In this article, we aim to provide crucial information about a special scheme launched by the Government of India for workers in the unorganized sector, known as the PM Shram Yogi Mandhan Yojana. Under this scheme, workers aged between 18 and 40 years with a monthly income of less than ₹15,000 are eligible.
This is a contributory pension scheme, where beneficiaries are required to contribute a fixed amount each month based on their age. The unique aspect of this scheme is that the Central Government matches the worker’s contribution by depositing an equal amount in their account. Upon reaching the age of 60, workers will receive a monthly pension of ₹3,000.
In this article, we are going to cover up what is PM Shram Yogi Mandhan Yojana, what should be eligibility criteria to get this benefits and how you can apply for it from your home, so if you are excited to know about it in more detailed way, then read this article till end, without further any delay, let’s get started!
PM Shram Yogi Mandhan Yojana
The Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM) is a voluntary and contributory pension scheme launched by the Government of India for workers in the unorganized sector. Its primary aim is to provide old-age security to these workers.
PM Shram Yogi Mandhan Yojana Benefits
According to the scheme, once a worker reaches the age of 60, a monthly pension of ₹3,000 will be directly transferred to their account through DBT (Direct Benefit Transfer). In the event of the beneficiary’s death, their spouse will receive 50% of the pension amount.
PM Shram Yogi Mandhan Yojana : Overview
Here we are going to give you complete overview regarding this scheme in a tabular form so that you can know about it in a very short period of time:
| Post Name | PM Shram Yogi Mandhan Yojana |
|---|---|
| Post Category | Government Scheme |
| Objective | Provide old age protection to unorganized workers |
| Target Group | Unorganized workers (home-based workers, street vendors, etc.) |
| Pension Amount | Minimum assured pension of ₹3,000 per month after 60 years |
| Family Pension | 50% of the pension to spouse in case of subscriber’s death |
| Apply Mode | Online |
| Through | Central Government |
| Enrollment Status | Over 46 lakh unorganized workers enrolled |
| Official Website | https://maandhan.in/ |
| Join Our Official | Telegram Group |
PM Shram Yogi Mandhan Yojana Launch Date
As we know according to this scheme home-based workers, street vendors are eligible to get ₹3,000 per month as the pension after attaining the age of 60 years. This scheme was launches on 22 February 2019.
PM Shram Yogi Mandhan Yojana Eligibility
Here we are going to tell you who are eligible to get these benefit, basically this scheme is designed for workers in the unorganized sector, such as:
This scheme is specifically designed for workers in the unorganized sector, such as:
| Worker Categories | Worker Categories |
|---|---|
| Street Vendors | Mid-Day Meal Workers |
| Load Carriers | Brick Kiln Laborers |
| Cobblers | Rag Pickers |
| Domestic Workers | Washermen |
| Rickshaw Pullers | Landless Laborers |
| Agricultural Workers | Beedi Workers |
| Handloom and Leather Industry Workers | Workers in the Audio-Visual Sector |
PM Shram Yogi Mandhan Yojana Not Eligibility
Applicants with a monthly income exceeding ₹15,000, those already registered under Employees’ Provident Fund Organization (EPFO), Employees’ State Insurance Corporation (ESIC), or National Pension Scheme (NPS), and workers below 18 years or above 60 years of age are not eligible for this scheme.
Note: This scheme is voluntary and applies only to eligible individuals. Its primary goal is to provide financial security to workers in the unorganized sector.
