Atal Pension Yojana: For how long can investment be made in Atal Pension Yojana, know how many years the money starts coming!


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As you grow older, the mountain of financial challenges you face also increases. There comes an age when you don't get a job and you are no longer physically fit to work. In such a situation, it becomes necessary to have a source of income to lead a comfortable life. This is especially important for common people working in the private sector. Understanding this need, the government has launched the Atal Pension Yojana, which provides pension benefits after investment.

When can you apply?

There are some conditions for Atal Pension Yojana that you have to fulfil. The first condition is that your age should be between 18 to 40 years. This means that you can start investing in this scheme till the age of 40 years. After that pension starts at the age of 60 years. The pension amount can range from Rs 1,000 to Rs 5,000 depending on your investments and age. By contributing a minimum of Rs 42 per month, you can avail a pension of Rs 1,000.

Withdrawal Rules

Now the second question is whether you can withdraw your money from this scheme before the age of 60 years. If you want to exit the scheme before the age of 60 years, only the amount you have deposited will be returned to you; You will not get any government benefit. In case of death, the spouse or nominee will receive the benefits of the plan. At present lakhs of people are investing in this scheme and they will start getting pensions as soon as they turn 60 years of age.