Atal Pension Yojana

Atal Pension Yojana : Deposit just 210 rupees per month and get annual salary of 60,000 rupees

Atal Pension Yojana : Pradhan Mantri Atal Pension Yojana (APY) is the most popular scheme of Central Government in a short period of time. This scheme helps the beneficiaries to have a happy evening of life. Under this scheme, you can meet the monthly cost of medicines in your old age by saving a small amount. If you invest in this scheme from now, you can get good benefits under the scheme.

This scheme is available in various banks or post offices. Amps of this scheme are available. You receive updated information about your investments. If you too are looking for a better plan for the future, Atal Pension Yojana can be the best option. After investing in this scheme, after the age of 60 years, you get a pension of Rs 5 thousand per month. Citizens of the country are investing heavily in this scheme of the central government.

Atal Pension Yojana

The government launched Atal Pension Yojana in 2015-16 to offer the best investment options to the common man. The scheme aimed to provide regular income after retirement. By investing in this you can determine your income after retirement.

  • Any Indian citizen between the age of 18 years to 40 years can participate in the scheme.
  • It is mandatory to deposit monthly money for a minimum of 20 years in this scheme.
  • The amount to contribute each month depends on the age of the beneficiary.

Atal Pension Yojana Benefits

  • If you start investing in this scheme at the age of 18, you will get a pension of Rs 5,000 per month after the age of 60 by depositing Rs 210 per month.
  • For a pension of Rs 1000 per month you will have to deposit Rs 42, Rs 2000 Rs 84, Rs 3000 Rs 126 and for Rs 4000 pension you will have to deposit Rs 168 per month.
  • The sooner the investment starts in this scheme, the greater the benefits will be. You can increase or decrease the amount of investment in this according to your own calculation.
  • The biggest feature of Atal Pension Yojana is that the scheme continues to provide benefits to the investor’s family even after his death.
  • Investment in Atal Pension Yojana gets tax benefits up to Rs 1.5 lakh under Income Tax Act 80C.
Pradhan Mantri Suraksha Bima Yojana

Under the Pradhan Mantri Suraksha Bima Yojana, the policyholder gets an insurance cover of Rs 2 lakh. In this scheme, the account holder has to deposit a premium of 12 thousand rupees every year. The beneficiary gets an insurance cover of Rs.2 lakh. Persons between 18 to 70 years of age can avail this scheme. Under this scheme, you have to renew annually. If the account account holder’s death or disability, you will receive insurance coverage up to ₹2 lakh. This insurance is valid from 1st June to 31st May.

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