If you want to get a fixed amount every month after retirement, then you can invest in the Atal Pension Yojana. In this, pension can be given from one to five thousand per month.
Considering the rising inflation, saving money for future is very important. If you also want to avoid financial problems after retirement, then pension funds can invest in the Atal Pension Yojana operated by the Regulatory and Development Authority. In this, you have to deposit only 248 rupees every month. In lieu of this, you will be able to get a pension of up to 5 thousand rupees every month.
Atal Pension Yojana is a scheme that was launched keeping in mind the low income group. In this, a person can get a fixed amount of pension after 60 years. Under the scheme, pension is given between Rs 1,000 and Rs 5,000 after the subscriber turns 60 years. For this, contributions have to be made according to different ages.
Benefits of the scheme
1. If the investor dies under the Atal Pension Yojana, then his nominee gets 50 percent pension.
2. In this, you will also get tax exemption up to 1.5 lakh rupees under section 80C.
3. Under the scheme, after the age of 60 years the subscriber gets pension between Rs 1,000 and Rs 5,000.
4. It also offers auto-debit facility. That is, the fixed amount from your account will be automatically deducted and deposited in your pension account.
How to invest
To invest in the Atal Pension Scheme, visit the website https://enps.nsdl.com/eNPS/NationalPensionSystem.html. Submit your Aadhaar card details here. After doing this, OTP will come on your registered mobile number, verification will be done as soon as you enter it. Now give the information of the bank, in which type the account number and address, your account will be activated as soon as you do so. After this, you fill all the information about the nominee and the premium deposited. Now e-sign the form for verification. With this, your registration for Atal Pension Yojana will be completed.
How to get monthly pension
Under this scheme, if you want a monthly pension of 5 thousand rupees, then you have to pay a premium of 248 rupees every month. You have to do this for 20 years. If you are 20 years of age and want to get a pension of 2000 rupees then you have to pay a premium of ₹ 100 per month.
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