{"id":708,"date":"2022-12-14T17:55:14","date_gmt":"2022-12-14T12:25:14","guid":{"rendered":"https:\/\/jaduikahaniya.com\/news\/?p=708"},"modified":"2022-12-14T17:55:16","modified_gmt":"2022-12-14T12:25:16","slug":"atal-pension-yojana","status":"publish","type":"post","link":"https:\/\/jaduikahaniya.com\/news\/atal-pension-yojana\/","title":{"rendered":"Atal Pension Yojana Details &amp; Eligibility"},"content":{"rendered":"\n<p class=\"has-text-align-justify\">The\u00a0<strong>Atal Pension Yojana\u00a0<\/strong>(APY) was launched in 2015 by the Government of India as a social security scheme for the unorganized sector workers. <\/p>\n\n\n\n<p class=\"has-text-align-justify\">The scheme is open to all citizens of India between the age of 18 and 40 years, with a minimum monthly income of Rs. 1000\/-. Under the scheme, subscribers would receive a fixed minimum monthly pension of Rs. 1000\/-, 2000\/-, 3000\/-, 4000\/- or 5000\/- at the age of 60 years, depending on their contributions made during their working life.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/jaduikahaniya.com\/news\/wp-content\/uploads\/2022\/12\/Atal-Pension-Yojana-2023.png.webp\" alt=\"\" class=\"wp-image-709\" width=\"512\" height=\"269\" srcset=\"https:\/\/jaduikahaniya.com\/news\/wp-content\/uploads\/2022\/12\/Atal-Pension-Yojana-2023.png.webp 1024w, https:\/\/jaduikahaniya.com\/news\/wp-content\/uploads\/2022\/12\/Atal-Pension-Yojana-2023.png-300x158.webp 300w, https:\/\/jaduikahaniya.com\/news\/wp-content\/uploads\/2022\/12\/Atal-Pension-Yojana-2023.png-768x404.webp 768w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n<\/div>\n\n\n<p>The government has also introduced a co-contributory pension scheme called \u2018Pradhan Mantri Vaya Vandana Yojana\u2019 (PMVVY) for senior citizens aged 60 years and above. Under this scheme, the subscribers would receive a fixed monthly pension of Rs. 9000\/- per month for 10 years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Eligibility criteria for Atal Pension Yojana<\/strong><\/h2>\n\n\n\n<p>In order to be eligible for the&nbsp;<strong>Atal Pension Yojana<\/strong>, individuals must meet the following criteria:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>They must be between the ages of 18 and 40.<\/li>\n\n\n\n<li>They must not already be a part of any other government pension scheme.<\/li>\n\n\n\n<li>They must have a regular source of income.<a rel=\"noreferrer noopener\" href=\"https:\/\/newshelium.com\/pradhan-mantri-awas-yojana-2022-23\/\" target=\"_blank\"><\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to join&nbsp;<\/strong><strong>APY?<\/strong><\/h2>\n\n\n\n<p>Joining the Atal Pension Yojana is easy! All you need to do is visit your nearest bank or post office and fill out the application form. You will also need to provide some basic documents, like your proof of identity and address. Once you have submitted the form, you will be enrolled in the scheme and will start contributing towards your pension.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key features of&nbsp;<\/strong><strong>APY?<\/strong><\/h2>\n\n\n\n<p>The key features of the Atal Pension Yojana are:<\/p>\n\n\n\n<p>1. The scheme is open to all citizens of India between the ages of 18 and 60 years.<br>2. Under the scheme, subscribers will receive a minimum guaranteed pension of Rs. 1,000 per month, Rs. 2,000 per month, Rs. 3,000 per month, Rs. 4,000 per month or Rs. 5,000 per month, depending on their contributions, from the age of 60 years onwards.<br>3. The scheme is portable across jobs and states in India.<br>4. Subscribers can make voluntary contributions over and above the minimum required contribution to receive a higher pension amount.<br>5. The scheme offers tax benefits under section 80CCD (1) of the Income Tax Act 1961.<br>6. Spouse and dependent children can continue to receive the pension benefit in case of the subscriber\u2019s death before reaching 60 years of age provided they themselves are registered under the scheme with APY accounts in their own names<\/p>\n\n\n\n<p><strong>\u0a86 \u0aaa\u0aa3 \u0a9c\u0ac1\u0a93:-\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/jaduikahaniya.com\/news\/winzo-game-app-download\/\" target=\"_blank\">\u00a0\u0ab0\u0acb\u0a9c\u0aa8\u0abe 500 \u0ab0\u0ac2\u0aaa\u0abf\u0aaf\u0abe \u0aa5\u0ac0 \u0ab5\u0aa7\u0ac1 \u0a95\u0aae\u0abe\u0a93 \u0a9c\u0abe\u0aa3\u0acb \u0a95\u0ac7\u0ab5\u0ac0 \u0ab0\u0ac0\u0aa4\u0ac7.<\/a><\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/newshelium.com\/pradhan-mantri-awas-yojana-2022-23\/\" target=\"_blank\"><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Who is eligible for pension under&nbsp;<\/strong><strong>APY?<\/strong><\/h2>\n\n\n\n<p>The Atal Pension Yojana is a government-sponsored pension scheme that offers a guaranteed minimum monthly pension to workers in the unorganized sector. The scheme is open to all Indian citizens between the ages of 18 and 60 years.