The old age income security of the working poor and is focused on encouraging and enabling them to join the National Pension System the Government of India is extremely concerned it.
National Pension System | Pradhan Mantri Atal Pension Yojana | APY Scheme Benefits |
The Atal Pension Yojan is a new initiative which was announced by the Finance Minister in his budget speech for 2015-16. Atal Pension Yojana are shortly known as APY is a scheme for all those people of the unorganized sector, who wish to join the National Pension System and are not a member of any other social security scheme. According to APY, the subscribers would receive the fixed pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, after the age of 60 years, depending on their contributions, which itself would vary on the age of joining the APY. It is useful for the all subscribers those above 18 year. You can join this scheme by pmjandhanyojana.co.in
Who can Apply for Atal Pension Yojana | Eligibility Criteria
Atal Pension Yojana (APY) is open or valid to all bank account holders who are not members of any statutory social security scheme. The minimum age of subscribers those want joining APY is 18 years and maximum age is 40 years. Therefore, minimum period of contribution by the subscriber under APY would be 20 years or more it. . One of the most important think of APY is that, the central government will contribute 50% of the user’s contribution or Rs. 1000 per year for a period of 5 years continuity.You can read and apply for application at official website : http://pmjandhanyojana.co.in/atal-pension-yojana/
The Atal Pension Yojan also known as APY will be launched form 1st June 2015 by the Finance Minister of India for the 18 to 40 year member and the existing members of the Swavalamban scheme would be automatically transferred to this scheme.