Who doesn’t want their future to be secure? In today’s article we tell you a scheme that is very suitable for you. The name of this scheme is Atal Pension Yojana (APY). This government-run plan is specially designed for those people who do not have the option of a regular pension plan. With a small investment of just Rs 7 per day, this plan guarantees you a monthly pension of Rs 5,000. It has more than 7 million members across the country, making it one of the most trusted pension plans.
Atal Pension Yojana
Atal Pension Yojana (APY) guarantees high returns on low investments. This plan is ideal for those who do not work in the organized sector but want to ensure their old age. The amount invested in this plan depends on your age and the pension option chosen. For example, if you join this scheme at the age of 18 and opt for a monthly pension of Rs 5,000, you will have to invest only Rs 7 per day or Rs 210 per month.
This plan becomes a strong means not only of pensions but also of tax savings.
In this scheme, both husband and wife can become separate members, thereby receiving a total pension of up to Rs 10,000 per month. Apart from this, a tax benefit of up to Rs 1.5 lakh is also available under section 80C of the Income Tax Act. This makes this plan a solid means not only for pensions but also for tax savings.
How to register for Atal Pension: The registration process for Atal Pension Yojana is very simple. To join this scheme, you must first have a bank account linked to the Aadhar card. After this, provide the necessary documents and mobile number. After this, auto debit will be set up to automatically deduct the monthly amount from your account. Social security for the entire family: This plan not only provides financial security but also provides a sense of security to the family. If the plan owner dies for any reason, his or her spouse receives the pension. After the death of both, the deposited amount is transferred to the candidate. In addition, this plan also guarantees the future of the family.
How reliable and attractive has this scheme become among low-income people?
Atal Pension Yojana, founded in 2015-16, is becoming increasingly popular across the country. More than 56 lakh people have joined this scheme in the financial year 2024-25 alone. This is a testament to how trusted and attractive the plan has become among low-income people. Atal Pension Yojana is for anyone who wants to spend their old age without financial worries. This plan is an ideal option for everyone with a guaranteed pension, tax benefits and a simple enrollment process. If you also want to secure your future, join this plan today and provide financial security to your family.
PF Balance Check: Do you want to check PF balance? This way you can calculate the amount.
