Union Bank of India Atal Pension Yojana

The Union Bank of India Atal Pension Yojana is a scheme that enables individuals to get a guaranteed pension once they turn 60. The pension amount will be between Rs.1,000 and Rs.5,000. The applicant shouldn’t be a regular taxpayer.
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The Atal Pension Yojna is available for people in the age group of 18 – 40 years. In case the subscribers are not covered any of the social security schemes in the country and if they are not a tax payer, the government of India will act as a co-contributor and will contribute 50 percent of their annual contribution or INR 1,000 per annum, whichever is lower. If eligible, they can receive contribution from the government for a period of 5 years.

Features and Benefits of Union Bank of India Atal Pension Yojana

  • The Union Bank of India Atal Pension Yojana comes with guaranteed pension benefits for the subscribers.
  • The pension given each month depend on the contributions and will be in the range of INR 1,000 to INR 5,000.
  • You can open an account under this union bank of india Atal Pension Yojana scheme only with the bank with whom you maintain a savings account.
  • The amount to contribute will range from INR 42 to INR 1,454.

The tables below give you a description of how much you need to contribute and for how many years to enjoy pension of INR 1,000 to INR 5,000.

Age at which subscribers start contributing Number of years that they contribute Pension of INR 1,000 per month
18 years 42 years INR 42
19 years 41 years INR 46
20 years 40 years INR 50
21 years 39 years INR 54
22 years 38 years INR 59
23 years 37 years INR 64
24 years 36 years INR 70
25 years 35 years INR 76
26 years 34 years INR 82
27 years 33 years INR 90
28 years 32 years INR 97
29 years 31 years INR 106
30 years 30 years INR 116
31 years 29 years INR 126
32 years 28 years INR 138
33 years 27 years INR 151
34 years 26 years INR 165
35 years 25 years INR 181
36 years 24 years INR 198
37 years 23 years INR 218
38 years 22 years INR 240
39 years 21 years INR 264
40 years 20 years INR 291

Age at which subscribers start contributing Number of years that they contribute Pension of INR 2,000 per month
18 years 42 years INR 84
19 years 41 years INR 92
20 years 40 years INR 100
21 years 39 years INR 108
22 years 38 years INR 117
23 years 37 years INR 127
24 years 36 years INR 139
25 years 35 years INR 151
26 years 34 years INR 164
27 years 33 years INR 178
28 years 32 years INR 194
29 years 31 years INR 212
30 years 30 years INR 231
31 years 29 years INR 252
32 years 28 years INR 276
33 years 27 years INR 302
34 years 26 years INR 330
35 years 25 years INR 362
36 years 24 years INR 396
37 years 23 years INR 436
38 years 22 years INR 480
39 years 21 years INR 528
40 years 20 years INR 582

Age at which subscribers start contributing Number of years that they contribute Pension of INR 3,000 per month
18 years 42 years INR 126
19 years 41 years INR 138
20 years 40 years INR 150
21 years 39 years INR 162
22 years 38 years INR 177
23 years 37 years INR 192
24 years 36 years INR 208
25 years 35 years INR 226
26 years 34 years INR 246
27 years 33 years INR 268
28 years 32 years INR 292
29 years 31 years INR 318
30 years 30 years INR 347
31 years 29 years INR 379
32 years 28 years INR 414
33 years 27 years INR 453
34 years 26 years INR 495
35 years 25 years INR 543
36 years 24 years INR 594
37 years 23 years INR 654
38 years 22 years INR 720
39 years 21 years INR 792
40 years 20 years INR 873

Age at which subscribers start contributing Number of years that they contribute Pension of INR 4,000 per month
18 years 42 years INR 168
19 years 41 years INR 183
20 years 40 years INR 198
21 years 39 years INR 215
22 years 38 years INR 234
23 years 37 years INR 254
24 years 36 years INR 277
25 years 35 years INR 301
26 years 34 years INR 327
27 years 33 years INR 356
28 years 32 years INR 388
29 years 31 years INR 423
30 years 30 years INR 462
31 years 29 years INR 504
32 years 28 years INR 551
33 years 27 years INR 602
34 years 26 years INR 659
35 years 25 years INR 722
36 years 24 years INR 792
37 years 23 years INR 870
38 years 22 years INR 957
39 years 21 years INR 1,054
40 years 20 years INR 1,164

Age at which subscribers start contributing Number of years that they contribute Pension of INR 5,000 per month
18 years 42 years INR 210
19 years 41 years INR 228
20 years 40 years INR 248
21 years 39 years INR 269
22 years 38 years INR 292
23 years 37 years INR 318
24 years 36 years INR 346
25 years 35 years INR 376
26 years 34 years INR 409
27 years 33 years INR 446
28 years 32 years INR 485
29 years 31 years INR 529
30 years 30 years INR 577
31 years 29 years INR 630
32 years 28 years INR 689
33 years 27 years INR 752
34 years 26 years INR 824
35 years 25 years INR 902
36 years 24 years INR 990
37 years 23 years INR 1,087
38 years 22 years INR 1,196
39 years 21 years INR 1,318
40 years 20 years INR 1,454

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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