Atal Pension Yojana: The central government runs various schemes for the citizens of the country. The government brings different types of schemes keeping in view the needs of different people. Generally, when people are working, they invest in many such schemes which can give them good profits in old age. Which can arrange for their pension.
For this, many private and government schemes are also run. If you are also worried about the future. Then Atal Pension Yojana started by the government in the year 2015 will be very useful for you. Let’s know how you can apply for Atal Pension Yojana and what are the eligibility criteria for it.
What is Atal Pension Yojana?
The aim of Atal Pension Yojana is to provide a stable source of income to people after the age of 60 years. Under the Atal Pension Yojana run by the government, people are given a fixed pension every month after the age of 60 years. Under this scheme, working people of India who do not do big business and do not have a high salary, this scheme is beneficial for them. However, only those people can take advantage of this scheme who do not fall under the purview of income tax. The younger the age at which the application is made in this scheme, the lower will be the amount of premium.
What are the eligibility criteria for the scheme?
To apply for Atal Pension Yojana, the applicant must be an Indian citizen. Only citizens between 18 and 40 years of age can avail the benefits of this scheme. Under the scheme, Rs 1000 to Rs 5000 are given as pension every month. The amount of pension is decided according to the amount of premium.
How to apply for the scheme?
To apply for Atal Pension Yojana, you will have to go to the nearest branch of your bank. After that you will have to get the form of the scheme from there. After this, you will have to fill in your information including mobile number, Aadhaar number and bank account number and submit the form. After this, you will be issued a Permanent Retirement Account Number by the bank. Let us tell you that the premium for the scheme will be auto debited from your account.
