As we grow older, our ability to work decreases. In such a situation, many people worry about how their future will be secure. If these thoughts are on your mind too, then read this report till the end. Today, we will tell you how you can get a pension of up to ₹5,000 by saving just ₹7 per day.

This benefit is available under a popular scheme of the Central Government called the Atal Pension Yojana. According to several sources, this scheme mainly provides pension to people working in the unorganised sector. It was launched in 2015. By depositing a small amount regularly, you can get a fixed monthly pension after the age of 60—just like salaried employees get from their employers.

Record Number of Members in the Financial Year 2024-25

Statistics show that people’s interest in the Atal Pension Yojana is increasing every day. In the financial year 2024-25, 1.17 crore new customers joined this pension scheme. As of now, the total number of customers has reached 7.6 crore.

Additionally, the assets under management for this scheme are now over ₹44,700 crore. A noteworthy point is that around 55% of the newly added customers are women, which is a strong indication of women’s empowerment.

Why Is This Scheme Popular?

One of the main reasons for the popularity of this scheme is its affordability. By depositing just ₹210 per month, you can receive a pension of ₹5,000 per month after the age of 60. That means your daily investment will only be ₹7.

The pension amount depends on your age and the monthly deposit you make. You can choose to receive a pension of ₹1,000, ₹2,000, ₹3,000, ₹4,000, or ₹5,000.

An added benefit is that after the subscriber’s death, the spouse continues to receive the pension. If both pass away, the entire amount is refunded to the nominee. Additionally, there is a tax deduction benefit under Section 80c.

Who Can Join This Scheme?

To join the Atal Pension Yojana, the following conditions apply:

  • The applicant must be between 18 and 40 years of age.
  • The applicant must be an Indian citizen.
  • Monthly contributions must be made until the age of 60.