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Any Indian citizen between the age of 18 to 40 years can open Atal Pension Yojana. The scheme is administered by the Pension Fund Regulatory and Development Authority through NPS architecture. Under this scheme, there is guaranteed minimum pension for subscribers ranging between Rs. 1000 to Rs. 5000 per month.

Yes, a housewife can get a state pension by signing up for ‘Atal Pension Yojana’ which was launched by the government in 2015. The scheme can be availed by all citizens, including housewives between the age limit of 18 to 40. The subscriber should have a savings account which will be linked to the pension scheme. The premium can be paid from the savings account through an auto-debit facility or other payment methods.

There are no insurance benefits in the Atal Pension Yojana scheme. This scheme is for workers in the unorganized sector (maids, gardeners, drivers, etc). It helps workers to save money for their old age while they are working and guarantees returns for their retirement. The subscriber would have to make monthly contributions towards the scheme depending

Investing in the Atal Pension Yojana, a pension scheme that is aimed at the unorganized sector qualifies you for income tax benefits. So if you are contributing to the Atal Pension Yojana, you are eligible for the same income tax benefits as the National Pension System. Under Section 80CCD(1), investment in Atal Pension Yojana or National Pension System

In the Atal Pension Yojana scheme, once the subscriber dies, his/her spouse will receive the exact pension amount. After the death of the subscriber's spouse, the nominee of this account gets a corpus amount.

Atal Pension Yojana scheme is a pension scheme for people working in the unorganized sector. It is better to check the eligibility criteria before subscribing to the scheme

SBI Pension loan scheme helps you get funds for your child’s marriage, to buy your dream house, plan for a vacation and especially for medical emergencies. Eligibility of personal loans for central and state government pensioners, defence pensioners and family pensioners will each have it's own criteria.

A state government pensioner can borrow for a home loan but eligibility of the applicant will reduce. Most banks entertain loan applications only from pensioners who draw a pension from the same bank. Some banks allow to take home loans with them even though you are not drawing pension from the same bank.


Veterans who have served in the Indian Army are entitled to get pension for financial requirements after their services with the army ends. The Veterans Cell is a single window for the redressal of veterans’ issues, that include issues beyond the usual pension and welfare matters.

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