Atal Pension Yojana : If you are also planning for pension after your retirement, then this is useful news for you. Government’s Atal Pension Yojana can prove to be a good option for you. In this, you and your wife can take a monthly pension of Rs 10,000 by opening separate accounts.
what are the schemes
Atal Pension Yojana is one such government scheme, in which the investment on your behalf depends on your age. Under this scheme, you will get a minimum monthly pension of Rs 1,000, Rs 2000, Rs 3000, Rs 4000 and maximum Rs 5,000. It is a safe investment. Let us tell you that after investing only Rs 1239 in every 6 months, the government guarantees a pension of Rs 5000 per month i.e. Rs 60,000 annually after the age of 60. If both husband and wife invest, then a pension of Rs 1.2 lakh will be available annually. In this scheme, the depositors start getting pension after 60 years.
what are special
There are 3 options for payment. You can deposit the amount Monthly, Quarterly or Half Yearly. People investing in Atal Pension Yojana get tax benefit up to Rs 1.5 lakh. Only one account can be opened in the name of a member. If the member dies before or after 60 years, then the pension amount will be given to the wife. If both husband and wife die, then the government will give pension to the nominee.
invest like this
Any Indian citizen of 18 to 40 years can invest in this scheme. If you join this scheme at the age of 18 for a maximum monthly pension of Rs 5,000, then you will have to pay only Rs 210 every month. If the same amount is to be deposited every 3 months, then Rs 626 will have to be paid and Rs 1,239 will have to be paid in 6 months. If you are 18 years old and want a monthly pension of 1000 rupees from this scheme, then you have to pay only 42 rupees monthly.
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