How to get a monthly pension of Rs.5000 and Rs.8.50 lakh? ( All Indian Citizens )

If you join the Atal Pension Scheme (APY) guaranteed by the Government of India, you can get a monthly pension of Rs.5000 and Rs.8.50 lakhs.

For example, if you are 18 years old and can pay Rs.1239 / – every six months for a period of 42 years (up to 60 years), you would have paid Rs.1,05,840 / -.

As another example, if you are 30 years old and can pay Rs.3405 / – every six months for a period of 30 years (up to 60 years), you will get Rs. 2,07,720 / -.

As another example, if you are 39 years old and can pay Rs. 3,11,120 / -.

Once you apply, you will receive a pension card from the Government of India.

Every month you earn Rs. You will get a pension of Rs. 5,000 / -.

After you, your spouse has to pay Rs. 5,000 / – monthly pension.

Rs. 8.50 lakh, will be available to your nominee – daughter or son after your term.

TO JOIN THIS PROGRAM:
  1.      Your age should not exceed 39.
  2.      You must have a bank account.
  3.      You must have an Aadhar card. And very good if you have a ban card.
  4.     The subscriber can apply for the APY through a bank branch / post office (via open online / offline methods).
  5.     It is mandatory to provide the details of the appointee and the Department of Housing in the APY account.
  6.     Payments can be made on a monthly or quarterly or half yearly basis through the Advata Databit facility from the holder’s bank account.

If you do not have a bank account, you can do it from home from the time you start your bank account until you join this pension scheme. You can get your permanent pension card in just two days.

For more details you can contact WhatsApp on +91 9940203038

IF YOU PAY MONTHLY – HOW MUCH DO YOU PAY
Age Years to be paid Amount to be paid monthly Total amount paid in case of Monthly
18 42 210 1,05,840
19 41 228 1,12,176
20 40 248 1,19,040
21 39 269 1,25,892
22 38 292 1,33,152
23 37 318 1,41,192
24 36 346 1,49,472
25 35 376 1,57,920
26 34 409 1,66,872
27 33 446 1,76,616
28 32 485 1,86,240
29 31 529 1,96,788
30 30 577 2,07,720
31 29 630 2,19,240
32 28 689 2,31,504
33 27 752 2,43,648
34 26 824 2,57,088
35 25 902 2,70,600
36 24 990 2,85,120
37 23 1,087 3,00,012
38 22 1,196 3,15,744
39 21 1,318 3,32,136
IF YOU PAY QUARTERLY – HOW MUCH DO YOU HAVE TO PAY?
Age Years to be paid Quarterly amount to be paid Total amount paid in case of Quaterly
18 42 626 1,05,168
19 41 679 1,11,356
20 40 739 1,18,240
21 39 802 1,25,112
22 38 870 1,32,240
23 37 948 1,40,304
24 36 1,031 1,48,464
25 35 1,121 1,56,940
26 34 1,219 1,65,784
27 33 1,329 1,75,428
28 32 1,445 1,84,960
29 31 1,577 1,95,548
30 30 1,720 2,06,400
31 29 1,878 2,17,848
32 28 2,053 2,29,936
33 27 2,241 2,42,028
34 26 2,456 2,55,424
35 25 2,688 2,68,800
36 24 2,950 2,83,200
37 23 3,239 2,97,988
38 22 3,564 3,13,632
39 21 3,928 3,29,952
IF YOU PAY HALF YEARLY RATE – HOW MUCH DO YOU HAVE TO PAY
Age Years to be paid Amount payable Half Yearly Total amount paid in case of Half Yearly
18 42 1,239 1,04,076
19 41 1,346 1,10,372
20 40 1,464 1,17,120
21 39 1,588 1,23,864
22 38 1,723 1,30,948
23 37 1,877 1,38,898
24 36 2,042 1,47,024
25 35 2,219 1,55,330
26 34 2,414 1,64,152
27 33 2,632 1,73,712
28 32 2,862 1,83,168
29 31 3,122 1,93,564
30 30 3,405 2,04,300
31 29 3,718 2,15,644
32 28 4,066 2,27,696
33 27 4,438 2,39,652
34 26 4,863 2,52,876
35 25 5,323 2,66,150
36 24 5,843 2,80,464
37 23 6,415 2,95,090
38 22 7,058 3,10,552
39 21 7,778 3,26,676
FREQUENTLY ASKED QUESTIONS (FAQ)

1. What is a pension? Why do I need it?

A pension provides monthly income to people in non-productive years. Retirement requirement:

  • The ability to earn income decreases with age.
  • The rise of the nuclear family
  • Migration of earning members. Rising cost of living.
  • Lifespan increased.
  • Decent living in old age due to low financial dependence.
2. If I have completed 40 years, can I join Atal Pension Yojana?

No, at present a person between the ages of 18 and 39 who is 364 days old can join the Atal pension scheme.

What do you get if you die 60 years ago?

  • Option 1:   If the subscriber dies before the age of 60, the subscriber’s spouse will have the option to continue contributing to the APY account.It may be maintained in the wife’s name for the remainder of the
    term, until the original subscriber reaches 60 years of age.

    Until the death of the spouse, the spouse is
    entitled to receive the same pension as the spouse  . 

    Option 2: The corpus amount accumulated till date under APY will be given to the husband or nominee.

What are the benefits under the APY scheme when leaving at the age of 60?

When a subscriber reaches the age of 60, he / she will get the following three benefits:

  1. Guaranteed Minimum Pension: The minimum pension guaranteed by the Government of India under APY is Rs. Until the age of 5, after the age of 60 until death.
  2.  Minimum Pension Guarantee for Spouse: After the demise of the subscriber, the subscriber is entitled to receive the subsistence pension of the spouse till the death of the subscriber.
  3. Return of pension wealth to the subscriber’s recommendation: After the demise of both the subscriber and the spouse, the subscriber’s candidate will be entitled to the pension wealth, which is accumulated till the age of 60 of the subscriber.
What are the benefits of joining the APY program?

The benefit of the minimum pension under the Atal pension scheme is guaranteed by the government, i.e. if the actual perceived income of the pension contributions is less than the income for the minimum guaranteed pension, the government will fund such deficit during the contribution period. On the other hand, if the actual income of the pension contributions exceeds the income for the minimum guaranteed pension, such advanced plan benefits will be provided to the subscribers during the contribution period.

Go to www.npscra.nsdl.co.in >> Home >> Atal pension Yojana >> APY e-PRAN / Transaction statement view and view the transaction statement and PRAN card anytime, anywhere for free.

After joining the Atal Pension Yojana, a hard copy of the transaction report will be sent to the registered address once a year, i.e. to the address provided by the subscriber when registering for the Atal Pension Yojana.

RELATED REFERENCE DOCUMENTS AND LINKS

Tamil APY Subscriber Information Brochure

APY Scheme Details

APY FAQs Hindi and English as on 07-09-2020

APY Subscribers Contribution Chart1

NPS NSDL Website: Atal Pension Yojana (APY) Scheme Details

NPS TRUST APY PENSION CALCULATOR