Home Gov Schemes Atal Pension Yojna Full Details and Advantage of APY.

Atal Pension Yojna Full Details and Advantage of APY.

by Sk Salman
Atal Pension Yojna Full Details

You may enroll in Atal Pension Yojna this way. How can you take advantage of Atal pension Yojana (APY)? Atal Pension Yojna Full Details .

Atal pension yojana (APY) is quite a beneficial social security scheme for people working in the unorganized sector. Investing in APY  will give you a regular income to spend beyond retirement. APY was launched by the central government in May 2015. Earlier, there was no such plan for people working in the unorganised sector. After retiring from investments in Atal pension scheme (APY) you may be entitled to get pension every month. The most important feature of the “vicious” plan is the provision of your family to continue to benefit if you die precocious. Atal Pension Yojna Full Details .

Provision of pension to children in case of death of a person who invests at atal pension yojana (APY), his wife and his wife also die. You only have to invest in APY for a few years to get pension after retiring ·Besides your investments, the government also contributes to the Atal pension yojana.

For whom is the Atal Pension Yojna Scheme (APY)?

There can be any Indian invest in Atal pension yojana (APY). To get participation in Atal pension yojana, you must have a bank account. It must also be linked to the Aadhaar card to open APY  account. Atal pension yojana (APY) can be availed only by those who are beyond the income tax slab.

What is the age limit in APY?

The Atal pension yojana has been divided into 6 parts. To avail Atal pension yojana your age should be between 18 and 40 years. To get pension under APY you will have to invest for at least 20 years.

Atal Pension Yojna Full Details
Atal Pension Yojna Full Details

How much pension you will get in APY?

The pension amount will depend upon the investment you make and your age Under the Atal pension scheme (APY) you can get at least rs 1,000 and a maximum of Rs 5,000 per monthly pension. Get you pension under APY at the age of 60.

What are the advantages of APY?

The sooner you get involved, the greater will be the pension scheme. If an individual joins an Atal pension scheme at the age of 18 years, he has to invest Rs 210 per month. You will receive a monthly pension of Rs. 5000 every month from the age of 60 when you retire.

Who can not be involved in APY?

Those who come under the purview of income tax are government ‘s applicants or are already availing the scheme, such as the EPF, EPS, they can get irrevocable pension scheme (APY).

For more information on the Atal pension scheme (APY), you can visit this website:

https://npscra.nsdl.co.in/nsdl/scheme-details/APY_Scheme_Details.pdf

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