also provides subsidy in it, which makes this investment even more profitable.
How to apply in Atal Pension Yojana
If you want to join Atal Pension Yojana, its process is very simple. For this, first you have to go to your bank branch. There you express your desire to join the plan and get the necessary information from the concerned officer. After this you have to submit Aadhaar card, mobile number and active bank account.
Bank officials tell you about the five pension options of the scheme – ₹ 1,000, ₹ 2,000, ₹ 3,000, ₹ 4,000 and ₹ 5,000 per month. Of these, you can choose one option according to your ability and need. After this, your bank account is linked to Atal Pension Yojana and the fixed amount is cut automatically every month.
Investment and benefits in Atal Pension Yojana
The sooner investing in this scheme is as cheap and beneficial. For example, if a person chooses a pension scheme of ₹ 5,000 at the age of 20, he has to pay around ₹ 210 – ₹ 250 monthly. But if a person joins at the age of 35, this amount can be ₹ 500 or more. This investment not only ensures a safe future, but also helps in living a self -sufficient life in old age.
Benefits and features of Atal Pension Yojana
The biggest feature of Atal Pension Yojana is that it gets a guaranteed pension. Apart from this, the amount received under the scheme comes under tax exemption. If the investor dies, the pension gets to his wife or husband and later the entire deposit is transferred to the nominee. It is a type of social security that protects the whole family.
Kanklujan
If you want to be financially safe in future and do not want to depend on anyone in old age, then Atal pension yojana You can be a great option for you. This scheme not only makes your old age financially safe, but also helps those with low income to become self -sufficient. Today, go to your nearest bank and join this scheme and strengthen tomorrow.
Also read:-
Dailynews24 App:
Read the latest news of country, education, entertainment, business updates, religion, cricket, horoscope. Download daily breaking Hindi news and video short news coverage here.
