Atal Pension Yojana: After retirement, you can get 5 thousand rupees pension every month, know how much to invest
new Delhi. While working, people have a fixed source of income, but after retirement there is no fixed income. In such a situation, if you are worrying about the expenses of old age then you can invest in the Atal Pension Yojana (Atal Pension Yojana) run by the government. Through this, you can get pension up to 5 thousand every month. If you have invested more money then the pension amount can also increase. The age of the applicant should be between 18 and 40 years to invest in this scheme.
What is Atal Pension Yojana
Atal Pension Yojana is a scheme that was launched keeping in mind the low income group. It started in the year 2015. It is operated by PFRDA. In this, a person can get a fixed amount of pension after 60 years. Under the scheme, pension gets between Rs 1,000 and Rs 5,000 after the subscriber turns 60 years. For this, contributions have to be made according to different ages. The Atal Pension Yojana is administered by the Pension Fund Regulatory and Development Authority (PFRDA) on behalf of the government. So far, over 2.23 crore people have been associated with this scheme.
Benefits of the scheme
1. If the investor dies under this scheme, his nominee will get 50% pension.
2. In this scheme he has to make partial contribution according to different age and pension slab. If someone joins this scheme in 18 years, then they have to invest from Rs 42 to Rs 210 per month. At the same time, if someone applies at the age of 40, then they have to invest Rs 291 to Rs 1454 per month. It has to be deposited regularly till the age of 60 years.
At the age of 3.60 years, every month from 1 thousand to 5 thousand rupees will be received as pension. The more money the subscriber accumulates, the more pension he will receive after retirement. The special feature of the scheme is that in this, you will also get tax exemption up to Rs 1.5 lakh under section 80C.
4. Under Atal Pension Yojana, investors can invest in monthly, quarterly or semi-annual i.e. 6 months period.
5. It also offers auto-debit facility. That is, the fixed amount from your account will be automatically deducted and deposited in your pension account.
How to apply
Click on the website https://enps.nsdl.com/eNPS/NationalPensionSystem.html to take advantage of the Atal Pension Scheme. Submit your Aadhaar card details here. After doing this, OTP will come on your registered mobile number, verification will be done as soon as you enter it. Now give the bank information, in which type the account number and address. After doing this, your account will be activated. After this, you fill all the information about the nominee and the premium deposit. Now e-sign the form for verification. With this, your registration for Atal Pension Yojana will be completed.