Scheme for seniors: These schemes are the support of old age, click here to check the complete list

Many people start planning their retirement plans while working. That is, they plan to invest to secure their old age and to improve it. So that they do not have to depend on others in their old age. Because nowadays we cannot depend on anyone.

That is why it is better to make yourself capable of this and do not need others. People invest in many such schemes. Which becomes their support in old age. Let us tell you about three such schemes which will help you in old age and will become your support.

Atal Pension Scheme
Atal Pension Scheme of the Government of India can prove to be an excellent option to arrange for a pension. Many Indians have invested in the Atal Pension Scheme started in the year 2015. In this scheme, you have to pay a premium every month. Which you have to pay till the age of 60 years. After investing in this scheme, a pension ranging from Rs 1000 to Rs 5000 is given.

People from 18 to 40 years can invest in this scheme. The amount of your pension is decided according to the amount of investment. It is necessary to invest in the scheme for at least 20 years. Please note that no income taxpayer can invest in this scheme.

National Pension System

The National Pension System is an excellent option to get a pension in old age. Any Indian from 18 to 60 years old can apply for this scheme. To get a pension, you have to invest in the scheme for 60 years. But if you need an emergency fund before retirement.

Then you can withdraw up to 60% of the amount deposited from it. The remaining 40% is used as annuity. And pension is given on this basis. That is, the higher your annuity, the higher the pension you get.

Post Office Monthly Income Scheme
Post Office Monthly Income Scheme can also be very useful for you. In this scheme, you are given a good amount of interest. Anyone can open a single account in any scheme and deposit up to Rs 9 lakh annually. On the other hand, by opening a joint account in this scheme, up to Rs 15 lakh can be deposited.

In this scheme, you are given an interest of 7.4 percent. According to this, if you open a joint account, then you can get up to Rs 9,250 every month. Which you can use as a pension.

(PC: Freepik)