Pension Scheme for Married Couple: Get Rs.10000 Monthly Along With Other Benefits
Pension Scheme for Married Couple: Get Rs.10000 Monthly Along With Other Benefits.
Atal Pension Yojana: Everyone is worried about old age. If you are also planning to invest in a safe place to keep your retirement secure, then you can invest money in the government’s Atal Pension Yojana (APY). Under this scheme, husband and wife can get a monthly pension of Rs 10,000 through separate accounts.
Who is eligible to invest in Atal Pension Yojana?
Atal Pension Yojana was launched in the year 2015. At that time, it was started for the people working in the unorganized sectors, but now any Indian citizen of 18 to 40 years of age can avail pension by investing in this scheme. Those who have an account in a bank or post office can easily invest in it. In this scheme, the depositors start getting pensions after 60 years.
Atal Pension Yojana Benefits
Depending on the investments, investors can get a monthly pension of Rs.1000, Rs.2000, Rs.3000, Rs.4000, or a maximum of Rs.5000. Aadhar card number and a cellphone number is must for investing in the Atal Pension Yojana.
The sooner an investor invests in this scheme, the more benefits he or she will obtain. If a person joins the Atal Pension Yojana at the age of 18, he or she will have to deposit just Rs.210 per month for a monthly pension of Rs.5000 beyond the age of 60.
How to get pension of Rs.10000?
Spouses under the age of 30 can open two separate Atal Pension Yojana accounts in order to get a total monthly pension of Rs.10000 after 60 years. To reap the rewards, they all must invest Rs.577 in their respective accounts.
Similarly, if the husband and wife are 35 years old, they will have to deposit Rs.902 per month in the APY accounts to receive a monthly pension of Rs.10000.
Furthermore, investments in the Atal Pension Yojana can help investors qualify for tax benefits of up to Rs.1.5 lakh under Section 80C of the Income Tax Act.