Why is the Atal Pension Yojana important for you? Both husband and wife can avail benefits
Winning Business Desk
Mumbai. Every senior citizen of every family is recommended to save with earnings. Only small savings made every month are useful for people after retirement. If you have not started saving for your retirement yet, then do not delay at all and start it immediately. After retirement, you can start investing in Atal Pension Yojana for a fixed pension every month. Through investment in this scheme, husband and wife can get up to 10 thousand rupees as pension after retirement.
Who can invest ?
Any Indian citizen can invest in this scheme. A person in the age group of 18 years to 40 years can join this scheme. To get pension under this scheme, you have to invest for a minimum period of 20 years.
How much premium will have to be deposited?
The premium of this scheme depends on what your age was at the time of entry in this scheme. If you are 18 years old and you want a pension of Rs 1,000 every month after turning 60, then you have to deposit Rs 42 every month. At the same time, if you want a pension of Rs 5,000 every month after retirement and you are 18 years old, then you will have to invest Rs 210 every month.
What if an investor dies?
In some cases it can happen if the investor wants his investment money back before the age of 60 years. In case of the unfortunate death of the investor, the spouse will get pension. In the event of the death of both the husband and wife, the nominee will get the full money back.
Account Opening Process
Getting an account opened in Atal Pension Yojana is very easy. For this, you must have an account in a bank or post office. Aadhar card and mobile number will be required. Monthly, quarterly and half yearly facility is available for depositing money in this scheme. Also, the facility of auto debit is available, that is, money will be automatically deducted from your account.