New Delhi: The central government is running several special schemes for the elderly, which people can benefit from on a large scale. We’re going to tell you about one such scheme that provides a monthly pension. You might be shocked to hear this, but it’s 100% true. The government has launched the PM Kisan Maandhan Yojana.
This scheme provides a monthly pension of ₹3,000. If you want to benefit from this scheme, you’ll need to understand some important things first. To join this scheme, carefully read our article below, where your confusion will be cleared.
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Important Points About the Scheme
The PM Kisan Maandhan Yojana guarantees a pension to the elderly, but before that, you need to understand some important things. First, your minimum age must be 18 years and your maximum age 40 years. Additionally, your name must be linked to the PM Kisan Samman Nidhi Yojana.
Some important conditions have also been set regarding investment. If you join this scheme at the age of 18, you will have to invest Rs. 55 per month. Furthermore, if you join at the age of 30, you will have to invest Rs. 110 per month.
If you open an account under the scheme at the age of 40, you will have to invest approximately Rs. 200 per month. This means that investment conditions have also been set. Pension payments will begin after the age of 60.
How much will you receive annually?
If you join the PM Kisan Maandhan Yojana and meet the monthly investment requirements, you will receive a monthly pension after the age of 60. A monthly pension benefit of Rs. 3,000 will be provided. This means that the elderly will receive Rs. 36,000 annually as a pension.
This amount will prove to be a booster dose for the elderly. The Modi government has previously implemented several similar schemes, which have greatly benefited the elderly.