If you want to secure a bright future for your old age, there’s no need to worry. The government has introduced a robust scheme that will provide a monthly pension, easing all your retirement concerns. This scheme is none other than the Atal Pension Yojana. By investing in this plan, you can fulfill your dream of earning a substantial amount.
If you want to secure a guaranteed pension after the age of 60, don’t delay joining the scheme, as it is a great opportunity. Before enrolling, make sure to understand the key details to avoid any issues. Therefore, it is important to read our article carefully, which will clear up any confusion.
Important benefits of Atal Pension Yojana
By becoming a part of the Atal Pension Yojana introduced by the central government, you can eliminate all your concerns for old age. The scheme’s government backing ensures your investment is completely safe and hassle-free. You can start investing with a small sum that fits your budget.
Investing early in this scheme will lead to faster and greater benefits. Early investment allows for a higher pension in a straightforward manner, so be sure to take advantage of this opportunity. With a monthly investment of ₹42 to ₹210, you will receive ₹5,000 per month in pension after age 60. Late starters will need to invest more; for instance, joining at age 40 requires a monthly investment ranging from ₹291 to ₹1,454.
Family members will get benefits in case of accidental death
Should a person die after joining the scheme, their family members are advised not to stop the investment. If they decide to discontinue the scheme after the individual’s death, they can withdraw the total invested amount without any hassle. Additionally, in the unfortunate event of your partner or spouse’s death, your family will receive financial aid. The nominee you have appointed will effortlessly get the accumulated funds, preventing any issues.
