Atalpensionyojana.co.in Website Review

The interim budget has brought many good news for the mas*es and for people who belong to the weaker sections of the society along with those who actually need welfare schemes.  One such welfare scheme started by the current government is Atal Pension Yojana. Atal Pension Yojana is great news for those who are working in unorganized sector and are not covered under any pension scheme.  This way, they would enjoy pension facilities in the times of old age by paying a very low premium. Those who are working in small scale industries mostly work on daily wages and thus are not able to save for their future.  The union government started Jan Dhan Yojana scheme which promised a bank account for every Indian.  That was followed by Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana that promised an insurance cover and pension scheme to needy people respectively. Atal Pension Yojana was launched by the Finance Minister and would come in to effect as on 01st June 2015.  It would carry forward the Atal Pension Yojana is a scheme started and governed under the PFRDA (Pension Fund Regulatory and Development Authority) and every enrollment agency that is registered with the authority would carry out the Atal Pension Scheme. Any Indian national between the age group of 18 years to 40 years is eligible to join Atal Pension Yojana.  Since, pension starts from the age of 60 years, the minimum contribution that anyone has to do is at least 20 years. The individual should have an active saving bank account and should not be a member of any other statutory social security scheme. Read It is mandatory for all subscribers to have a saving bank account in order to contribute to their pension scheme.  The monthly premium for their pension scheme would be auto-debited from their saving bank account. As per Atal Pension Yojana, anyone who joins the scheme between the age group of 18 to 40 years is entitled for a pension of Rs 1,000 to The scheme is best suited for those working as workers in unorganized sector and not availing any other social security scheme.  Thus, they