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Home Personal Finance Big Mews: Life pension will be available for 42 rupees, know how...

Big Mews: Life pension will be available for 42 rupees, know how you can avail this scheme

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New Delhi: Most of the jobs whether they are doing government jobs or private, their pension facility is almost gone. Those working in private jobs do not even get pension. In such a situation, people can invest in this scheme run by the government to get regular pension even after retirement.

The name of this scheme is Atal Pension Yojana. After 60 years, after getting invested in this scheme, pension will start getting. There is a social security scheme of the central government. Under this scheme, people working in the unorganized sector of the central government get pension from one thousand rupees to five thousand rupees.




In this scheme, any person from 18 to 40 years of age can open an account.

Talking in detail on the APY chart, SEBI registered tax and investment expert, Jitendra Solanki said, “If an investor opens an APY account at the age of 18, his monthly premium for an APY pension of Rs 1,000 is Rs 42. SBI Account Holders Can Get Rs 5000 Pension/Month Under Atal Yojana: How To Apply

The premium for a monthly pension of Rs 2,000 is Rs 84. The APY premium is Rs 126 for a monthly pension of Rs 3,000. The APY monthly premium is Rs 168 for a monthly pension of Rs 4,000, while the monthly premium for a Rs 5,000 monthly pension is Rs 210.

For the 40-year-old APY account holder, the APY chart shows that the premium payment for a Rs 1,000 monthly APY pension would be Rs 291. This premium will be doubled for a monthly pension of Rs 2,000, while Rs 3,000 for a pension of Rs 3,000 and Rs 1,000 for a monthly pension of Rs 291 becomes three times, four times and five times the monthly premium.

 

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