Who doesn’t want to secure their future? In this article today, we are going to tell you about that one scheme that is very suitable for you. This scheme name is Atal Pension Yojana (APY). This government-run scheme is specially designed for those who do not have the option of regular pension plans. With a small investment of just Rs 7 per day, this plan guarantees you a monthly pension of Rs 5,000. It has more than 7 crore members across the country, making it one of the most trusted pension schemes.
Atal Pension Yojana
The Atal Pension Yojana (APY) guarantees large returns with low investment. This scheme is ideal for individuals who do not work in the organized sector but want to secure their old age. The amount of investment in this scheme depends on your age and the pension option chosen. For example, if you join the scheme at the age of 18 and opt for a monthly pension of Rs 5,000, then you only have to invest only Rs 7 per day or Rs 210 per month.
Both husband and wife can become separate members in this scheme, which can lead to a total pension of up to Rs 10,000 per month. In addition, there is also a tax benefit of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. This makes the scheme not only a pension but also a strong medium of tax saving.
How to enroll for Atal Pension: The enrollment process of Atal Pension Yojana is very simple. To join this scheme, you must first have a bank account, which is linked to the Aadhaar card. After that, provide the required documents and mobile number. After this, auto-debit will be set to automatically deduct your monthly amount from the account. Social Security of the Entire Family: This scheme not only provides financial security but also brings a sense of security to the family. If the plan holder dies due to any reason, then his spouse receives the pension. After the deaths of both, the deposit amount is transferred to the nominee. With this, this plan also secures the future of the family.
The Atal Pension Yojana, which started in 2015-16, is becoming increasingly popular across the country today. In the 2024–25 financial year alone, more than 56 lakh people have joined the scheme. This is a testimony to how credible and attractive the scheme has become among low-income individuals.
The Atal Pension Yojana is for every person who wants to spend his old age without financial worries. This plan is an ideal option for everyone with guaranteed pensions, tax benefits, and a simple enrollment process. If you also want to secure your future, then join this scheme today and provide financial security to your family.
