Atal Pension Yojana: Atal Pension Yojana: Get a Pension of 5000 Rupees with This Scheme
Atal Pension Yojana: Atal Pension Yojana: Get a Pension of 5000 Rupees with This Scheme
Atal Pension Yojana: If you are already worried about retirement, don’t worry. The government has brought a scheme for you where you can invest a small amount every month and prepare a good pension for your old age. The Atal Pension Yojana is being run with the objective of providing social and economic security to people. Let’s find out how you can become a part of this scheme.
Atal Pension Yojana
You must have planned to invest for your future. By applying in different types of schemes, you can invest for your future. If you don’t do this, you may have to depend on others even for small expenses in your old age. But if you invest in the Atal Pension Yojana, you may not have to face such a situation. You can get a pension of up to ₹5000 every month.
Millions Have Applied Across the Country
The Atal Pension Yojana is a very good scheme by the government, in which millions of people have already invested. Under this scheme, youth aged 18 to 40 years can apply. If you invest in this scheme at this age and deposit a small premium amount every month, you will start benefiting from it after reaching the age of 60. The younger you start depositing the premium amount, the less money you have to invest.
How Much Investment Is Required?
If you join the Atal Pension Yojana at the age of 30 and want a minimum pension of ₹5000 every month after retirement, you will have to deposit ₹577 every month for it. After that, you will need to keep depositing this amount until you reach the age of 60, after which you will start receiving a pension of ₹5000 every month, which will continue for your lifetime.
How to Apply for the Scheme
Applying under this scheme is very easy. You need to visit your nearest post office or bank account branch with your documents. There, you will inform them that you want to apply for the Atal Pension Yojana. They will have you fill out an application form, and your documents will be submitted. After that, your KYC process will be completed, and your Atal Pension Yojana account will be opened.