The objective of Atal Pension Yojana is to bring every section under the purview of pension. Under the scheme, after making a fixed contribution to the account every month, after retirement, a monthly pension of Rs 1 thousand to Rs 5 thousand will be available. After investing only Rs 1239 in every 6 months, the government is giving a guarantee of pension of Rs 5000 per month i.e. Rs 60,000 annually after the age of 60.
According to the current rules, if at the age of 18 years, a maximum of Rs 5000 is added to the scheme for monthly pension, then you will have to pay Rs 210 every month i.e. 7 rupees per day. If the same money is given every three months, then Rs 626 will have to be given and Rs 1,239 will have to be given in six months. To get a pension of Rs 1,000 a month, if you invest at the age of 18, you will have to pay Rs 42 per month.
– You can choose from 3 types of plans for payment, Monthly investment, Quarterly investment or Half yearly investment.