The central and state governments are implementing a variety of welfare schemes for the better future of the poor. Among them is the Atal Pension Scheme.

The central and state governments are implementing a variety of welfare schemes for the better future of the poor. Among them is the Atal Pension Scheme, through which individuals can receive a monthly pension of five thousand rupees for life.

The Atal Pension Yojana requires a monthly premium. This depends on the age and the pension amount chosen. If a person chooses a ₹5,000 pension plan at age 18, they will need to pay a monthly premium of ₹210. If they choose this plan at age 30, they will need to deposit ₹577 per month.

The government scheme requires investing for at least 20 years. After this, upon reaching the age of 60, you will receive a monthly pension of ₹5,000. Only individuals up to 40 years of age can apply for this scheme.

PC: Jagran