By Admin 
If you are looking for a safe investment for your life partner, so that they can get fixed income every month in future, then a scheme of the Central Government can be a good option for this. By adding name in this scheme, your life partner can get a guaranteed pension of Rs 1000 to Rs 5000 every month after retirement. The government is running this scheme under social security, so that people working in the unorganized sector get financial security in old age. In such a situation, let us now tell you about this scheme in which by adding the name of your life partner, you will get an income of Rs 5000 every month.
Atal Pension Yojana
You can add your life partner’s name in the Atal Pension Scheme run by the Central Government. Atal Pension Yojana was started in the year 2015. The objective of this scheme is to give a fixed pension every month after the age of 60 years to those who do not have any regular pension facility. This scheme is operated by the Pension Fund Regulatory and Development Authority. This scheme run by the Central Government is a guaranteed pension scheme, which means that with this scheme the government itself guarantees the fixed pension.
How much will have to be invested to earn Rs 5000?
Investment in Atal Pension Yojana depends on your age. According to this scheme, the younger you join the scheme, the less amount you will have to deposit every month. If you are 18 years old then you will have to deposit Rs 210 every month in this scheme. Whereas if someone’s age is 25 years, then he will have to pay Rs 376 every month in this scheme. At the age of 30 years, you will have to pay Rs 577 every month in this scheme and if your age is 40 years, then you will have to deposit approximately Rs 1454 every month in this scheme. In return for these investments, you start getting a pension of Rs 5000 per month after completing 60 years of age.
Who can invest in Atal Pension Yojana?
People between 18 to 40 years of age can join Atal Pension Yojana. Those who pay taxes cannot participate in this scheme. This scheme is especially for those who work in the unorganized sector or who do not have any kind of pension facility. Under this scheme, if an investor dies, the pension amount goes to his life partner. Whereas if both die, the entire investment is returned to the nominee.
How to add life partner’s name in Atal Pension Yojana?
offline application
- To add the name of life partner in Atal Pension Yojana, go to your bank or post office branch and fill the Atal Pension Yojana form.
- After this, fill the name of life partner and details of nominee in the form.
- Now submit the necessary documents like Aadhar card, address proof and bank account details.
- After this select the pension plan of your choice.
- After this process is completed, the bank will process your application and the fixed amount will be auto debited from your account every month.
online application
- To apply for this scheme online, first login to your bank’s net banking or mobile banking.
- After this go to Social Security Scheme or APY section.
- Now fill the form and select pension option and submit.
- In this way, after completing the application through online medium, the pension amount will be auto debited from your account every month.
Also read- There will be no need to visit government offices in Delhi, now these tasks will be done on WhatsApp