New Delhi: Atal Pension Yojana was launched by the Central Government in the year 2015. It is a social security scheme. Accident insurance is also 2 lakh rupees under this scheme. The maximum age for this is 65 years. If you pay 269 rupees every month in this scheme, then you can get 5 thousand rupees per month as pension. 

Suppose if a person invests from the age of 21 years. He deposits 269 rupees per month in this scheme. In three months, he fills around 802 rupees. 1588 in three months and he pays an annual premium of Rs. 3176. If he does this for 39 years, then he starts getting a pension of 5 thousand rupees every month.

In addition, if the investee dies, his wife will get a pension and if the wife also dies, there is a provision for pension to his children. Under Section 80D of Income Tax, the person also gets benefit on this amount. Only one account can be opened in the name of a member.

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