Pradhan Mantri Shram Yogi Mandhan Yojana: PMSYM Yojana 2022

Pradhan Mantri Shram Yogi Mandhan Yojana | Apply for PMSYM Yojana | Online Registration, Benefits, and Eligibility Criteria

The Central Government has introduced the Shram Yogi Mandhan Yojana. Under this PMSYM yojana, the Government will offer pensions to all unorganised sector employees with monthly incomes of at least Rs. 15,000/month. Union Minister Piyush Goyal launch this scheme to help unorganized sector workers like drivers, rickshaw pullers, labourers, house workers, cobblers, tailors, kiln workers etc. We will tell you all the details about the Pradhan Mantri Shram Yogi Mandhan Yojana, including eligibility, benefits, and online application.

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Pradhan Mantri Shram Yogi Mandhan Yojana

On February 15, the Pradhan Mantri Shram Yogi Mandhan Yojana went into effect. After reaching 60, beneficiaries will receive a monthly pension of Rs 3000 under this scheme. Beneficiaries applying under the PMSYM yojana must be between the ages of 18 and 40. This scheme is not available to government employees, Employees Provident Fund (EPF), National Pension Scheme (NPS), or Employees State Insurance Corporation (ESIC) members.

The government has begun the Donate a Pension program under PM Shram Yogi Mandhan Yojana. A citizen may contribute to the premium contribution of domestic workers, drivers, and support staff under this scheme. Every year, a minimum of 660 to 2000 rupees can be deposited, depending on the age. The scheme provides a monthly minimum pension of 3000 after reaching the age of 60.

Overview of the PM Shram Yogi Mandhan Yojana

Scheme Name	Pradhan Mantri Shram Yogi Mandhan Yojana
Launched By	Finance Minister Mr Piyush Goyal
Launched date	1st February
Start date of scheme	15th February
Beneficiary	Unrecognized Sector Workers
No of beneficiary	10 Crore approximate
Contribution	Rs 55 per month to Rs 200 Per month
Pension amount	Rs 3000 Per month
Official website	https://maandhan.in/shramyogi

The Objectives of the Pradhan Mantri Shram Yogi Mandhan Yojana

The primary goal of the PMSYM Yojana is to provide financial assistance to unorganised sector workers over the age of 60. This scheme provides a pension of Rs. 3000 to be self-sufficient and empowered. The Indian government wishes to provide benefits and financial assistance to all poor and labourers through this scheme.

If a beneficiary dies while receiving a pension, 50% of the pension will be paid to the beneficiary’s spouse. Aside from that, if the beneficiary has made regular contributions and, before reaching the age of 60, the beneficiary becomes permanently disabled for any reason and is unable to continue his contribution, his husband or wife can benefit from the scheme by paying regularly.

Benefits of the PMSYM Yojana

Drivers, rickshaw pullers, cobblers, tailors, labourers, domestic servants, brick kiln workers, and others will benefit from this scheme.
After 60, eligible beneficiaries will be paid a monthly pension of Rs 3000 under this scheme.
The government matches the amount you contribute to this Yojana.
After your death, your wife will receive half of your one and a half thousand rupees pension for life.
The government will transfer Rs 3000 directly from the beneficiaries’ savings bank accounts or Jan Dhan accounts via auto debit under this scheme.

How to Apply for the Pradhan Mantri Shram Yogi Mandhan Yojana?

For applying offline, visit your nearest public service centre or digital service centre to apply for the Pradhan Mantri Shram Yogi Mandhan Yojana. And, take your bank account passbook and Aadhaar card with you for registration.

pradhan mantri shram yogi mandhan yojana Enrolment process

If you want to self-enrolment at PMSYM Yojana online, follow the below-given steps.

Go to the official website of the PMSYM Yojana.
On the home page, click the link “Click Here To Apply Now.”
On this page, you will see the “Self-Enrolment” option, select it.

After that, you must enter your mobile phone number and click the “Proceed” button.
A new page will open where you have to enter your name, email id and captcha code.
Then, click on “Generate OTP” to get an OTP.
Verify the OTP, and fill out the rest of the application.
After that, upload the required documents in JPIG format.
Check carefully, and submit the form.
Save the form and take a printout for future reference.

However, you can follow the below-given steps for applying the Scheme through CSC VLE.

Go to the official website of the PMSYM Yojana.
On the home page, click the link “Click Here To Apply Now.”
Now, select the CSC VLE link.

A new page will appear where you have to enter your Username and Password.
And, click the “Sign in” button.
Now, select “Shram Yogi Mandhan Yojana” from the Schemes menu.
The PMSYM application form will appear.
Enter all of the required information including your name, email address, address, state name, and district name.
Next, upload all of the necessary documents, and click the “Submit” button.

After applying for the PMSYM Scheme, the applicant needs to pay a monthly premium. Depending upon the age, the 18 years applicant has to pay Rs. 55 as a monthly premium, whereas, the ages 29 years to 40 years need to pay a monthly premium of Rs.200.

