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Sunday, 18 July 2021

More than 76 lakh people joined the National Pension System in the last one year, the number of subscribers increased to 4.35 crore.

 More than 76 lakh people joined the National Pension System in the last one year, the number of subscribers increased to 4.35 crore.

More than 76 lakh people joined the National Pension System in the last one year, the number of subscribers increased to 4.35 crore.


The Pension Fund Regulatory and Development Authority (PFRDA) has released data on the Atal Pension Scheme (APY) and the National Pension System (NPS). Under this, the number of subscribers to these schemes has increased by 24% in the last 1 year (till June 30, 2021). With this, the number of subscribers in various schemes under the National Pension System (NPS) has increased to 4.35 crore. The number of subscribers connected to both the schemes during the same period a year ago was 3.59 crore.


Assets under management also rose 33%

According to the PFRDA, the total pension assets under management (AUM) as on June 30, 2021 is Rs 6.17 lakh crore, an increase of 32.67% year-on-year. The number of shareholders under the Atal Pension Scheme has increased by 33.95% to 2.88 crore as on June 30.


In Atal Pension Scheme, one gets a pension of Rs. 5,000

Under the Atal Pension Scheme, a person gets a pension of Rs.1000 to Rs.5000 per month on reaching 60 years of age. A person can invest in it from 18 to 40 years. If a person takes this scheme, he has to invest for at least 20 years.

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To join the scheme, you need to have a savings bank account, Aadhaar and an active mobile number. To get a pension of Rs 1 to 5 thousand per month, the subscriber has to pay Rs 42 to Rs 210 per month.


NPS is a good option

Anyone between the ages of 18 and 60 can join the National Pension Scheme (NPS). Anyone can contribute regularly to the pension account during his working life. He can withdraw a portion of the money collected at once and use the remaining amount to earn a regular income after retirement.

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