Atal Pension Yojana- There is a major update for pensioners. There are many such schemes through which the Government of India and the State Government help the eligible people. The objective behind starting any scheme is to provide financial help or benefits under the scheme to those people who come from the poor class or are needy.

For example, the Government of India runs the Atal Pension Yojana. Actually, this is the scheme under which eligible people can join this scheme and get pension ranging from Rs 1 thousand to Rs 5 thousand every month. So let’s know what this scheme is and whether you can join this scheme.

Actually, if we talk about this Atal Pension Yojana, then this scheme is run by the Government of India and it is a pension scheme. In this, you have to invest first and then after the age of 60, you can get a pension of Rs 1 thousand to Rs 5 thousand every month.You can understand it like this that if a person of 18 years of age deposits Rs 210 every month, then he gets Rs 5000 every month after the age of 60. In this, you have to invest for at least 20 years. The premium of the scheme is deducted from your bank account.

What is the benefit?

The biggest advantage of this Atal Pension Yojana is that after the age of 60, when a person is not able to do any work, then this scheme can be very useful in helping him financially. In this, you get a pension ranging from Rs 1 thousand to Rs 5 thousand per month. You get pension every month according to the plan you choose.

If you also want to apply in this scheme, then know that only people between the age of 18 to 40 years can apply in this scheme and that too those who are citizens of India. If you are eligible, go to your nearest bank and meet the concerned officer who does your KYC. Then you can choose any pension plan ranging from Rs 1 thousand to Rs 5 thousand, the premium of which is deducted from your bank account. After this you join this scheme and you get pension after the age of 60 years.