APY Scheme: Everyone wants that their retirement should be spent without any financial trouble. For this, people start saving in advance. If you are planning an investment, then this news can be good for you. It is often seen that in old age people have to depend on others for expenses. During this time, pension can be a great option.
Pension works as a regular income in old age. If you are young, then you save monthly small savings amount for your old age so that your old age remains safe. Today we have brought a special scheme for you in which you can secure your old age by investing.
You will get a pension of Rs 5000
Actually we are talking about Atal Pension Scheme, under this scheme you get a good pension in old age. This is a great pension scheme in a way. Under this scheme, the government provides guaranteed pension. You can make a small investment in this scheme. After this, pension of Rs 1 thousand to Rs 5 thousand starts being received every month. A person between 18 and 40 years can avail the benefits of this scheme.
Know for how many years you will have to invest
For information, let us tell you that in Atal Pension Scheme, you have to invest for only 20 years. After this you start getting pension. If you start investing at the age of 40, then as soon as you turn 60, you will start receiving pension amount in your account. There are many other benefits in this scheme along with pension. In this, investors get tax saving up to Rs 1.5 lakh. Benefits are given under Section 80C of Income Tax.
How to get monthly pension of Rs 5 thousand
If you want to get a monthly pension of Rs 5000 in this scheme, then let us tell you that if you invest Rs 210 every month at the age of 18, that is, you have to save Rs 7 every day. After this, as soon as you turn 60 years old, you will start receiving 5 thousand rupees as pension. If you want to get a monthly pension of 1 thousand rupees, then you will have to invest 42 rupees every month. In this scheme, if husband and wife open an account together, then you get a pension of 10 thousand rupees.