<\/p>\n\n\n\n<p>Under the scheme, subscribers will receive a minimum guaranteed pension of Rs. 1,000 per month upon reaching the age of 60 years. The pension amount will be increased to Rs. 5,000 per month for those who subscribe to the scheme before the age of 40 years.<\/p>\n\n\n\n<p>To be eligible for the Atal Pension Yojana, subscribers must have a bank account and must contribute monthly contributions towards their pension fund. The government will also provide a matching contribution for every subscriber, up to a maximum of Rs. 1,000 per year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"http:\/\/newshelium.com\/wp-content\/uploads\/2022\/12\/atal-pension-yojana-calculation-chart-300x182.jpg.webp\" alt=\"atal-pension-yojana\" class=\"wp-image-8\"\/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>How much pension will I get under APY?<\/strong><\/h2>\n\n\n\n<p>Assuming that you are asking about the Atal Pension Yojana (APY), under this scheme, subscribers would receive a fixed monthly pension of Rs. 1,000, 2,000, 3,000, 4,000 or 5,000 from the age of 60 years depending on their contributions. The amount of pension is guaranteed and will be paid by the government even if the subscriber dies before reaching the age of 60 years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Under what circumstances can I exit from APY?<\/strong><\/h2>\n\n\n\n<p>Generally, an account holder can exit from the APY scheme before completion of 60 years of age under the following circumstances:<a rel=\"noreferrer noopener\" href=\"https:\/\/newshelium.com\/pradhan-mantri-awas-yojana-2022-23\/\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p>1. Marriage: An account holder who is unmarried can exit from the scheme after marriage.<\/p>\n\n\n\n<p>2. Death: In case of death of the account holder, the nominees can exit from the scheme.<\/p>\n\n\n\n<p>3. Physical disability: If an account holder becomes physically disabled and is unable to contribute to the scheme, he\/she can exit from the scheme.<\/p>\n\n\n\n<p>4. Migration: If an account holder migrates out of India, he\/she can exit from the scheme.<\/p>\n\n\n\n<p><strong>\u0a86 \u0aaa\u0aa3 \u0a9c\u0ac1\u0a93:-\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/jaduikahaniya.com\/news\/medibuddy\/\" target=\"_blank\">\u00a0Free \u0aae\u0abe\u0a82 \u0aaa\u0acd\u0ab0\u0acb\u0aa1\u0a95\u0acd\u0a9f \u0aae\u0a82\u0a97\u0abe\u0ab5\u0abe\u0aa8\u0ac0 \u0aa7\u0aae\u0abe\u0a95\u0ac7\u0aa6\u0abe\u0ab0 \u0a8f\u0aaa<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What happens to my account after my death?<\/strong><\/h2>\n\n\n\n<p>Assuming that the Atal Pension Yojana (APY) account is maintained by the subscriber till his\/her death, the following will happen to the account after the death of the subscriber:<\/p>\n\n\n\n<p>The APY account will be closed and the entire accumulated pension wealth will be paid to the nominee as per the rules of succession.<\/p>\n\n\n\n<p>If there is no nominee, then the entire accumulated pension wealth will be refunded to the legal heirs of the deceased subscriber as per rules of succession.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Can I have more than one account under Atal Pension Yojana (<\/strong><\/h2>\n\n\n\n<p>Yes, you can have more than one account under the Atal Pension Yojana. However, each account must be in the name of a different person. You cannot have more than one account in your own name.<\/p>\n\n\n\n<p>official website \u2013&nbsp;<a href=\"https:\/\/www.npscra.nsdl.co.in\/scheme-details.php\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.npscra.nsdl.co.in\/scheme-details.php<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Atal Pension Yojana\u00a0(APY) was launched in 2015 by the Government of India as a social security scheme for the unorganized sector workers. The scheme is open to all citizens of &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Atal Pension Yojana Details &amp; Eligibility\" class=\"read-more button\" href=\"https:\/\/jaduikahaniya.com\/news\/atal-pension-yojana\/#more-708\" aria-label=\"More on Atal Pension Yojana Details &amp; Eligibility\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":709,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/posts\/708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/comments?post=708"}],"version-history":[{"count":0,"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/posts\/708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/media\/709"}],"wp:attachment":[{"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/media?parent=708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/categories?post=708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jaduikahaniya.com\/news\/wp-json\/wp\/v2\/tags?post=708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}