The central and state governments run schemes for all sections. These schemes are for youth, women, farmers and elderly. One such scheme has been started by the Central Government, in which if you start saving money from today, then you can take pension from the age of 60 years to the age of 60 years. You will get this pension from 1 thousand rupees to 5 thousand rupees per month. You will be surprised to know that you will have to spend only 42 rupees for this.
How much pension do you get?
The name of this scheme is Atal Pension Yojana (APY). It is a pension scheme focused on unorganized sector workers for all citizens of India. Under this pension scheme, at the age of 60, you can get 1000, 2000, 3000, 4000 or 5000 rupees per month pension. You will get pension according to the more you invest every month. Any citizen of India can take advantage of this scheme.
What are the conditions for applying?
The person applying for this pension scheme should be between 18 and 40 years of age. That is, after 40 years, you will not be able to apply for this scheme. The applicant should have a bank account. After giving Aadhaar number and phone number at the time of registration, you will get all the information of your account.
Now if you deposit only 42 rupees every month from the age of 18, then you will get a pension of 1000 rupees. When you invest Rs 84, you will get Rs 2,000 as a pension. Similarly, after paying Rs 210, you will get a pension of up to 5 thousand rupees every month. However, the amount deposited per month will depend on your age. If you apply for this scheme at the age of 40, then you will have to pay Rs 1454 per month for a pension of 5 thousand rupees.
Now if a person invests in this scheme from the age of 30 and dies before the age of 60 for any reason, then the husband or wife will get the same pension. If both of them die, the entire amount will be given to the nominee.
