New Delhi, 20 May | Atal pension yojana increase: Atal pension scheme (APY) has made a strong means to provide financial security to millions of Indians after retirement. If you have chosen ₹ 2000 monthly pension under this scheme and now you want to increase it to ₹ 5000, then this is possible and this process is also very simple.
What is Atal Pension Yojana?
APY is a government pension scheme especially for the people of the unorganized sector. In this, you can get monthly pension from ₹ 1000 to ₹ 5000 after the age of 60 years (Atal Pension Yojana Increase). For this, you make monthly contribution according to your chosen pension amount.
How to increase pension amount ₹ 2000 ₹ 5000 from?
It is easy to increase your pension amount in APY as the scheme has been given the option to increase the pension amount in every financial year. For this, you have to contact your APY account in a bank or financial institution.
Will have to go to the bank and apply:
Go to your nearest bank branch and apply to increase the pension amount. The bank will determine the new monthly contribution based on your age and current contribution amount. For this, you may also have to fill a new auto debit form in the bank, so that your new monthly installment keeps cut from the bank account automatically.
After this process your monthly pension will increase to ₹ 5000, which will strengthen your financial condition after retirement. By taking advantage of this scheme, you can make the future of yourself and your family safe.
