Atal Pension Yojana 2023 - Best Government Pension Scheme.
Atal Pension Yojana (APY) is a pension scheme for the government launched by the Government of India in 2015. The purpose of small traders is to provide a guaranteed pension for workers, farmers and Indian citizens in neglect.
Under the scheme, customers got Rs. 1,000 to Rs. 5,000. Pension size depends on the contribution made at the time of joining the project and the age of the customer. The minimum age to enter the project is 18 years, the maximum age is 40 years.
The project has been contributed by the customer and the government. Subscriber or Rs. 50%of the total contribution made by. 1,000 per year, no matter what, for five years. The customer should make regular contribution to the project till the age of 60, after which they can start receiving pension.
The project is managed by the Pension Finance Regulatory and Development Authority (PFRDA) and is available in all branches of nationalized banks, regional rural banks and cooperative banks. The program is aimed at providing a social security trap for the unmanned field and promoting savings culture.
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