You will get 5 thousand rupees pension for 210 rupees: Provide financial security for retirement through Atal Pension Yojana, know special things related to it.

You will get 5 thousand rupees pension for 210 rupees: Provide financial security for retirement through Atal Pension Yojana, know special things related to it.

If you want to arrange pension for yourself after retirement, then Atal Pension Yojana (APY) will be right. Under Atal Pension Yojana, after turning 60, one gets a pension of Rs 1,000 to Rs 5,000 every month. In this scheme, by depositing Rs 210 every month, you can arrange a pension of Rs 5,000 per month. In such a situation, through this scheme you can provide financial security in your old age. Today we are telling you about this scheme, so that you too can arrange pension for yourself by investing in it. Investment has to be made for 20 years. Under Atal Pension Yojana, after turning 60, you get a pension of Rs 1000 to Rs 5000 every month. A person between 18 years to 40 years can invest in it. If a person takes this scheme, he will have to invest for at least 20 years. The amount of investment will be decided according to your pension. How much will be deducted from your amount for investment in this scheme will depend on how much pension you want after retirement. To get a pension of Rs 1 to 5 thousand per month, the subscriber will have to pay Rs 42 to Rs 210 per month. This will happen on taking the scheme at the age of 18 years. Whereas, if a subscriber takes the scheme at the age of 40, he will have to contribute Rs 291 to Rs 1,454 per month. The more the subscriber contributes, the more pension he will get after retirement. See here how much pension will be received by depositing how much money in Atal Pension Yojana, if an 18 year old person deposits every month… If a 40 year old person deposits every month… Different amounts have also been fixed for people of 19 to 39 years of age, You can find this out online or by visiting the bank. You can pay installments as per your convenience. Under this scheme, investors can invest monthly, quarterly or semi-annually i.e. in a period of 6 months. Contribution will be auto-debited, that is, the fixed amount will be automatically deducted from your account and deposited in your pension account. After the death of the subscriber, his/her spouse will get pension. After the death of the subscriber, the same pension will be paid to his/her spouse and on the death of both the subscriber and the spouse, the pension amount deposited till the age of 60 years is returned to the nominee. Will go. Whereas in case of death of the subscriber before 60 years of age, his spouse can continue to contribute to the APY account. The spouse of the subscriber will be entitled to receive the same pension amount as the subscriber was entitled to receive. However, if he wishes, he can choose not to do so and withdraw the entire amount deposited in his APY account. Taxpayers do not get the benefits of the scheme. Atal Pension Yojana is not for taxpayers. That means if you pay income tax then you will not be able to open an account in this scheme. The government has implemented these rules from October 1, 2022. You can open an account by going to any bank. You can open an account by going to any bank. You will have to fill the Atal Pension Yojana form and submit it to the bank branch along with the required documents. After the application is approved, you will get a confirmation message. After that your monthly contribution will be decided based on your age. Questions and Answers related to Atal Pension Yojana Question: Can APY account be opened even without a savings account? Answer: No, it is necessary to have a savings bank account for this scheme. Question: How is the date of monthly contribution decided? Answer: It is decided on the basis of the date of first investment. Question: Is it necessary for subscribers to have a nominee? Answer: Yes, it is necessary to have a nominee. Question: How many accounts of Atal Pension Yojana can be opened? Answer: Only one account of Atal Pension Yojana is allowed to be opened. Question: What if there is no balance in the account for monthly contribution? Answer: There will be a penalty for not having balance in your account to make monthly contribution. Click here for more information about the scheme

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