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PM Shram Yojana: Workers Can Get Rs 36,000 Annually by Depositing Rs 55

Pradhan Mantri Shram Yogi Maandhan Yojana is a very beneficial scheme for the workers of the unorganized sector. Under this scheme, street vendors, rickshaw pullers, construction workers, and people associated with the unorganized sector will get help to secure old age. The government guarantees pension to the workers & you can get a pension of Rs 36,000 annually by saving just Rs 2 per day.

Updated on: 30 September, 2021 12:58 PM IST By: M Kanika
PM Shram Yojana For Workers

Pradhan Mantri Shramyogi Maandhan Yojana is a very beneficial scheme for the workers of the unorganized sector. Under this scheme, street vendors, rickshaw pullers, construction workers, and people associated with the unorganized sector will get help to secure old age. The government guarantees pension to the workers & you can get a pension of Rs 36,000 annually by saving just Rs 2 per day. 

Deposit Rs 55 per month

  • While starting this scheme, you will have to deposit Rs 55 every month. By saving Rs 2 a day at the age of 18 years, you can get a pension of Rs 36,000 annually.

  • If a person starts this scheme at the age of 40 years, then he will have to deposit Rs 200 every month.

  • The worker will start getting a pension after the age of 60 years and after 60 years, the worker will get an annual pension of Rs 3000 per month i.e. Rs 36000.

  • You must have a Savings Bank Account & Aadhar card. The age of the person should not be less than 18 years & not more than 40 years.

Where to Register for PM Shram Yojana

You have to register in the Common Service Center (CSC) for this scheme. The government has created a web portal so that the workers can register themselves on the portal at the CSC center & through these centers all the information will directly reach the Government of India. 

For Registration Process

You will need Aadhar Card, Savings or Jan Dhan Bank Account Passbook, Mobile Number. Not only this, the consent letter will have to be given which will also have to be given in the bank branch where the employee will have a bank account so that the money can be deducted from his bank account for timely pension.

Who Can Avail Benefit of Scheme?

Under the Pradhan Mantri Shramyogi Maandhan Pension Scheme, an employee from an unorganized sector, whose age is less than 40 years & is not taking the benefit of any government scheme, can take advantage. The monthly income of the person, who is applying for this scheme, should be less than Rs. 15,000. 

You Can Get Information from Toll-Free Number

The office for Labor Department, LIC & EPFO ​​has been made Shramik Facilitation Center by the government. Workers can get all the information about the scheme from here. The government has issued a toll-free number for this scheme. You can also get information about this scheme by calling on this number: 18002676888. 

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