Atal Pension Yojana will get pension from 1000 to 5000 rupees. Atal Pension Yojana – APY – Atal Pension Yojana: Formerly known as Swavalamban Yojana (SY : Swavalamban Yojana) , is a government-sponsored pension scheme in India, mainly targeting the unorganized sector. It was mentioned in the 2015 budget speech by Finance Minister Arun Jaitley. It was launched by Prime Minister Narendra Modi in Kolkata on 9 May 2015Yoga retreats
Under the Atal Pension Scheme, after the age of 60 years of the beneficiaries, an amount ranging from Rs 1000 to Rs 5000 will be given as pension. Under Atal Pension Yojana, the pension amount will be determined based on the age and investment of the beneficiaries. In Atal Pension Yojana 2023, you can be entitled to get more pension every month by depositing less amount, but you can also get the benefit for your family in case of untimely death. Read this article carefully till the end to get information about Atal Pension Yojana like amount chart, application process, eligibility, required documents etc.Yoga retreats
The applicant applying under this scheme has to deposit the premium every month. After that, financial assistance will be provided in the form of monthly pension in old age. To apply in Atal Pension Yojana, the age of the beneficiaries should be between 18 to 40 years, only then they can avail the benefit of this scheme. If a beneficiary wants to join the scheme at the age of 18, he will have to pay a premium of Rs 210 per month and those who are 40 will have to pay a premium of Rs 297 to Rs 1,454.
So far more than 65 lakh citizens have subscribed under Atal Pension Yojana. Due to which the number of customers has increased to 3.68 crore. This information has been given by the Ministry of Finance. Due to which the assets under management have increased to 20000 crore rupees. 56% of the total customers are male and 44% are female. Every citizen of India in the age group of 18 to 40 years can take the membership of this scheme. The scheme provides a minimum guaranteed pension of ₹ 1000 to ₹ 5000 on reaching the age of 60 years. Apart from this, in case of death of the subscriber, the spouse is also guaranteed pension for life.
Atal Pension Scheme Form Download
After the death of both husband and wife, the pension fund is paid to the nominee. The scheme was launched by Prime Minister Narendra Modi on 9 May 2015 to benefit the citizens of the unorganized sector. It has been informed by the Chairman of PFRDA that a target of achieving one crore nominations has been set during this financial year.