Atal Pension Yojana Form, Online Registration, Benefits, Required Document, How to Apply, Chart & Many More

24 Nov, 2021 Last Update 2 years ago

Atal Pension Yojana

Atal Pension Yojana was started by the Prime Minister of our country, Shri Narendra Modi, on June 1, 2015. Under this scheme, after the age of 60 of the beneficiaries, an amount ranging from Rs 1000 to Rs 5000 will be given as a pension. At Atal Pension Yojana 2021, the amount of the pension will be decided according to the age and the investment made by the beneficiaries. In Atal Pension Yojana 2021, not only can you be entitled to more pension each month by depositing less, but you can also take the benefit of it to your family in case of premature death. For more information on this scheme, such as the amount chart, the registration process, the eligibility, the required documents, etc., please read this article carefully until the end.

Atal Pension Yojana Overview

This scheme was started for citizens of the unorganized sector. To benefit from this scheme, the beneficiary must have a savings account at the bank. To benefit from the Atal Pension Yojana, the age of the husband and wife must be between 18 and 40 years old.

Scheme Name

Atal Pension Yojana

Starting Date

2015 Year

Who Started

Central Government

Beneficiary

people from the unorganized sectors of the country

Goal

Provide Pension

Blog Updated

November, 2021

Atal Pension Yojana Registration Process

Just like the national pension plan, if you spend money on Atal Pension Yojana, tax advantages. these tax benefits can be supplied under phase 80 CCD (1B) of the profits Tax Act. An income tax deduction of ₹ 50,000 may be supplied to the investor under segment 80 CCD (1B).

  • The involved individual who desires to run under prime Minister Atal Pension Yojana, have to first open his savings account at any country wide bank.
  • After that, fill in all of the records asked in the software shape for high Minister Atal Pension Yojana, which includes aadhar card, mobile telephone number, and many others.
  • After completing the application form, send it to the financial institution supervisor. After this, your bank account may be opened at Atal Pension Yojana after verifying all your letters.

Atal Pension Yojana Required Document

  • Applicant need to be an indian citizen.
  • The candidate's age should be between 18 and 40 years old.
  • The applicant need to have a financial institution account and the financial institution account should be related to the Aadhar card.
  • Applicant's Aadhar card
  • hone quantity
  • Identity card
  • Evidence of permanent cope with
  • Passport length photo

Atal Pension Yojana : How to Apply

To enroll in Atal Pension Yojana 2021, beneficiaries are required to have a financial institution account and the financial institution account should be connected to the Aadhar card. people who are earnings tax payers and have authorities jobs cannot advantage from this scheme, whoever is the interested beneficiary can go to any national pension bank in India.

Benefits of Atal Pension Yojana

Atal Pension Yojana changed into commenced to offer pensions to personnel inside the unorganized zone. through this scheme, a pension of ₹ a thousand to ₹ 5000 is supplied each month in line with the applicant's funding upon turning 60 years of age. Tax blessings will also be furnished to clients beneath this scheme. This information has been supplied via the Regulatory Authority and development of Pension budget thru a tweet. in this tweet, it's been stated that each one those taxpayers of profits tax who're among 18 and forty years vintage can take gain of this scheme and together with this, all the ones taxpayers of the tax ba eighty CC income tax. Act can gain from this scheme. you could also make a income on prices.

To advantage from this scheme, it is obligatory for the consumer to have a financial savings account or financial savings account at the publish office. Atal Pension Yojana has additionally been covered in Article 7 of the Aadhaar regulation. All those residents who need to apply under this scheme should gift proof of their Aadhaar wide variety or need to undergo registration below the Aadhaar authentication.

  • Only the people of India can take advantage of this scheme.
  • Below Atal Pensión Yojana 2021, the relevant authorities will provide a monthly pension of Rs a thousand-5000 only after attaining 60 years of age.
  • In the framework of Atal Pensión Yojana, the amount of the pension can be provided handiest in keeping with the age and the funding made by way of the beneficiaries.
  • Just like the PF account, the government also contributes in your behalf to this 401-k plan.
  • In case you need a pension of 1000 rupees each month and you're 18 years old, you have to deposit a premium of 210 rupees every month for 42 years.
  • On the identical time, forty-year-olds will ought to pay a premium of Rs 297 to Rs 1,454. most effective after as a way to you be capable of take advantage of APY 2021.

APY Yojana Contribution Chart 2021-22

Age of entry

Years of contribution

First Monthly pension of Rs.1000/-

Second Monthly pension of Rs.2000/-

Third Monthly pension of Rs.3000/-

Fourth Monthly pension of Rs.4000/-

Fifth Monthly pension of Rs.5000/-

18

42

42

84

126

168

210

19

41

46

92

138

183

224

20

40

50

100

150

198

248

21

39

54

108

162

215

269

22

38

59

117

177

234

292

23

37

64

127

192

254

318

24

36

70

139

208

277

346

25

35

76

151

226

301

376

26

34

82

164

246

327

409

27

33

90

178

268

356

446

28

32

97

194

292

388

485

29

31

106

212

318

423

529

30

30

116

231

347

462

577

31

29

126

252

379

504

630

32

28

138

276

414

551

689

33

27

151

302

453

602

752

34

26

165

330

495

659

824

35

25

181

362

543

722

902

36

24

198

396

594

792

990

37

23

218

436

654

870

1087

38

22

240

480

720

957

1196

39

21

264

528

792

1054

1318

40

20

291

582

873

1164

1454

Atal Pension Yojana Helpline Number

Website - NA

Fax No. - NA

Email Id - NA

Address - NA