Atal Pension Yojana Calculator : New Delhi : Atal Pension Yojana Calculator / Old parents whom a son used to consider a responsibility, but in today ‘s modern era, people have started shedding tears from their parents. Although this is rare in India, there are a large number of old age homes abroad. But in India, the number of old age homes is increasing rapidly. But the Government of India has started some schemes which can become a support for the old age of the elderly. The government gives Rs 5000 per month to the elderly couple. If you also want to take advantage of this scheme, then let’s know what is the whole process?
Atal Pension Yojana Calculator
Atal Pension Yojana is an old age income protection scheme for all savings account holders in the age group of 18-40 years. The scheme also addresses longevity risks among workers in the unorganised sector and encourages workers to voluntarily save till their retirement. You can start investing in this scheme with a minimum of two thousand rupees per month. You get pension from this scheme at the age of 60 years. The amount of pension depends on the amount of contribution you make. Any Indian citizen can take the benefit of Atal Pension Yojana.
Atal Pension Yojana Calculator If you start investing in Atal Pension Yojana at the age of 18, then you can get a pension of Rs 5000 per month on retirement. For this, you have to invest 210 rupees every month. If both husband and wife invest together in this scheme. In such a case, when both will be 60 years of age. After this, both the people will get a pension of five thousand rupees every month. By making such an investment, a maximum pension of Rs 10,000 per month will come to the house.
How to apply for Atal Pension Yojana
The process of opening an account in Atal Pension Yojana is very simple. For this, first contact the bank branch / post office in which you have a savings bank account or open a savings account if the customer does not have a savings account. Then provide the bank account number / account number in the post office savings bank and fill the APY registration form with the help of bank staff. Provide Aadhaar / Mobile number for this. It is not mandatory, but can be provided to facilitate communication about contributions. Make sure to keep the required amount in the savings bank account / post office savings bank account for the transfer of monthly / quarterly / half yearly contributions.
If the husband and wife die, then all the money will be returned to the nominee after the death of both. If the person is married, his / her spouse will be the default nominee. Unmarried persons can nominate another person as a nominee and they will have to give details of their spouse after marriage. Aadhaar details of spouse and nominee can be provided. Savings at monthly / quarterly / half-yearly intervals can be made through auto-debit facility from bank account / post office savings bank account. The monthly / quarterly / half-yearly contribution depends on the intended / desired monthly pension and the age of the contributor at the time of entry.
Atal Pension Yojana Calculator : How to apply for Atal Pension Yojana