How to Sign in to Your Account?

Visit the Pradhan Mantri Shram Yogi Mandhan Yojana’s official website.
On the home page, select the “Sign in” option.
Select either self-enrolment or CSC VLE.

pradhan mantri shram yogi mandhan yojana sign in

Next, select the best option for you.
Then, enter your Username, Password, and Captcha Code.
After that, select the “Sign in” option.

Eligibility Criteria for Applying the Scheme

The applicant must be an unorganised sector worker.
Unorganized sector workers’ monthly income should not exceed Rs.15000.
The applicant’s age should range between 18 and 40 years.
The most important requirement is that you do not pay income or tax.
The eligible individual must not be covered by EPFO, NPS, or ESIC.
A mobile phone and an Aadhaar number are required for subscribers.
The scheme also necessitates the opening of a savings bank account.
Beneficiaries must have an Aadhaar card and a bank account that is linked to their Aadhaar card to participate in the scheme.

Required Documents for Applying the PMSYM Yojana

Aadhar Card
Identity Card
Bank Account Passbook
Postal Address
Mobile Number
Passport Size Photo

Payable Amount under Pradhan Mantri Shram Yogi Maandhan Yojana

Entry Age	Superannuation Age	Member’s Monthly Contribution (Rs)	Central Govt’s Monthly Contribution (Rs)	Total Monthly Contribution (Rs)
(1)	(2)	(3)	(4)	(5) = (3) + (4)
18	60	55	55	110
19	60	58	58	116
20	60	61	61	122
21	60	64	64	128
22	60	68	68	136
23	60	72	72	144
24	60	76	76	152
25	60	80	80	160
26	60	85	85	170
27	60	90	90	180
28	60	95	95	190
29	60	100	100	200
30	60	105	105	210
31	60	110	110	220
32	60	120	120	240
33	60	130	130	260
34	60	140	140	280
35	60	150	150	300
36	60	160	160	320
37	60	170	170	340
38	60	180	180	360
39	60	190	190	380
40	60	200	200	400

Applicable & Non-Applicable Candidates for the Scheme

Applicable Candidates

Small and marginal farmers
Landless agricultural labourer
Fishermen
Animal keeper
Labellers and packers in brick kilns and stone quarries
Construction and infrastructure workers
Leather craftsman
Weaver
Sweeper
Domestic workers
Vegetable and fruit seller
Migrant labourers

Non-Applicable Candidates

People working in the organized sector
Employees’ Provident Fund Members
Member of the National Pension Scheme
Member of State Employees Insurance Corporation
People paying income tax

Facts of the Pradhan Mantri Shram Yogi Mandhan Yojana

The Life Insurance Corporation of India will serve as a nodal agency for the scheme’s successful implementation.
The beneficiary will also deposit monthly premiums in the LIC office, and upon completion of the scheme, the beneficiary will receive a monthly pension from the LIC alone.
This monthly pension will be deposited directly into the beneficiary’s bank account.
If you want to learn more about the Shram Yogi Mandhan Yojana, you can contact your local Life Corporation of India office or visit the website listed below.
Statistics show that as of May 6, approximately 64.5 lakh people had registered.
This scheme is open to unorganised sector workers between the ages of 18 and 40.
To apply for the Shram Yogi Mandhan Yojana, the applicant’s minimum salary should be 15000 or less.
The applicant should not be a member of any pension plan.
Through this scheme, the beneficiary will receive a 3000 pension.
To receive the pension, the beneficiary must invest in this scheme between the ages of 18 and 40.
After the age of 60, a pension will be provided.
Citizens who pay taxes are not eligible to benefit from this scheme.
The beneficiary can make the investment on a monthly basis.
Aside from that, contributions can be made quarterly, semi-annually, or annually.
After the applicant’s death, 50% of the pension amount will be paid to the applicant’s family.
This amount will be given to the nominee of the beneficiary.
There are no educational requirements to participate in this scheme.

PMSYM Yojana Contact Information

Contact Number	18002676888
Email ID	vyapari@gov.in & shramyogi@nic.in

Frequently Asked Questions

1) What precisely is Pradhan Mantri Shram Yogi Mandhan?

Pradhan Mantri Shram Yogi Mandhan (PMSYM) is a voluntary and contributory pension scheme for unorganised workers between the ages of 18 and 40 who earn less than Rs.15000 per month.

2) What is the benefit of PM Shram Yogi Yojana?

Workers will receive a pension of Rs. 30000 per month after reaching the age of 60 under the PMSYM Yojana. Every employee will be required to deposit between $55 and $200 per month. The worker’s age should be between 18 and 40 years old.

3) How to make a PM Shram Yogi Card?

Pradhan Mantri Shram Yogi Mandhan Yojana has been launched specifically for people working in the unorganised sector. People working in the unorganised sector account for more than 42% of the country’s population.

4) How to take advantage of PMSYM?

You only need to go to Jan Seva Kendra and submit your documents to the Jan Seva Kendra officer, explaining that you do not want to take advantage of this scheme.