Pradhan Mantri Atal Pension Yojana (APY) 2020
Who do not need money after 60 ages? Everyone, because this age is no earning age so need money to live life without problem. It is possible if you save enough or investment high or government job. But these type people are less than no getting pension. Now it is possible if you are self employee or not, PM atal pension yojna may help you. How and when, you have to gather full information.
Pradhan Mantri Atal Pension Yojana (APY) is of Indian govt budget 2020. Pradhan Mantri Atal Pension Yojana (PMAPY) is also called Atal Pension Yojana (APY). It is valid from 1st June 2020.
Pradhan Mantri Atal Pension Yojana (APY) is a universal social security scheme for all Indian and especially poor, private sector, self employed, unorganized workers etc.
Pradhan Mantri Atal Pension Yojana (APY) is a pension scheme, people gets pension after retirement age, save and deposit in this scheme and get pension that’s it. It is for no income tax payers and not getting pension profit from any statutory social security scheme.
PFRDA operates this pension yojana. PFRDA full form is Pension Fund Regulatory and Development Authority.
How much you award pension?
A guaranteed fixed pension yojana, Atal Pension Yojana, receive fixed pension in Rs. 1000/-, 2000/- … 5000/- monthly after your age 60 years.
It depends how much is your subscription and you have to deposit minimum 20 years to get pension under Atal Pension Yojana. An age of applicant should be between 18 to 40 years.