All the Updates and info About Atal Pension Yojana (APY) – Eligibility, Chart, Benefit:
Atal Pension Yojana (APY) is the scheme for those who wants to join National Pension System. This scheme is only for those who are not a member of any other social security scheme. It was announced by Finance Minister in his budget speech.
Simply, this scheme is for those people who are work for any private sector and want to collect fixed amount of pension after retirement. The person can get a fixed pension of Rs 1000/2000/3000/4000/5000 per month, at the age of 60 years.
Benefits of Atal Pension Yojana:
One of the most important benefits of the scheme is that, the central government will contribute 50% of the user’s contribution or Rs. 1000 per year for a period of 5 years.
Launching date of the Atal Pension Yojana Scheme:
The Atal Pension Yojana scheme has been launched from 1st June 2015 and the existing member of Swavalamban Scheme would be automatically transferred to this scheme.
Chart of Atal Pension Yojana:
Here, we have given you the age wise chart of Atal Pension Yojana. So you can get more information about Atal Pension Yojana.
Eligible criteria of Atal Pension Yojana:
The candidates who have minimum 18 years and maximum 40 years are eligible for the Atal Pension Yojana. This scheme is open for all bank account holders and who are not the member of any other social security scheme.
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