If you do not do good financial planning for your life after retirement, then in this situation, after the age of 60, many types of problems can trouble you at the financial level. Due to this, many people start saving some money from their income while working and deposit it in the bank. It is worth noting that in today's time, seeing the speed of inflation increasing rapidly, you should invest your savings in a good place. If you are worried about your future, then you can invest your savings in Atal Pension Yojana. Atal Pension Yojana is a great scheme run by the Government of India. The objective of this scheme is to secure the person's life after retirement at the financial level.
Individuals between the ages of 18 to 40 years can apply and start investing in the Atal Pension Yojana. The investment amount is decided based on the age at which you apply.
If you apply for this scheme at the age of 18, then you have to invest Rs 210 every month in this scheme. You have to make this investment till you reach the age of 60. After the age of 60, you get a pension of Rs 5,000 every month under the Atal Pension Scheme.
How to open an account in Atal Pension Yojana
The process of opening an account in Atal Pension Yojana is quite easy. You will not have to face any kind of problems with this. To open an account in the scheme, you have to go to your nearest bank branch. There you have to fill out the form available for the Atal Pension Yojana.
During this, you also have to attach all the necessary documents with the form. After doing all this, you have to deposit it in the bank. After checking the form and documents, the bank officer will open your account in Atal Pension Yojana.
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