Atal Pension Yojana: This government scheme is very amazing, invest 210 rupees, you will get pension of 5 thousand every month
very useful plan
Atal Pension Yojana (APY) has completed 8 years on 9th May. Prime Minister Narendra Modi started this scheme in the year 2015 on 9th May. In the Atal Pension Yojana (APY), at the age of 60, a pension of Rs 1,000 to Rs 5,000 is available every month. Any person between the age of 18 years to 40 years can invest in the scheme. At least 20 years will have to be invested in this scheme (Atal Pension Yojana). To join the scheme, it is necessary to have Aadhaar, active mobile number and savings bank account. Your amount will be deducted every month depending on the amount of pension you want to get after retirement. In order to get a pension of Rs 1 to 5 thousand per month, one has to pay Rs 42 to Rs 210 per month.
This is how you will get a pension of 5 thousand rupees
If an 18 year old person deposits 42 rupees every month, then after 60 years he will get a pension of 1000 rupees every month. On depositing Rs 84, you will get a pension of Rs 2,000. And on depositing Rs 210, Rs 5,000 will be given as pension every month. On the other hand, a person of 40 years will have to deposit Rs 1,454 for a pension of Rs 5,000. Similarly, different amounts have been fixed for people in the age group of 19 years to 39 years. You can find this online or by visiting the bank. There you can pay installments according to your convenience.