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Central government schemes | Central government scheme

Atal Pension Yojana

A fixed monthly pension of Rs 1,000 to 5,000 after age 60

Atal Pension Yojana is a pension scheme for workers in the unorganised sector. A person aged 18 to 40 with a bank account chooses a monthly pension of Rs 1,000 to Rs 5,000 and pays a monthly contribution, which depends on the chosen pension and the joining age, until age 60. The pension is then paid for life, and to the spouse and then the nominee afterwards. Enrol at your bank. Income-tax payers are not eligible under current rules.

Rules, amounts and dates can change. Confirm the details on the official portal or at your taluk office before you apply.

Key facts (useful for exams)

DepartmentCentral government schemes
Started2015
GroupSenior citizens and pensioners

Check official sources

Eligibility, amounts and how to apply change often. Confirm on the official portals or at your taluk office.

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