Will there be a big announcement on Atal Pension Yojana in the budget? Now you will get this much pension instead of Rs 5 thousand

By News Update On Jan 22, 2025

-Finance Minister can make a big announcement regarding Atal Pension Scheme in the budget.

New Delhi. atal pension yojana: First date of February is very important for all Indians. Because, Finance Minister Nirmala Sitharaman will present the budget for the financial year 2025-26 on this day. Which has attracted the attention of the entire country. It is expected that the government can make a big announcement regarding Atal Pension Yojana in this year's budget.

To increase social security, the government can double the minimum pension amount available under this scheme. Currently the minimum monthly pension amount is Rs 1,000 to Rs 5,000. Actually, how much pension you will get depends on your contribution.

Government is planning to double the monthly pension

According to sources, the government may approve the proposal to increase the pension received under this scheme (atal pension yojana). The proposal to increase the minimum guarantee amount to Rs 10,000 is in the final stages and may be announced in the budget. The government has launched Atal Pension Yojana (APY) with the aim of providing financial security in old age to workers working in the unorganized sector. This scheme was launched by the Pension Fund Regulatory and Development Authority (PFRDA) in the year 2015-16. Those who deposit money in this scheme get a monthly pension of Rs 1,000 to Rs 5,000.

What is special about this offer?

The biggest feature of Atal Pension Yojana is that on the death of the beneficiary, the nominee gets the entire amount. To open an Atal Pension Yojana account, the age of the person should be between 18 to 40 years. If you want to apply for this scheme then you must have your own bank account.

To avail the scheme, obtain the registration form from the bank where you have your savings account or download it from the website. After this fill the details in the form and select the pension option. Then submit the form along with Aadhar Card and other required documents.