If you have not done any planning for your retirement yet because you feel that you cannot pay hefty premiums, then Atal Pension Yojana (APY) is for you. This scheme by the government gives a guarantee of pension. You can choose the premium of the pension plan according to the age and pension amount. Till August 2021, 3.30 crore people have opened accounts in APY. With a monthly contribution of just Rs 248, a 20-year-old person can get a lifetime pension of Rs 5000 after he turns 60.
To understand the eligibility of Atal Pension Yojana, how do you enroll in it and how much you have to contribute, watch the full video…
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