In this scheme, the family continues to get help even after death.
Under this scheme, not only live, but even after death, the family continues to get help. If a person associated with the scheme dies before 60 years, then his wife can continue to deposit money in this scheme and get pension every month after 60 years.
New Delhi. Atal Pension Yojana (APY) is a successful government-run scheme. The scheme is administered by insurance regulator Pension Fund Regulatory and Development Authority (PFRDA), which is specifically for the unorganized sector. The government ensures all pension related benefits on the scheme. If you want to get a monthly pension of 5000 rupees then you can also take advantage of this scheme. Let us know the details about this scheme…
Who can avail
Anyone aged 18 to 40 years can open an Atal Pension Yojana account. The most important thing about this government scheme is that the sooner the investment will be done in this scheme, the more funds will be deposited. Under this scheme you should continue investing for a period of 20 years. For APY scheme, it is mandatory to have a bank account linked to your Aadhaar card. State Bank of India (SBI) and even regional banks are opening bank accounts for the Atal Pension Yojana.
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The sooner you connect with Atal Pension Yojana, the more benefit you will get. If a person joins the Atal Pension Yojana at the age of 18, then after 60 years of age, he will have to deposit Rs 210 per month for a monthly pension of Rs 5000. That is, by depositing 7 rupees every day in this scheme, you can get a pension of 5000 rupees per month. In this scheme only 42 rupees will have to be deposited every month for a monthly pension of 1000 rupees, while 84 rupees will be deposited for 2000 rupees pension, rupees 126 for 3000 rupees and rupees 168 rupees for monthly pension of 4000 rupees. .
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After death, the family will continue to get help
Under Atal Pension Yojana, not only live, but even after death, the family continues to get help. If a person associated with the scheme dies before 60 years, then his wife can continue to deposit money in this scheme and get pension every month after 60 years. While the other option is that the person’s wife can claim a lump sum after the death of her husband. If the wife also dies, then a lump sum is paid to her nominee.