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HomeFinanceBenefits, eligibility criteria and step-by-step guide to contribute: Donate-a-Pension under PM-SYM

Benefits, eligibility criteria and step-by-step guide to contribute: Donate-a-Pension under PM-SYM

The minimum donation that can be made is Rs 660 and the greatest depends on Rs 2,400 relying upon the age of the recipient.

Donate-a -Pension is a drive under Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) Yojana that permits individuals to give the exceptional commitment of their nearby care staff. These individuals might incorporate your domestic workers, drivers, aides, caregivers, and so forth.

The plan holds importance as laborers in the chaotic area comprise around 93% of the absolute work force in the country. The plan will assist the business with getting the eventual fate of the ones who guarantee one’s everyday working.


Features of Donate-a -Pension Plan

  • The minimum donation that can be made is Rs 660 and the most extreme depends on Rs 2,400 relying upon the age of the recipient.
  • The individuals who need to give should give the base commitment of one year.

Benefits for supporters

  • Every supporter will be qualified for get an annuity of least Rs 3,000 every month once the individual in question achieves the age of 60 years.
  • Assuming the endorser dies the dust during the receipt of the annuity, the mate will be qualified for get half of the benefits got by the recipient.
  • In case an endorser passes on prior to achieving the age of 60 years, the life partner can join and proceed with the plan consequently by installment of standard commitment. The individual in question is permitted to leave the plan according to arrangements of exit and withdrawal.

Qualification Rules

  • The candidate ought to be an unorganised worker and should acquire not as much as Rs 15,000 month to month.
  • The age of the candidate ought to be between 18 to 40 years.
  • The person ought not be a pay citizen.
  • The candidate should not be covered under the New Annuity Plan (NPS), Employees State Insurance corporation (ESIC) plot for Employees Provident Fund Organisation.

Step by step process for add to Donate-a-Pension’ scheme:

  • Visit the authority site of Maandhan Annuity for example maandhan.in.
  • Click on the ‘Donate-a-Pension’ choice on the upper right-hand side.
  • Now you will have two choices – Self Login and SCS VLE. Below we have made sense of both process.

Self Login process:

  • Click on self-login choice.
  • Give your 10-digit mobile number.
  • Click on the continue choice.
  • Finish up the form by giving all subtleties.
  • Select the sum to give.
  • Click submit to give the sum.

Through CSC VLE:

  • Click on CSC VLE choice.
  • Login utilizing username and password.
  • Finish up the form by giving all subtleties.
  • Select the sum and make the payment.
  • Click on the submit choice.

Source

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