Pradhan Mantri Shram Yogi Maandhan Yojana is a pension scheme designed for the unorganized sector. Under this scheme, workers are provided regular monthly pension after the age of 60 years. This scheme has been started to provide financial security to the working workers in old age. This scheme has been designed for workers in the unorganized sector such as rickshaw pullers, construction workers, domestic workers, handcart drivers, agricultural laborers etc.
Objective of the scheme
The objective of this scheme is to provide pension of up to Rs 3,000 per month to workers in the unorganized sector after the age of 60 years, so that the beneficiaries can live their life in old age and fulfill their financial needs through the amount received through this scheme. People can become self-reliant through this scheme. They will not have to beg in front of anyone for their basic needs even in old age.
PM Shram Yogi Mandhan Yojana Overviews
| Name of the scheme | Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM) |
| target group | Unorganized sector workers (e-Shram card holders) |
| Age Limit | 18 to 40 years |
| Monthly Pension Amount | ₹3000 per month after the age of 60 |
| Contribution (18 years) | ₹55 per month (government will also contribute the same amount) |
| Contribution (40 years) | ₹200 per month (government will also contribute the same amount) |
| Type of contribution | Deposits can be made on a monthly, quarterly, or yearly basis |
| Income Limit | Less than ₹15,000 per month |
| Eligibility | Employed in unorganized sector, not income tax payee, not a member of EPFO/NPS/ESIC |
| Registration Place | E-Mitra Center, Common Service Center (CSC), and Labor Department website |
| Documents for registration | Aadhaar Card, Bank Account Details, Mobile Number |
| Termination of the scheme | If a worker leaves the scheme midway, the contribution amount will be refunded to his account. |
| Commencement of benefits | On attaining the age of 60 years |
Who are the beneficiaries of the scheme
The benefits of this scheme can be availed by those who do temporary jobs, daily wage labour, set up a shop on the roadside, sell tea, drive a rickshaw, push a handcart, drive someone’s car or bus, small and marginal farmers, landless agricultural labourers, fishermen, cattle herders, etc. People falling in this category can take advantage of this scheme. Along with this, maids and sweepers working in houses will also come under this category. If the applicant has already applied in this scheme and due to any reason he dies, then 50% of the pension amount will be provided to his family.
Eligibility for the scheme
- The applicant for this scheme must be a resident of India.
- He should be a worker from the unorganised sector.
- Their monthly income should be 15 thousand or less.
- The age of the applicant should be between 18 to 40.
- The applicant should not be a member of EPFO/NPS/ESIC.
- The applicant should not be an income tax payer.
Necessary documents for the scheme
- Aadhar card
- Identification Card
- bank account passbook
- Labor Card
- Mobile Number
- Passport size photo
- PAN card
How to apply online for the scheme
- To apply for the Pradhan Mantri Shram Yogi Maandhan Yojana, you will have to visit the official website. After that, you will have to go to the home page.
- After going to the home page, you will find the Scheme tab and in this tab you will find the option of PM-SYM on which you will have to click.
- After this a new page will open in front of you.
- Here you have to click on the option of Self Enrollment. After that a pop-up will open in front of you.
- Here you have to enter your 10 digit mobile number and do OTP verification.
- After this its application form will open in front of you. You have to fill that form carefully.
- The documents required in this form have to be uploaded. After this, you have to pay the premium amount.
- Finally you have to click on the submit button, after which you will get the application slip which you have to download and print etc.
How to apply offline in the scheme
- To apply offline for this scheme, first of all you have to go to your nearest Public Service Center / CSC Center.
- After coming here, you will have to ask the director to apply for PM Shram Yogi Mandhan Yojana 2025.
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- All the required documents need to be self-attested and submitted.
- Lastly you have to pay them the premium amount after which they will process your application and provide you the application slip.
FAQs on the Scheme
Who is eligible for PM Shram Yogi Maandhan Yojana?
Pradhan Mantri Shram Yogi Maandhan is a voluntary and contributory pension scheme for unorganized sector workers, with entry age 18 to 40 years and monthly income Rs. 15,000 or less.
What is Rs 3000 Pension Scheme?
After attaining the age of 60 years, the beneficiaries are entitled to receive a minimum assured monthly pension of Rs 3,000/-. On the death of the beneficiary, the spouse is eligible for 50% of the monthly pension.
What happens after I leave the scheme?
If a member contributes for less than 10 years, his amount will be returned along with interest.
If he has contributed for more than 10 years, then benefits will be given as per the rules.