The government runs several schemes to give financial help to people in need. One such scheme is the Atal Pension Yojana.
The main aim of this scheme is to support people financially. It is operated by the central government of India.
Under the Atal Pension Yojana, the beneficiary receives up to Rs 5000 every month. This amount is given after the person turns 60 years old.
This helps them live a stress-free retirement life. If you are searching for a pension plan for your old age, this scheme could be a good choice.
What is the Atal Pension Scheme?
Atal Pension Yojana is a pension plan run by the central government. Through this scheme, the beneficiary gets a pension of Rs 1000 to Rs 5000. This scheme is mainly made for retirement.
By investing in it, a person can secure their retirement life. Anyone who is 18 years or older can apply. However, the person’s age should not be more than 40 years.
What is the eligibility for this scheme?
The applicant must be between 18 and 40 years of age.
The applicant must have a bank account linked to KYC and Aadhaar.
The person must be a citizen of India.
Even with a monthly investment of just Rs 210 in the scheme,
one can get a pension ranging from Rs 1000 to Rs 5000.
How to apply?
If you want to apply for the Atal Pension Yojana, follow the steps given below:
Step 1 – First, visit your nearest bank branch.
Step 2 – Ask the bank officer for the application form for the scheme.
Step 3 – Fill in all the necessary details and attach the required documents.
Step 4 – Submit the form to the bank. They will start the process.
Step 5 – While submitting, you will need to choose a pension amount between Rs 1000 to Rs 5000.
Step 6 – Within a few days, your bank account will be linked to the scheme.
In this way, you can easily apply for the scheme.
