Facts You Must Know When Applying For Atal Pension YojanaNews, Media & ReportingUpdated on Jan 11, 2019 View more like this | Visit India, UN | Contact Maya Kashyap |
Atal Pension yojana scheme was announced in 2015 in the budget speech. There are many people in India who comes in the category of unorganised sector and this scheme is meant for them. Under this scheme,if a citizen contribute any fund, then the Government will also pool in 50% of the amount towards their pension for the first five years of the scheme. This amount is subject to the age of person. The pension will be release at the age of 60 and a person who joins this scheme and contributes between the age of 18 to 40 years then they are entitled to a fixed pension of Rs 1000 to Rs 5000.
There are a few requirements to apply for Atal Pension Yojana. If you want to apply then here are the Atal Pension Yojana Details that you should know before applying-
#A bank account is must.
#Aadhar card is required. This card must be linked to your bank account.
#Minimum age should be 18 years.
#Maximum age can be 40 years.
#Contribution should be for minimum 20 years.
#Mobile number should be valid.
Now, the question is how can you for Atal Pension Yojana. Applying for this scheme is very simple. So, here are the steps to apply for this scheme. Follow these steps to start an Atal Pension Yojana account-
This scheme is provided by all nationalised banks. You may visit any of the bank near by you or you can go to your own bank where you already have your account. Atal Pension Yojana Forms available online as well as offline. You can get it from the bank. If you want to get it online then you can download the form from the official website of Atal Pension Yojana. This forms are available in different languages. You can fill it in English, Hindi, Bangla, Gujarati, Kannada, Marathi, Odia, Tamil and Telugu.
Step 1 - Fill up the application form and submit it to your bank.
Step 2 - Provide a valid mobile number, if you haven’t already to the bank.
Step 3 - Submit a photocopy of your Aadhaar card.
Step 4- You will get a confirmation message when the application is approved.
Another important thing about this scheme is that if you forgot to to pay the premium for the pension scheme, then your bank account will automatically be debited every month. You just need to ensure that your account has sufficient balance for deduction. Also, the duration of paying premium is your choice. You can do this quarterly, monthly or early basis. If you want to close the scheme before the age of 60 in case of terminal disease or death than you can do this as well. You will entitled to receive the full amount.
This scheme is totally safe to use because Atal Pension Yojana Details is passed by the Parliament of India in the budget session. The scheme will not be discontinued with a change in Government. Any succeeding Governments have the right to only change the name of the pension scheme.
There are a few requirements to apply for Atal Pension Yojana. If you want to apply then here are the Atal Pension Yojana Details that you should know before applying-
#A bank account is must.
#Aadhar card is required. This card must be linked to your bank account.
#Minimum age should be 18 years.
#Maximum age can be 40 years.
#Contribution should be for minimum 20 years.
#Mobile number should be valid.
Now, the question is how can you for Atal Pension Yojana. Applying for this scheme is very simple. So, here are the steps to apply for this scheme. Follow these steps to start an Atal Pension Yojana account-
This scheme is provided by all nationalised banks. You may visit any of the bank near by you or you can go to your own bank where you already have your account. Atal Pension Yojana Forms available online as well as offline. You can get it from the bank. If you want to get it online then you can download the form from the official website of Atal Pension Yojana. This forms are available in different languages. You can fill it in English, Hindi, Bangla, Gujarati, Kannada, Marathi, Odia, Tamil and Telugu.
Step 1 - Fill up the application form and submit it to your bank.
Step 2 - Provide a valid mobile number, if you haven’t already to the bank.
Step 3 - Submit a photocopy of your Aadhaar card.
Step 4- You will get a confirmation message when the application is approved.
Another important thing about this scheme is that if you forgot to to pay the premium for the pension scheme, then your bank account will automatically be debited every month. You just need to ensure that your account has sufficient balance for deduction. Also, the duration of paying premium is your choice. You can do this quarterly, monthly or early basis. If you want to close the scheme before the age of 60 in case of terminal disease or death than you can do this as well. You will entitled to receive the full amount.
This scheme is totally safe to use because Atal Pension Yojana Details is passed by the Parliament of India in the budget session. The scheme will not be discontinued with a change in Government. Any succeeding Governments have the right to only change the name of the pension scheme.
