
The central government will give you ₹ 5000 every month, if you want to take profit then do this work soon.
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Posted on Nov 29, 2021
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By Hem singh
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Published in News
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247 Views

Many special schemes are run by the central government, in which financial assistance is provided to the common man. If you are also looking for a plan to protect your old age, today we are going to talk about a government scheme through which you can get Rs 5000 per month. Let me tell you how
The name of this government scheme is Atal Pension Yojana. In this, you are given a fixed pension every month from the government. In this, the government pays the citizens from Rs.1000 to Rs.5000 per month.
Any Indian citizen between the ages of 18 and 40, especially those working in the unorganized sector, can avail of pension benefits by investing in this scheme. The scheme is run by the Pension Fund Regulatory and Development Authority.
Under this scheme, citizens have to pay a monthly premium. If the applicant is 18 years old, he will have to pay a premium of Rs.210 per month. Apart from this, to get a pension of Rs.1000 per month, one has to pay only Rs.42 at the age of 18.
If for any reason a citizen dies before the age of 60, the money of this Atal Pension Scheme will be paid to the nominated citizen of that citizen.
To open your account in Atal Pension Plan, you need to go to the bank where your savings account is and fill up the APY registration form. Aadhaar and mobile numbers will also have to be provided. After that, your monthly installment will be automatically deducted from the same bank account.
You can invest in it monthly, quarterly, and semi-annually. You have to invest till the age of 42, after which in 42 years your total investment is Rs. 1.04 lakhs and after 60 years you will get a monthly pension of Rs.
In this scheme o, only one account will be opened in the name of one member. Under income tax section 80CCD, he gets the benefit of tax relief. The government will also contributor the first 5 years.
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