Atal Pension Yojana- Do you want to get a pension of Rs 5000 every month after retirement, then invest in this scheme.
The Indian Central Government and State Government run many schemes for the upliftment of the economically weaker persons of the country and the state, one such scheme is which provides financial assistance to the people every month after retirement, the name of this scheme is Atal Pension. The scheme was implemented by Prime Minister Narendra Modi in 2015, today we will tell you complete details about this scheme through this article-
Atal Pension Yojana is designed for Indian citizens in the age group of 18 to 40 years. To be eligible, the individual must also be or have the potential to become, an income taxpayer.
Under this scheme, individuals can choose to deposit the premium monthly, quarterly, or half-yearly through auto-debit from their savings accounts.
On reaching the age of 60 years, beneficiaries are entitled to a minimum guaranteed pension of Rs 1000 to Rs 5000 for their lifetime.
Account holders under the Atal Pension Yojana can adjust their pension amount as per requirement and modify their premium payment schedule at any time. This ensures adaptability to changing financial circumstances and priorities.
Atal Pension Yojana is an important step towards promoting financial inclusion and security for every Indian, empowering individuals to plan for a stable and dignified future.
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