New Delhi : Finance Minister Nirmala Sitharaman will present the budget for the financial year 2025-26 on February 1. The people of the entire country are eagerly waiting for this budget. It is expected that in this time's budget the government may make some big announcement regarding Atal Pension Yojana. With the aim of increasing social security, the government can double the amount of minimum pension given under this scheme. At present, under Atal Pension Yojana, you get minimum monthly pension of Rs 1000 to Rs 5000. However, the amount of your pension is decided based on how much you contribute.
According to sources, the government may approve the proposal to increase the pension under Atal Pension Yojana. The proposal to increase the minimum guarantee amount to Rs 10,000 is also in its final stages and it may be announced in this time's budget.
Let us inform you that Atal Pension Yojana i.e. APY is a pension scheme of the Central Government, whose aim is to provide financial assistance in old age to the poor and people working in the unorganized sector. In this scheme, started by the Pension Fund Regulatory and Development Authority in the year 2015-16, those who deposit money in this scheme get a monthly pension of Rs 1,000 to 5,000.
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The most important thing about this scheme
The most important thing about Atal Pension Yojana is that if the beneficiary dies, the nominee gets the entire amount. To open Atal Pension Yojana account, your age should be between 18 to 40 years. If you also want to apply for this scheme, then it is very important for you to have your own bank account. To avail the benefit of this scheme, you will have to fill the registration form in whichever bank you have a savings account or download it from the website. After this, one has to fill the information in the form and choose the pension option. Then the form has to be submitted along with Aadhar card and other necessary documents.
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