• Helpline: 18002676888
  • 14434
  • A-
  • A 
  • A+
    • Hindi
  • Skip to Main Content
    • normal
    • yellow
    • fuchsia
    • A+
    • A 
    • A-
    • Facebook, External Link that opens in a new window
    • Twitter, External Link that opens in a new window
    • youtube, External Link that opens in a new window
  • Hindi
श्रम और रोजगार मंत्रालय
Government of India
Ministry of Labour &
Employment

MAANDHAN - Pension for Unorganised Labour

Ministry of Labour & Employment
  • Home
  • Bank Charges PM-SYM
    • Indian Bank Circular
    • PM-SYM Charges
  • Process Flows
    • Donate Process Flow
    • Exit Claim Process Flow
    • Revival SoA Update Process Flow
    • Maandhan User Manual
  • Document Advisor
    • Enrollment
    • Account Statement
    • Voluntary Exit
    • Involuntary Exit
    • Revival
    • Updation
    • Donate New
    • Donate Existing
    • Card Reprint
  • Schemes
    • PM-SYM
    • NPS-Traders
    • Contribution Chart
  • Services
    • Donate - a- Pension
    • New Enrollment
    • Reprint Card
    • Revival Module
    • Update Profile
    • Death Case Exit
    • Self Exit
  • FAQ's
    • FAQs of PM-SYM
    • FAQs of NPS-Traders
  • Dashboard
  • CSC Locator
    • CSC Locator
  • Contact Us
    • Contact us
    • Help
    • Grievance
    • Privacy Policy
  • Login
    • Login
  • Gallery
    • Photo

Site Search

  • Home
  • Schemes
Last Updated On February 14, 2023

NPS-Traders

National Pension Scheme for Traders and Self Employed Persons Yojana is a government scheme meant for old age protection and social security of Small Scale Traders and Retailers.

Vyaparis, who are self-employed and are working as shop owners, retail traders, rice mill owners, oil mill owners, workshop owners, commission agents, brokers of real estate, owners of small hotels, restaurants and other Vyaparis with similar occupations whose annual turnover does not exceed Rs 1.5 crore are eligible to get benefit under the scheme.

It is a voluntary and contributory pension scheme under which the beneficiary would receive a minimum assured pension of Rs 3000/- per month after attaining the age of 60 years and if the beneficiary dies, the spouse of the beneficiary shall be entitled to receive 50% of the pension as family pension. Family pension is applicable only to spouse.

  • On the maturity of the scheme, an individual will be entitled to obtain a monthly pension of Rs. 3000/-. The pension amount helps pension holders to aid their financial requirements.
  • The scheme is a tribute to the workers in the Unorganized sectors who contribute around 50 per cent of the nation’s Gross Domestic Product (GDP).
  • The applicants between the age group of 18 to 40 years will have to make monthly contributions ranging between Rs 55 to Rs 200 per month till they attain the age of 60.
  • Once the applicant attains the age of 60, he/ she can claim the pension amount. Every month a fixed pension amount gets deposited in the pension account of the respective individual.

Eligibility Criteria

  • For self employed shop owners, retail owners and other vyaparis
  • Entry age between 18 to 40 years
  • Annual turnover should not exceed Rs 1.5 crore

Should not be

  • Covered under any National Pension Scheme contributed by the Central Government or member of EPFO/NPS/ESIC
  • An income tax payer
  • Enroled under Pradhan Mantri Shram Yogi Maandhan Yojana or Pradhan Mantri Kisan Maandhan Yojana administered by the Ministry of Labour & Employment or Ministry of Agriculture & Farmers Welfare, respectively

He/ She should possess

  • Aadhaar card
  • Savings Bank Account number with IFSC
Contact Us

SLEA and DGLW Ministry of Labour and Employment
Government of India

Helpline : 14434
E-mail :
Information
  • Term & Conditions
  • Privacy Policy
Important Links
  • Ministry of Labour & Employment

© 2022. MAANDHAN - Ministry of Agriculture & Farmers Welfare

  • Accessibility Options
  • |
  • Copyright Policy
  • |
  • Disclaimer
  • |
  • Website Policies
  • |

Ministry of Labour & Employment  |  Contact for technical issues

Website Content owned and managed by Ministry of Labour & Employment
Designed and Developed by CSC eGovernance Services India Limited (CSC SPV)
©2023 Ministry of Labour & Employment. All rights reserved.

Powered By CSC

Powered By CSC        
Last Updated On: 06/01/2025
Website Content owned and managed by Ministry of Labour & Employment
Designed and Developed by CSC eGovernance Services India Limited (CSC SPV)
©2023 Ministry of Labour & Employment. All rights reserved.
Visitor count

14437620