New Delhi. The Central Government's National Pension Scheme for Traders is being run with the aim of providing future economic security to small shopkeepers, retail traders and self-employed people. Under the scheme, eligible businessmen can get a pension of up to Rs 3,000 every month after the age of 60 by making regular contributions.
Who can take advantage of the scheme?
The age of the person applying for this scheme should be between 18 to 40 years. The applicant should not be an income tax payer and should not be availing the benefits of any other social security scheme. Apart from this, the annual turnover of the businessman must be within the prescribed limit.
Contribution will have to be given according to age
The monthly contribution in the scheme is decided based on the age of the applicant. An eligible businessman may have to contribute approximately Rs 55 to Rs 200 per month. Every month's amount can be deposited automatically by taking auto-debit facility from the bank account.
Online and Offline Application
The offline process can be completed by visiting the nearest Public Service Center (CSC) for application. Self enrollment option is available on maandhan.in portal for online application. After verification through the mobile number linked to Aadhaar, Aadhaar, bank account and other necessary information has to be filled.
According to the scheme, on the death of the beneficiary, there is a provision for his/her spouse to get 50 percent of the fixed pension. Before applying, please check the official information about eligibility and rules.