PM Shram Yogi Maandhan is a special scheme of the Modi government for financial security in old age for the low-income group.
Through this scheme, there is a provision of monthly pension of Rs 3000 after 60 years of age for making a very small contribution every month.
PM Shram Yogi Mandhan Scheme:
In today’s era, if the income is very less, then it becomes easy to run the household expenses, far from doing financial planning for the future. PM Shram Yogi Maandhan is a special scheme of the Modi government for financial security in old age to the low-income group of such unorganized sector. Through this scheme, there is a provision of monthly pension of 3000 rupees or 36 thousand rupees annually after the age of 60 years for making very little contribution every month. Under this scheme, any Indian citizen between 18 years to 40 years can join with easy conditions. According to the Ministry of Labor and Employment, till September 10, 2021, about 45.11 lakh people have joined this scheme.
Monthly income should be less than 15 thousand
The government has started PM Shram Yogi Maandhan Yojana for the better future of small workers. There is a condition in this that the monthly income of the person joining the scheme should not exceed 15 thousand rupees. Women are ahead of men in participating in this scheme of the government. Any citizen working in the unorganized sector can join this scheme. From daily wage laborers to maids, drivers, electricians and sweepers or all such workers can take advantage of PM Shram Yogi Maandhan.
Monthly contribution starting from Rs.55
The minimum age to join this scheme is 18 years. If you join at this age, you will have to deposit Rs 55 every month till the age of 60 in the Pradhan Mantri Shramyogi Maandhan Yojana. That is, you will have to save less than Rs 2 per day. After the age of 60, a pension of 3000 rupees will continue to come in your account every month for life. Your contribution will increase marginally as you get older. For example, if you join at the age of 29, then the contribution will be 100 rupees. If you join at the age of 40, the contribution will be Rs 200 per month.
Registration process
Registration in Pradhan Mantri Shramyogi Maandhan Pension Yojana can be done at any nearest CSC center. You must have Aadhar Card and Savings Account / Jan Dhan Account (with IFSC Code). Also you have to give your mobile number. Passbook, check book or bank statement can be shown as proof. On-nominee can also be entered at the time of opening the account. Once your details are entered in the computer, your monthly contribution will be fixed. Your initial contribution will have to be made in the form of cash. After which your account will be opened and Shram Yogi Card will be available. You can get information about this scheme on 1800 267 6888 toll free number.
