Atal Pension Yojana Eligibility Criteria – The number of people joining the Central Government’s Atal Pension Yojana is increasing every year. By enrolling in this scheme, you can secure a monthly pension of ₹3,000. This will be hassle-free. The scheme also provides subsidies and other assistance.
A husband and wife can also open a joint account under the Atal Pension Yojana. This scheme is very beneficial for the public. Pension benefits begin after the age of 60. After joining this scheme, you will have to make monthly investments. To join, you need to understand the essential aspects, which will eliminate any confusion.
Atal Pension Yojana is very special.
Investing under the Central Government’s Atal Pension Yojana is mandatory. Only Indian citizens are required to apply. Citizens can apply; only those between the ages of 18 and 40 are eligible to join the scheme. It is also mandatory to have a bank account.
Additionally, from October 1, 2022, anyone who pays income tax will no longer be eligible for the Atal Pension Yojana (APY). This scheme requires consistent investments. For example, an 18-year-old must invest ₹210 per month. After 60, they will receive a monthly pension benefit of ₹5,000. A 30-year-old invests ₹577 per month to receive ₹5,000 per month.
Learn how to join the schem.e
To join the Atal Pension Yojana, you must visit your bank.
Meet the bank official there and inform them that you want to join the Atal Pension Yojana.
After this, your KYC is completed, a nd you will need to choose a pension plan.
Your bank account can then be linked to the plan.
With this, the premium can be deducted from your bank account every month.
You will then receive a receipt, which serves as proof that you have joined the plan.
For your information, the central government is running many schemes for the public. People are joining and benefiting from these schemes.