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Plan Your 80s In 18: Invest Rs 7 To Get Rs 5K Pension; Here’s How

Many of us think of our retirement plans and worries over it. But what if you can get a good pension by saving mere Rs 7 each day? 

Edited By : Pranjal Gupta | Updated: Oct 5, 2023 14:19 IST
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As we understand how important it is to have a good financial planning, it is equally necessary to know which scheme may give you decent returns when you will be in your old age. There are several government schemes which can do the same but many are unaware of them. However, there is one policy called Atal Pension Yojana among the ones to support you financially in your old days.

The central government had started the scheme in the year 2015. By investing in this scheme, you can secure your life after retirement financially.

What is Atal Pension Yojana?

Atal Pension Yojana is a scheme launched by the Government of India (GoI). People between the age of 18 to 40 can apply for this scheme. If you apply for this scheme of Government of India at the age of 18 years.

How To Get Pension Of Rs 5,000 Every Month By Saving Rs 7 Daily? 

In such a situation, you have to save Rs 7 daily and invest Rs 210 in it every month. You have to make this investment until you turn 60 years of age.

After completion of 60 years, you will get a pension of Rs 5,000 every month under Atal Pension Yojana. Many people in the country are investing in Atal Pension Yojana.

How To Open Account?

If you want to open your account in Atal Pension Yojana. In such a situation, you will have to visit your nearest bank branch. While opening an account in this scheme, you will have to provide bank account number, Aadhaar number, mobile number and other important information.

First published on: Oct 05, 2023 02:18 PM IST

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