Samajwadi Pension Yojana

Samajwadi Pension Yojana was introduced by the Government of Uttar Pradesh to decrease the effects of poverty in the state. With this scheme, the government is providing assistance to the people who are below the poverty line.
The Samajwadi Pension Yojana scheme is introduced with the aim to encourage the people suffering from poverty and lend a hand to save money for their future. Over 40 lakh people in the Uttar Pradesh state are benefited from this plan. This scheme was launched in the year of 2014 to uplift the lives of people living under the poverty line.

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Eligibility Criteria of Samajwadi Pension Yojana

To apply for the advantages of the Samajwadi Pension Yojana scheme, the applicant has to satisfy some of the government's guidelines. Here are the criteria that the applicant needs to fulfil:

  • As the scheme is introduced mainly for the people suffering from poverty, the applicant's family need to lie under the poverty line.
  • The family should reside in the state of Uttar Pradesh.
  • The applicant's family needs to have valid proof that the family is residing in Uttar Pradesh.
  • The beneficiary of this scheme is asked to have a bank account with the State Bank of India or any nationalized banks.
  • The family members of the applicant should not be enrolled on any other welfare schemes provided by the government.
  • Government employees are not eligible to apply for this scheme.
  • The family should not own any motor vehicle and land accounting to 0.5 hectares.
  • The above mentioned are the basic criteria that the applicant needs to fulfil. In addition to that, there are several added conditions that the family needs to meet in order to apply for the scheme of Samajwadi Pension Yojana,
  • If a family claiming for the pension amount under this scheme has any children between the ages of 6 to 14, they have to be enrolled in any government schools. Only then the family will be eligible to apply for the scheme.
  • The children enrolled in the schools should maintain the minimum attendance rate of 70% every month. The attendance of the child will be monitored on a daily basis.
  • The beneficiaries who receive their monthly pension amount should get themselves enrolled at the mission of Rashtriya Saksharta. The illiterate persons in the scheme should get educated.
  • The children under the age of 5 years in the applicant's family have to be vaccinated periodically at the nearby government hospitals.
  • The children studying in the government schools need to take part in the medical tests conducted in the school every six months.
  • Pregnant ladies in the family need to be admitted to the government hospital for delivery. The childbirth should be in the government hospital.

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Features of Samajwadi Pension Yojana

The scheme of the Samajwadi Pension Yojana has many features that help for the betterment of the poverty-stricken people. Here are some of its features:

  • This plan aims to provide a helping hand to the people who live below the line of poverty.
  • This scheme covers every district of the state of Uttar Pradesh and provides financial assistance to at least one of the three families below the poverty line.
  • Using this scheme, the government of Uttar Pradesh tries to educate all the children within 14 years. This condition is made as the eligibility criteria to promote the children's education, which will be useful for their future.
  • With the Samajwadi Pension list's help, the government ensures that all the children under the poverty line have been vaccinated regularly. This, in turn, ensures the health of the children for which it has been made a mandatory condition to apply for this scheme.
  • Concerning the Samajwadi Pension list, the state government has taken an initiative to educate all the applicant who is benefited from this scheme. By this, the literacy rate of the state will increase in a considerable amount.
  • This scheme is also used to ensure the medical conditions of the children. The children in the applicant's family need to take part in the medical test camp conducted in their schools.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Benefits of Samajwadi Pension Yojana

There are many benefits associated with the Samajwadi Pension Yojana scheme. Here are some of the benefits of the scheme:

  • Under this scheme, the government provides Rs.500 to the rural families who live under the poverty line.
  • The pension amount will be increased by Rs.50 in the forthcoming financial years.
  • The maximum amount of pension that can be provided to the family using the Samajwadi Pension list is Rs.750 for every month.
  • This scheme is specially launched with the aim to help the people who live below the poverty line. The pension amount provided will be useful for their savings in the future.
  • This scheme also promotes the education and the health conditions of the children whose family are associated with the plan.
  • Samajwadi Pension Yojana covers all the parts of the state so that no areas can be left benefited.
  • Around 40 lakh people of the state of Uttar Pradesh have benefited from the scheme.
  • The pension amount will directly be transferred to the bank account of the beneficiary.

Monthly Contribution

  • The Samajwadi Pension Yojana scheme is launched to help people with financial needs.
  • This scheme requires no monthly contribution.
  • The beneficiary of the scheme will be provided with the amount that the government has announced.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

How to apply for Samajwadi Pension Yojana?

There are certain documents that are required to apply for this scheme. The list of documents is as follows:

  • Photocopy of identity proof
  • Photocopy for the proof of address
  • Photocopy for the bank account details
  • Photocopy of caste certificate

Application Process for Samajwadi Pension Yojana

Step 1: Visit the official website for the Samajwadi Pension Yojana scheme.

Step 2: On the home page, click on the option to download the application form.

Step 3: Fill in all the details and attach the required documents with the help of the checklist provided in the form.

Step 4: The details that the applicant is requested to fill in are:

  • Applicant's name
  • Details regarding the age
  • Name of the father or the husband
  • Details regarding the residency
  • Information about the block
  • Details of the post office in the nearby location
  • Details of the gram panchayat
  • Details related to the caste

Step 5: Now upload the completed application form.

Step 6: The Samajwadi Pension Yojana account will be created.

Step 7: The website also has an option to view the Samajwadi Pension list.

  • On the homepage of the website, there will be an option called Samajwadi Pension Yojana.
  • Click on that link.
  • The page will be re-directed to a new page where you can find the Samajwadi Pension list.

Step 8: The Gram Panchayat will check the application and select the beneficiary list.

Step 9: Once the list is created, the pension amount will be released to the bank account associated with the application.

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FAQs

  • Q1. Are there any criteria for the pension amount to be increased?

    A1. The pension amount will initially be Rs.500 for every month. There are some conditions for the amount to be increased to Rs.750. The conditions are:

    • The family that is benefited needs to provide education to every child in that family within the age group of 6 and 14, and the attendance has to be maintained at least for 70%.
    • If there are any illiterate members in the family, they need to educate themselves.
    • The children in the family need to get regular health check-ups and immunization in the government schools.
  • Q2. Does the applicant need to have a bank account?

    A2. Yes, the Samajwadi Pension Yojana scheme applicant needs to have an account in the State Bank of India or any other nationalized bank. The reason is that the pension amount will be credited to the bank account provided during the enrollment in the scheme.

  • Q3. Who will verify the applications?

    A3. The applications under this scheme will be verified by the gram panchayat offices that are located near to the location of the applicant. The officials will check for the eligibility criteria and approve the application. Once the application has been approved, the fund will be released.

  • Q4. Can the person who pays the income tax be eligible to apply for this scheme?

    A4. No, this is the scheme that is introduced specially for the people who live under the line of poverty. The person who is paying the income tax will not come under the Below Poverty Line category (BPL). Hence, they are not eligible to apply for this scheme.

  • Q5. How will the children undergo medical examinations?

    A5. The medical tests will be conducted in all government schools every six months. The children whose family come under the Samajwadi Pension list have to enrol themselves on the tests that are taking place in their schools.

  • Q6. Can anyone apply for the Samajwadi Pension Scheme?

    A6. No, this scheme is only applicable for people under the poverty line and who meet the prescribed criteria.

  • Q7. Do the beneficiaries of the scheme need to contribute anything?

    A7. No, this scheme is introduced with the aim to help the poverty-stricken people. So there is no contribution to this scheme.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
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