You can get 5000 rupees every month for less than the price of a cup of tea or a cigarette. By saving just 7 rupees a day, you can improve your old age. It is less than the price of a cup of tea or a cigarette. Yes yes You can do this under the Atal Pension Yojana. Explain that the number of shareholders of the Atal Pension Yojana (APY) has crossed the three crore mark by the end of the last financial year.
To get the most out of the Atal Pension Yojana, you will have to join it soon. If you join the Atal Pension Yojana at the age of 18, then you can get a pension of Rs 5000 per month by depositing 7 rupees per day in this scheme. For this, you have to deposit 210 rupees every month. After the age of 60, you will get a monthly pension of Rs 5000 every month. At the same time, for a monthly pension of 1000 rupees every month, only 42 rupees have to be deposited per month. Whereas, Rs 84 will have to be deposited every month for a pension of Rs 2000, Rs 84 for a pension of Rs 3000, and Rs 4000 for a monthly pension of Rs 4000.
Who can benefit
Under this scheme, any Indian citizen who is 18 to 40 years old can avail pension by investing and having an account with a bank or post office. In this scheme, depositors start getting pension after 60 years. The amount of pension in this scheme depends on the investment you have made and your age.
How much would you get
Under this scheme, you can get a monthly pension of at least Rs 1,000, Rs 2000, Rs 3000, Rs 4000 and more than Rs 5,000. The scheme was launched by the Central Government in May 2015. If you want to register for this pension scheme, then you must have a savings account, Aadhaar number and mobile number.
Nearly 70 percent accounts opened in public sector banks
The total number of shareholders of APY has increased to 3.02 crore. Out of the 3.02 crore shareholders of APY, about 70 percent accounts have been opened by public sector banks. At the same time, 19 percent accounts have been opened by regional rural banks. In the last financial year, 79.14 lakh new shareholders were added to this scheme. Of these, 28 percent i.e. 22.07 lakh shareholders were added by State Bank of India (SBI). Canara Bank added 5.89 lakh and Indian Bank added 5.17 lakh new shareholders. Apart from these, Bank of Baroda, Airtel Payments Bank, Bank of India, Central Bank of India, Punjab National Bank, Union Bank of India, Indian Overseas Bank, Axis Bank, HDFC Bank, Aryavart Bank and Baroda UP Bank etc. have one to five lakh Add new APY accounts.