PM Shram Yogi Mandhan Yojana Contribution Criteria
In the PM Shram Yogi Mandhan Yojana, workers are required to contribute a monthly amount based on their age. The Central Government matches this contribution by depositing an equal amount. Below is the contribution information for different age groups:
| Age | Member’s Monthly Contribution | Central Government’s Contribution | Total Contribution |
|---|---|---|---|
| 18 years | ₹55 | ₹55 | ₹110 |
| 19 years | ₹58 | ₹58 | ₹116 |
| 20 years | ₹61 | ₹61 | ₹122 |
| 21 years | ₹64 | ₹64 | ₹128 |
| 22 years | ₹68 | ₹68 | ₹136 |
| 23 years | ₹72 | ₹72 | ₹144 |
| 24 years | ₹76 | ₹76 | ₹152 |
| 25 years | ₹80 | ₹80 | ₹160 |
| 26 years | ₹85 | ₹85 | ₹170 |
| 27 years | ₹90 | ₹90 | ₹180 |
| 28 years | ₹95 | ₹95 | ₹190 |
| 29 years | ₹100 | ₹100 | ₹200 |
| 30 years | ₹105 | ₹105 | ₹210 |
| 31 years | ₹110 | ₹110 | ₹220 |
| 32 years | ₹120 | ₹120 | ₹240 |
| 33 years | ₹130 | ₹130 | ₹260 |
| 34 years | ₹140 | ₹140 | ₹280 |
| 35 years | ₹150 | ₹150 | ₹300 |
| 36 years | ₹160 | ₹160 | ₹320 |
| 37 years | ₹170 | ₹170 | ₹340 |
| 38 years | ₹180 | ₹180 | ₹360 |
| 39 years | ₹190 | ₹190 | ₹380 |
| 40 years | ₹200 | ₹200 | ₹400 |
PM Shram Yogi Mandhan Yojana Apply Process
If you want to register for the PM Shram Yogi Mandhan Yojana, then you will have to follow these below given simple steps:
New Registration
- First of all you will have to the official website.
- Then go to the Service Section and select the New Enrollment option.
- After that you have to click on Self Enrollment.
- Then enter your mobile number and click Proceed.
- After that you have to enter the OTP received and move to the next step.
- In the Service Section, select Enrollment and choose PM Shram Yogi Mandhan Yojana as the scheme.
- If you have an e-Shram card, click Yes.
After doing new registration, you will have to fill up your personal details such as:
Fill Personal Details
✅First of all, you have to enter your e-Shram card number or UAN number.
✅Then provide your date of birth and Aadhaar number for verification.
✅Here you will see your name and gender will be automatically fetched from Aadhaar.
✅After that you will have to enter your email ID and mobile number.
After completing the personal details, you will have to fill up your address details such as:
Fill Address Details
➡️Here you have to select your state, district, and pin code.
➡️If you are from a northeastern state, choose Yes or No accordingly.
Provide Additional Information
✅After that you will see your occupation category will be automatically selected.
✅Indicate Yes or No if you are enrolled in other pension schemes (NPS, ESIC, EPFO) or if you are an income taxpayer.
✅Then you have to accept all terms and conditions and click Submit.
After filling additional information, you will have to provide bank and nominee information such as:
Bank and Nominee Information
➡️Here you will see your bank details will be automatically fetched.
➡️After that you have to enter the IFSC code, bank account number, and account type.
➡️Then provide the nominee’s name, date of birth, and relationship.
Upload Form and Make Payment
- After that you have to upload the form with a digital signature.
- Then pay the first installment online.
- You can use credit card, debit card, net banking, or UPI for payment.
Download the Scheme Card
After successful payment, your PM Shram Yogi Mandhan Yojana Card will be automatically generated, you can easily download it for further preferences.
PM Shram Yogi Mandhan Yojana Balance Check
If you want to check your PM Shram Mandhan Yojana Balance then you will have to follow these simple steps:
✅First of all you have to login to the UMANG website with your registered mobile number.
✅After logging in, you can check your PM-SYM account balance and current transactions.
Wrapping Up
In this article I have given you complete information about what PM Shram Yogi Mandhan Yojana is, how it works. During the session we have also told you about its benefits, eligibility criteria and also told you, how you can apply online from home to avail its benefits.
I have tried my best to give you complete A to Z information about PM Shram Yogi Mandhan Yojana in this article, but still if any information is missing or if you have any questions related to your article then you can tell me in the comment box. I will quickly try to answer your questions.
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