New Delhi. With the aim of making people financially strong and prosperous, the central government keeps running new schemes from time to time, which proves to be a boon for the people. Everyone should get information about these schemes being run by the government and take advantage of them. One of these schemes is ‘Atal Pension Yojana’. Under this scheme, you will be given a pension of 1 to 5 thousand rupees per month, that is, 60,000 rupees will be given in a year. But to take advantage of this scheme, you have to invest first. Along with this, some conditions are also associated with it, which is necessary for everyone to know. This plan gives the facility of a secure life in the time of old age. Atal Pension Yojana was started especially keeping in mind the people working in the unorganized sectors, but changes have been made in these rules. According to the new rule, any Indian citizen, who is in the age group of 18-40 years, can take advantage of this scheme. For this you need to have a secure and active mobile number, Aadhar card, and savings account. Under Atal Pension Yojana, the depositors start getting pension after 60 years. The investment in this scheme depends on the age of the individual.
The sooner one starts investing in this scheme, the better it is considered. A person joining this scheme at the age of 18 years will have to deposit only Rs 210, in which on reaching 60 years of age, 5 thousand rupees will be given to that person every month as a pension. On the other hand, if a person wants to get a monthly pension of Rs 1000, then he has to deposit Rs 42, Rs 84 to get Rs 2000 monthly pension, Rs 126 to get Rs 3000 and Rs 168 for pension of Rs 4000 every month. .
What is the provision of Atal Pension Yojana in case of death?
On investing in this scheme, the facility of tax benefit up to Rs 1.5 lakh is also available under the Income Tax Act 80C. At the same time, if the investor dies before 60 years, then his/her spouse can continue the investment process in this scheme. Apart from this, the spouse can also claim the lump sum amount in it. If the wife who continued the investment process also dies, then the pension amount is given to their nominee in a lump sum.
Eligibility of Atal Pension Yojana-
1.Applicant must be a citizen of India.
2.Applicant’s age should be between 18-40 years.
3.The applicant must have a bank account linked to his/her Aadhar card.
4.Applicant should have a secure running mobile number.
5.The applicant should not already be a beneficiary of Atal Pension.
6.The minimum contribution period in this scheme is 20 years.
7.After investment, the government will give guaranteed minimum pension.
How to open account?
To open your account with APY, you need to visit your bank where you have your savings account and fill up the APY registration form. Along with this, Aadhar and mobile number will also have to be given. Once the account is opened, it is necessary to have the amount available every month in your savings account to allow for its installation. Apart from this, now this scheme can also be connected through online medium.