Atal Pension Yojna: In the budget to be presented for the financial year 2025-26, Finance Minister Nirmala Sitharaman can make a big announcement regarding Atal Pension Yojana (APY). In this, the pension amount can be doubled.
Atal Pension Yojna: Finance Minister Nirmala Sitharaman is going to present the budget for the financial year 2025-26 on February 1, on which the eyes of the whole country are fixed. It is expected that in this budget, the government can make a big announcement regarding Atal Pension Yojana (APY).
With the aim of increasing social security, the government can double the amount of minimum pension available under the scheme. At present, the minimum monthly pension amount is Rs 1,000 to Rs 5,000. However, it depends on your contribution how much pension you will get.
Government’s plan to double monthly pension
According to sources, the government can approve the proposal to increase the pension available under the scheme. The proposal to increase the minimum guarantee amount to Rs 10,000 is in the final stage and it can be announced in the budget. Let us tell you that Atal Pension Yojana (APY) is a pension scheme of the government,
which aims to provide financial help to the poor and those working in the unorganized sector in old age. In this scheme started by the Pension Fund Regulatory and Development Authority (PFRDA) in the year 2015-16, those who deposit money get a monthly pension of Rs 1,000 to Rs 5,000.
This is the biggest feature of the scheme
The biggest feature of Atal Pension Yojana is that if the beneficiary dies, the nominee gets the entire money. To open an Atal Pension Yojana account, the age should be between 18 to 40 years.
If you want to apply for the scheme, you must have your own bank account. To avail the scheme, take the registration form from the bank in which you have a savings account or download it from the website. After this, fill the details in the form and choose the pension option. Then submit the form along with Aadhar card and other necessary documents.
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