Haldwani Postmaster Gaurav Joshi said that under this, after turning 60, one gets a pension of Rs 1000 to Rs 5000 every month. In this, a person from 18 years to 40 years can invest in it. He will have to invest at least 20 years in this scheme.
Everyone tries to save some part of their earnings and wants to invest it in such a place so that they do not have to face financial crisis in old age. Today, there are many types of retirement plans available in the market, but among them, the government’s APY i.e. Atal Pension Yojana is very popular. If you do not have a government job but still want pension after 60 years, then Atal Pension Yojana of Post Office can be a good option.
Atal Pension Yojana is a pension scheme for the citizens of India focused on unorganized sector workers. Under APY, a minimum pension of Rs 1,000 to Rs 5,000 per month at the age of 60 years is guaranteed depending on the contribution by the subscribers. Any citizen of India can join the APY scheme. The age of the customer should be between 18 to 40 years. Also, he should have a savings bank account in the post office. The prospective applicant may provide Aadhaar and mobile number to the Bank during registration to facilitate receipt of periodic updates in the APY account. However, Aadhaar card is not mandatory for enrolment.
Will get pension up to Rs 5000
On May 9, 2015, the Central Government started ‘Atal Pension Yojana’ in the name of the former Prime Minister. Under this scheme, after turning 60, one gets a pension of Rs 1,000 to Rs 5,000 every month. In such a situation, through this scheme you can provide financial security in your old age. We are telling you about this scheme, so that you too can arrange pension for yourself by investing in it.
What is this scheme?
Haldwani Postmaster Gaurav Joshi told that under this, on attaining the age of 60, a pension of Rs 1000 to Rs 5000 is received every month. In this, a person from 18 years to 40 years can invest in it. He will have to invest at least 20 years in this scheme. To join the scheme, it is necessary to have a savings bank account, Aadhaar and an active mobile number.
How much will have to be invested?
Haldwani Postmaster Gaurav Joshi told that how much amount will be deducted will depend on how much pension you want after retirement. To get pension of 1 to 5 thousand rupees per month, the subscriber will have to pay from 42 to 210 rupees per month. This will happen on taking the scheme at the age of 18 years. On the other hand, if a subscriber takes the scheme at the age of 40, then he will have to contribute from Rs 291 to Rs 1,454 per month. The more the subscriber contributes, the more pension he will get after retirement. In this, you will be able to claim tax benefit of up to Rs 1.5 lakh under section 80C.
