If you are working class, you will be saving for your future. You might be investing in a mutual fund or something else. But being financially independent is the demand of the hour. Even senior citizens need to be financially independent . Here we are telling you one of the best schemes for senior citizens.
The Atal Pension Yojna is a National Pension Scheme NPS that was introduced in the Union Budget of 2015-2016. The target demographic for this pension scheme is those who employed in the unorganized sector. It is also open to employees in the private sector who do not have pension benefits.
On attaining the age of 60, an individual can choose to obtain a pension of either Rs.1,000, Rs.2,000, Rs.4,000, or Rs.5,000, depending on their contribution to the scheme and the age at which they started subscribing to the scheme.