New Delhi: If you are also worried about your old age, then you can invest in the government’s Atal Pension Yojana. This scheme can prove beneficial for private job seekers, as they do not get pension after the job and the government guarantees the pension every month. Currently, under the Atal Pension Yojana, the government is giving a pension of 1000 to 5000 rupees per month. A person up to the age of 40 can apply for the Atal Pension Yojana.
Under Atal Pension Yojana, after making a fixed contribution per month in a bank account, after retirement, you will get a pension ranging from Rs 1 thousand to Rs 5 thousand monthly. The government is guaranteeing a lifetime pension of Rs 5000 a month or an annual pension of Rs 60,000 after the age of 60 for investing only Rs 1239 every 6 months. According to the current rules, if at the age of 18, a maximum of 5 thousand rupees are added to the scheme for monthly pension, then you have to pay 210 rupees per month.
If you give this money every three months, then you will have to pay Rs 626 and you will have to pay Rs 1,239 in six months. If you invest at the age of 18 to get a pension of Rs 1,000 a month, then you have to pay Rs 42 monthly. Suppose if you start at the age of 35 for 5 thousand pension, then for every 5 months for 25 years, you will have to deposit Rs 5,323. In this case, your total investment will be Rs 2.66 lakh, on which you will get a monthly pension of Rs 5 thousand. While joining at the age of 18, your total investment will be only 1.04 lakh rupees. That is, about 1.60 lakh rupees more will have to be invested for a single pension.
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