Make these preparations to receive a monthly pension of ₹3,000, or your application will be delayed.

PM Shram Yogi Mandhan Yojana: The government has launched a new pension scheme for people working in the unorganized sector. If you want to join the scheme, learn about the documents required.

PM Shram Yogi Mandhan Yojana: The Government of India runs numerous schemes for the people of the country, which benefit millions of people. Many people work in the unorganized sector and lack sufficient resources for income. Therefore, the government has launched a new monthly pension scheme. This scheme provides a pension of ₹3,000.

The government developed this scheme for workers to provide them with financial security as they age. These people work hard all day, but when work stops in old age, their biggest concern is how to meet their expenses. The Prime Minister Shram Yogi Mandhan Yojana was launched with this in mind. Its aim is to secure the future of unorganized workers by providing them with a minimum pension. Learn who can apply for the scheme and what documents are required.

Who can apply?

Workers between the ages of 18 and 40 can join the Pradhan Mantri Shram Yogi Maandhan Yojana, and the contribution amount depends entirely on the age at which they apply. If a person joins the scheme at the age of 18, they will only need to deposit ₹55 per month.

This contribution must continue until they reach 60. After that, the government will provide a monthly pension of ₹3,000. The earlier you join the scheme, the lower the amount you will need to deposit. This scheme is especially suitable for those who work as laborers or daily wage earners and whose income fluctuates.

What documents should you have ready before applying?

Registration for the scheme is easy, but only if you have the correct documents. Those who do not have the necessary documents may have their applications rejected outright. Therefore, before applying, have your Aadhaar card, identity document, bank passbook, mobile number, and passport-size photo ready. These documents are essential for your identity and banking details, ensuring smooth delivery of your pension to your account. Once you have your documents ready, you can apply by visiting your nearest Common Service Center.