Atal Pension Yojana Benefits: Eligibility, Application Process, and More

ATAL Pension Yojana Update: Every person wishes to make their old age bright, for which many great schemes are being run. Do you know that the Atal Pension Yojana guarantees a pension of Rs 1,000 to Rs 5,000 per month in old age. There is no substitute for the Atal Pension Yojana, due to which the number of people joining is increasing continuously.

The most special thing about this scheme is that you can open a joint account in this scheme. Meaning husband and wife can invest together and get bumper benefits by investing every month. The minimum age of the people joining the scheme must be 18, and the maximum age must be 40 years. If you want to join this scheme, then first know the important things, where the confusion will end.

Benefits of Atal Pension Yojana

You can start investing soon by joining the Atal Pension Yojana of the Centre. You can also get benefits by investing a minimum in it. Meaning the less the investment, the less the pension will be. You can choose a monthly pension option ranging from Rs 1000 to Rs 5000. Your money is safe in the Atal Pension Yojana. The Government of India provides a full guarantee of pension.

Investing in the scheme provides the benefit of additional tax exemption of Rs 50000 under Section 80CCD (IB) of the Income Tax Act. If the pensioner dies after the age of 60 due to any reason, then his pension amount will be given to his husband/wife. On the death of both, the entire amount deposited is provided to the nominee.

Documents required for Atal Pension

For the Atal Pension Scheme of the Central Government, it is necessary to have an Aadhar card, address proof, identity card, bank account, 10th mark sheet or birth certificate for age certificate. Apart from these, it is also necessary to have an active mobile number.

If you want to join the Atal Pension Yojana, then you can apply online and offline, where there will be no doubt.

How to apply?

For this, first you have to go to the website https://enps.nsdl.com/eNPS/NationalPensionSystem.html.
Then, after clicking on the link, go to the Atal Pension Yojana tab and click on APY Registration.
Then choose the option of new registration, and after filling out the form, you will need to click on Continue.
Then you will need to fill in your information in Complete Pending Registration, and you can complete KYC.
Then the Acknowledgement Number will be generated.