People whose income is not very high and who are not taxpayers can arrange for a pension of ₹5,000 per month after retirement by making a small investment in the Atal Pension Scheme. Know at what age investment can be started in it and how much premium will have to be paid at what age.

No matter how much retirement funds you have accumulated, regular income is very important in old age. With this amount, you can do all your important work. You do not have to depend on anyone else for small needs. Atal Pension Scheme is run by the government to arrange for regular income in old age. People whose income is not very high and who are not taxpayers can easily arrange for a pension of ₹5000 per month for themselves by making a very small investment in this scheme.

Premium is decided according to age.

How much you have to invest to get a pension of ₹5000 per month depends on your age. People from the age of 18 to 40 years can invest in this scheme. Investment has to be done till the age of 60. You start getting a pension after the age of 60. The younger you start investing, the smaller the premium you will have to pay. If you start investing in this scheme from the age of 18, then you will have to pay only Rs 210 as a premium.

How much premium will people of 18-30 years have to pay?

18 years old: Rs 210 per month up to 42 years
19 years old: Rs 228 per month up to 41 years
20 years old: Rs 248 per month up to 40 years
21 years old: Rs 269 per month up to 39 years
22 years old: Rs 292 per month up to 38 years
23 years old: Rs 318 per month up to 37 years
24 years old: Rs 346 per month up to 36 years
25 years old: Rs 376 per month up to 35 years
26 years old: Rs 409 per month up to 34 years
27 years old: Rs 446 per month up to 33 years
28 years old: Rs 485 per month up to 32 years
29 years old: Rs 529 per month up to 31 years
30 years old: Rs 577 per month up to 30 years

31 to 40 years old How much will you have to invest?

630 rupees per month at the age of 31 for 29 years
689 rupees per month at the age of 32 for 28 years
752 rupees per month at the age of 33 for 27 years
824 rupees per month at the age of 34 for 26 years
902 rupees per month at the age of 35 for 25 years
990 rupees per month at the age of 36 for 24 years
1087 rupees per month at the age of 37 for 23 years
1196 rupees per month at the age of 38 for 22 years
1318 rupees per month at the age of 39 for 21 years
1454 rupees per month at the age of 40 for 20 years

How to open an account

If you also want to apply under Atal Pension Yojana, then first open a savings account in a bank. If you already have a savings account in the bank, then you will have to get the application form of the scheme from there. Fill all the information like name, age, mobile number, bank account number etc. correctly in the form. Attach all the required documents. After this, submit the form in the bank. After this, all your documents will be verified and your account will be opened under Atal Pension Yojana.