If the subscriber of Atal Pension Yojana wants to upgrade or downgrade the pension amount, then the website of NSDL has been provided for this. To get a pension of 5000 after retirement, know how much will have to be deposited.
Under Atal Pension Yojana , after the age of 60, a pension of 1000, 2000, 3000, 4000 and 5000 rupees is available every month. The age limit of the beneficiaries of this pension scheme should be between 18-40 years. Those who want to take advantage of this scheme, they can enroll for this scheme online and offline by visiting any bank or with the help of post office. Contribution can be made on monthly, quarterly, half yearly and yearly basis with the help of auto debit from savings account.
Atal Pension Yojana provides monthly income to the people when they are no longer able to earn due to increasing age. This scheme has been specially designed keeping in mind the workers of the unorganized sector. An APY subscriber can upgrade or downgrade the pension amount once in a year. In case of upgrade, additional amount will have to be deposited and in case of downgrade the excess amount will be refunded to the subscribers.
The amount of pension can be increased or decreased
If a subscriber wants to upgrade or downgrade the pension amount, then for this one has to visit the website of NSDL (https://www.npscra.nsdl.co.in/). After that go to Home>>Atal Pension Yojna>>Forms>>Maintenance>>Forms to upgrade/downgrade pension amount under APY. Fill this form and submit it to the bank branch.
No enrollment without savings account
For information, let us tell you that to join the APY scheme, it is necessary to have a savings account or post office savings account. An individual can open only one API account. How much any subscriber will have to deposit in this scheme every month depends on his age and how much pension he wants to get. If the amount deposited every month is not paid on time, then penalty will be collected for this.
Spouse can continue the account on the death of the contributor
If the APY subscriber dies before the age of 60 years, then the spouse has the right to continue this account. If you want more information regarding this scheme, then you can call on this number 1800-110-069. If a subscriber wants to exit this scheme before 60 years, then he can voluntarily exit from this scheme. In this case, he will get the total contribution along with the interest.
In this way you get 60 thousand rupees in a year
Under Atal Pension Yojana, pension can be found according to different contributions. If someone has started investing in 18 years and deposits 42 rupees every month then such person will get 1000 rupees monthly pension. Similarly, for the monthly pension of 2000, Rs 84 will have to be contributed every month. Monthly contribution Rs 126 for Rs 3000 pension, Rs 168 for Rs 4000 and Rs 210 per month for Rs 5000. Accordingly, 7 rupees will have to be deposited every day.
7 rupees will have to be deposited daily for 5000 pension
For the pension of 5000, in 42 years, he will have to deposit a total of 105840 rupees (about 7 rupees daily) on monthly basis. At the age of 60, his retirement fund will be Rs 865304. If someone enrolls in this scheme for a pension of 5000 at the age of 40, then the monthly contribution will be Rs 1318. For a pension of Rs 1000, the monthly contribution will be Rs 264. Starting at the age of 30, the monthly contribution for a pension of 5000 would be Rs 577.
