Atal Pension Yojana: September 30 is the last date for depositing the outstanding installment, the penalty will have to be filled later
new Delhi. The Atal Pension Yojana (Atal Pension Yojana), run by the central government, is a better option to secure the future. Under this, you get a pension of 1000 to 5000 rupees every month when you are 60 years old. If you also invest in it, then check that you do not have to deposit any installment. Because the auto-debit facility in APY was discontinued by June 2020 due to the lockdown. However, it was restarted from 1 July. But during this time, if any of your installment is not accidentally cut, then you should submit it by 30 September. Otherwise you may have to fill penalty.
Those who make monthly, quarterly or half-yearly payments should check whether their payment has been made or not. For this, you remove APY transaction or a statement of registered bank account in it. This will tell how long the installment has been deposited and for which month. According to the circular of pension fund regulator PFRDA, the deposit of the installment after September 30 will be charged 1% interest from the subscriber.
How to check APY status
To check whether you have deposited the installment under the Atal Pension Yojana, you will have to check its status. For this, you visit https: // npslite nsdl.com/CRAlite/EPranAPYOnloadAction. Here you can download the APY statement. If you want, you can also see the statement from the APY mobile app.
What is Atal Pension Yojana
In this scheme you can get up to 5 thousand rupees every month in old age with an investment of 7 rupees daily. You will have to invest in this scheme for 20 years. Anyone can take advantage of the Atal Pension Yojana. For this, he should be between 18 and 40 years old. To join the scheme, it is necessary to have a savings bank account, Aadhaar and active mobile number. Under Atal Pension Yojana, you can invest monthly, quarterly or in a period of 6 months. In this, the money is automatically deducted on the date fixed by your account, so it is called auto debit.