The central government has several beneficial schemes that provide financial benefits. For example, consider the Atal Pension Yojana, in which you can invest and receive a pension after the age of 60. This is an investment plan that requires you to invest for at least 20 years, and after the age of 60, you can receive a monthly pension of up to ₹5,000. So, let's learn more about it.

Who can apply?
Indian citizens
aged 18-40 years,
non-taxable individuals, and
those with a bank account

How much do you need to invest?
Under the Atal Pension Yojana, you need to invest based on your age.
For example, starting at age 18, you can invest ₹210 per month to receive a monthly pension of ₹5,000.
Similarly, a 30-year-old needs to invest ₹577 per month. After age 60, you will receive a monthly pension of ₹5,000.

How do I apply?
To join the Atal Pension Yojana (APY), you must be eligible.
You then need to visit your bank branch and
meet with the relevant official,
who will provide you with information about the pension plan and premiums.

PC- Probusinsurance.com