Utility News Desk!!! People invest in various places to secure their future financially even while being in job. Pension is considered to be a support for old age. But for this you will have to start investing on time. The Central Government is running a scheme in which by investing you can get a pension of up to Rs 5000 after the age of 60 years. The name of this scheme is Atal Pension Yojana. He is in a government pension scheme. By investing in this scheme, both husband and wife can get a pension of up to Rs 10,000 per month.
If your age is 25 years, then you can get a pension of Rs 5000 by investing Rs 376 every month in this scheme. That means you will have to save only Rs 12 per day to invest in this scheme. After completing 60 years of age, you can get a pension of Rs 1,000, 2,000, 4,000 or 5,000 per month.
Who can invest?
The age to join Atal Pension Yojana is fixed at 18 to 40 years. To get pension through this scheme, one will have to invest for at least 20 years. After this, as soon as you turn 60, you will start getting pension. To join this scheme, you must have an account in a bank or post office.
tax saving scheme
You can also save income tax by investing in this scheme. By investing in Atal Pension Yojana you can get Rs. You can save tax up to Rs 1.5 lakh. This exemption is available under Section 80C of Income Tax. This scheme was started in the year 2015. To invest in this scheme, Aadhar card and active mobile number is required.
