Pradhan Mantri Shram Yogi Maandhan Yojana (PMSYM) - How to apply, Eligibility and Benefits

Pradhan Mantri Shram Yogi Maandhan Yojana (PMSYM) - How to apply, Eligibility and Benefits: It is a known fact that unorganized sector workers have no job security, little chance for growth and no pension. To protect the welfare of workers of the unorganized sector, the Indian government introduced a new scheme in 2019; this is a pension scheme and is called the Pradhan Mantri Shram Yogi Maan-Dhan, PMSYM scheme.

Introduction

Pradhan Mantri Shram Yogi Maan-dhan pension scheme which was introduced by the government of India in the year 2019 is targeted towards workers in the unorganized sectors such as rag pickers, domestic workers, street vendors, home based workers etc. Fifty percent of the contribution for the scheme is done by the central government and the remaining fifty percent by the subscriber.

Overview of Pradhan Mantri Shram Yogi Maandhan Yojana

Scheme Name	Pradhan Mantri Shram Yogi Mandhan Yojana
Launched By	Finance Minister Mr. Piyush Goyal
Launched date	1st February 2019
Beneficiary	Unrecognized sector Workers
Pension amount	Rs 3000 Per month
Official website	https://maandhan.in/shramyogi

PMSYM Enrollment Process

Eligibility Criteria for Pradhan Mantri Shram Yogi Maandhan Yojana

To be eligible for the Pradhan Mantri Shram Yogi Maandhan Yojana, the applicant must not be an income taxpayer and must be in the age group of 18 – 40 years. They must have a mobile number, aadhar number and bank account. They should not have been covered under employee provident fund organization, national pension scheme etc. Their monthly income must be below Rs. 15,000.

Benefits of Pradhan Mantri Shram Yogi Maandhan Yojana

Pradhan Mantri Shram Yogi Maan-Dhan Yojana is a contributory and voluntary pension scheme and the beneficiaries enjoy the below given benefits.

When the beneficiary completes the age of 60 years, they can receive a minimum pension of Rs. 3,000 per month.
If the individual who is part of this scheme expires during the tenure, 50% of the pension will be given to their spouse. Only the spouse is eligible to receive this pension.
If the individual dies before he/she attains the age of 60 years, the spouse can either continue the contributions to the scheme or stop the contributions.

Documents required For Pradhan Mantri Shram Yogi Maandhan Yojana

Aadhaar Card
Savings/Jan Dhan Bank Account details along with IFSC Code ( Bank Passbook or Cheque Leave/book or copy of bank statement as evidence of bank account )

How to Apply Pradhan Mantri Shram Yogi Maandhan Yojana Offline

To register for the Pradhan Mantri Shram Yogi Maandhan Yojana, visit the nearest Common Services Centres eGovernance Services India Limited and enrol the names (Check CSC Location nearby You). They must be given the details such as aadhar card number, mobile number and bank account number. The first month contribution amount is collected from the subscriber in the form of cash and a receipt is given for the amount.

Subscribers in the age groups of 18 – 40 years must make their contributions to the scheme until they reach the age of 60 years. After this, they will receive a monthly pension of Rs. 3,000.

How to Apply Pradhan Mantri Shram Yogi Maandhan Yojana Online

Below is the complete procedure to make online registration for PM Shram Yogi Maan-Dhan Yojana 2022:-

1) Visit the Pradhan Mantri Shram Yogi Maandhan Yojana Official Website (https://maandhan.in/)

2) At the bottom you will see the button "Click Here Apply Now". Just click on it...

3) Then it will redirect to the another page you will see the option of Self Enrollment, you have to click on that. After clicking on it you have to enter your mobile number. Then you have to click on the Proceed button.

4) After clicking on the button enter your name, email id and captcha code on the screen and then click on “Generate OTP” option. Then you have to enter the OTP and click on Verify.

5) After this you have to enter the rest of the application form. You will have to upload the required documents in the JPEG form. Then after review the application form has to be submitted.

6) After that take the print out and save it.

CONTACT US

Joint Secretary and Director General (Labour Welfare) Ministry of Labour and Employment Government of India

Helpline: 1800 267 6888
Email: vyapari@gov.in | shramyogi@nic.in