The Government of India has run several schemes for the citizens of India. Many of these schemes are run to provide financial benefits to citizens. One of these schemes is named after former Prime Minister of India, Bharat Ratna Shri Atal Bihari Vajpayee. Indian Prime Minister Narendra Modi implemented the scheme in 2015. What happens in this scheme, how can you benefit from this scheme. Let us know in this news.
Who can benefit from this scheme?
The government runs a variety of schemes to financially strengthen every citizen of the country. Keeping this in mind, the government started the Atal Pension Yojana. Under the Atal Pension Yojana of the Government of India, only Indian citizens aged 18 to 40 can open an account. Any citizen of India who is an income tax payer or is 1 Government of India has run several schemes for the citizens of India. Many of these schemes are run to provide financial benefits to citizens. One of these schemes is named after former Prime Minister of India, Bharat Ratna Shri Atal Bihari Vajpayee. Indian Prime Minister Narendra Modi implemented the scheme in 2015. What happens in this scheme, how can you benefit from this scheme. Let us know in this news.
How can you benefit?
Accounts for Atal Pension Yojana can be opened through digital service of any bank branch or post office or bank. In this scheme of the Government of India, you can submit a premium for one month, three months or six months through auto debit facility from your savings account. Under this scheme, you will get a lifetime minimum guaranteed pension ranging from 1000 to 5000 rupees after the age of 60 years. Account holders can upgrade or downgrade pension amount at any time. Also, you can turn the premium payment schedule to monthly, quarterly or semi-annual.
