Atal Pension Yojana
Under the Central Government Atal Pension Scheme (APY), applying for Rs 5,000 per month is invited by the eligible applicant to obtain Rs 5,000 per month.
Under this scheme, the APY has confirmed the government of India 60 years after a monthly Rs. 1000, Rs. 2000, Rs 3000, Rs 4000, Rs. A minimum pension option of Rs 5000 is given.
Who can apply for a pension under the Atal Pension Scheme (Atal Pension Yojana)? Where to apply? What are the necessary documentation? Etc. full information is described in this article.
How can you apply for Atal Pension Yojana-Who can apply?
- 1) Members who want to open an APY account must be a citizen of India.
- 2) The age of the member, must be between 18 and 40 years.
- 3) From 01 October 2022, Income Tax Payers are not eligible to join the APY project.
Atal Pension Yojana Application-Where to submit the application?
Eligible applicants can apply for a pension of the Atal Pension Scheme (Atal Pension Yojana) through the Bank Branch/Post Office or the Digital Onboard Platform provided by banks.
It is imperative to provide the nominee and spouse details when opening the APY account.
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Contractors can be made on a monthly or quarterly or half annual basis through the Auto Debit facility from the bank account.
Atal Pension Yojana Benefits-Atal Pension Plan (APY) Benefits:
Triple benefits of the Atal Pension Scheme (APY) for those who are over 60 years of age.
Members will get Rs. 1000 to Rs. Lifetime minimum guarantee pension of up to 5000.
The same pension is paid to the spouse after the death of the member.
In the event of the death of members and spouse, the nominee is given the amount of pension accumulated up to 60 years of age.
Required Documents for Atal Pension Yojana- Documents required to apply:
1) Applicants’ Aadhaar Card each.
2) Photo of the applicant.
3) Ration Card each.
4) Pan Card each.
How much should be paid?
Applicants can get a pension of Rs 5,000/- after the age of 60 if the pension can only be done at the age of 18 at the age of 18.