Is there any age limit to invest in Atal Pension Yojana?
Yes there is an age limit to invest in Atal Pension Scheme. Atal Pension Yojana (APY) is open to all bank account holders between 18 to 40 years of age. The subscribers of the scheme will be entitled to receive a fixed monthly pension between Rs. 1000 and Rs 5000 at the age of 60 years depending on their contributions.
yeah exactly there is age limit.
The minimum age to join the Atal Pension Yojana (APY) is 18 years and maximum age is 40 years. Therefore, minimum period of contribution by the subscriber under APY will be 20 years or more. Subscribers of APY will get a monthly pension after they reach the age of 60 years. For example, if someone joins at the age of 18 years and contributes Rs. 42 till he reaches the age of 60 years, they will get a monthly pension of Rs. 1,000.