Central Govt New Pension Scheme: Just Pay Rs 7 and get Rs 5000 monthly
The scheme is administered by the Pension Fund Regulatory and Development Authority through the National Pension System. In this scheme you can get Rs 5000 monthly pension if you invest Rs 7 per day.
It is essential to have some investment for post-retirement life. Many pension schemes are also available for this. Among them is the central government’s Atal Pension Yojana or APY. This scheme of the central government focuses on providing income security in old age to the economically weaker sections of the society and also to all the citizens of the unorganized sector.
The scheme is administered by the Pension Fund Regulatory and Development Authority through the National Pension System. In this scheme, you can get a cup of coffee per day for just Rs 7 and get a Rs 5000 per month pension.
In some pension schemes, a large pension is available only if you invest large amounts. But, not so in the Atal Pension Scheme. Invest as low as Rs 7 per day and get a Rs 5000 pension per month. For example if you start this plan Atal Pension Yojana at the age of 18, you need to invest Rs 210 per month that means only Rs 7 per day, You will get a monthly Rs 5000 pension after age of 60.
Also Read: Dussehra Best Offer: Just Rs 1 For Bus Ticket, Best Discount On Flight Ticket
If you start investing in this scheme at the age of 25, your monthly investment will be Rs 376. and Rs 577 if the age is 30 years old. Rs 902 per month after the age of 35.
Minimum 20 years investment:
How much pension you get every month depends on your investment. Now the monthly investment amount is Rs 1,000 or Rs 5,000 per month. Depends on how much pension you get in between. One should invest in this scheme for at least 20 years to get a pension.
Also Read: PAN Card Is Mandatory For Children Now: Govt New Order, Get PAN Card In Just 10 Minutes
Who Can Invest:
Any non-taxpayer between 18 and 40 years of age can invest in this scheme. You can register for the Atal Pension Scheme at a bank or post office. Pension starts at 60 years. Both husband and wife can benefit from this scheme after joining this scheme. 1.5 lakh per annum under this scheme. Till tax benefit can be availed.
Even if you die, you will get benefits:
Even if the applicant who has joined the Atal Pension Scheme dies, his family members will get the benefit. If the applicant dies his or her spouse will get the benefit of the scheme. If both the husband and wife die due to some reason, the children will get the benefit of this scheme.
Comments are closed.