PM Karam Yogi Mandhan Yojana 2025 is a government pension scheme for small traders and shopkeepers registered under GST with an annual turnover up to ₹1.5 crore. Announced by Finance Minister Nirmala Sitharaman during the budget, this plan helps you get a monthly pension after you turn 60 years old.
Overview of PM Karam Yogi Mandhan Yojana 2025
This scheme gives small business owners and shopkeepers a chance to save a small monthly amount, and once you reach 60 years, you will receive ₹3000 every month as pension. Indian Life Insurance Corporation (LIC) manages the scheme as the main agency, making sure everything runs smoothly and the pension is sent directly to your bank account linked with your Aadhaar card.
Main Details of PM Karam Yogi Mandhan Yojana 2025
Your registration will be accepted through more than 3.2 lakh Common Service Centres (CSCs) across India. To join, you need to be between 18 and 40 years old. The monthly premium ranges from ₹55 (if you join at 18) up to ₹200 (if you join at 40). The government contributes the same amount as you pay every month.
Why PM Karam Yogi Mandhan Yojana 2025 Is Important for You
If you are a small trader or shopkeeper, this scheme helps secure your future by giving you financial support during old age, especially if you have no other income at 60 or older. By joining this scheme early, you get the benefit of government co-contribution and a monthly pension that lets you live comfortably.
Main Highlights of PM Karam Yogi Mandhan Yojana
| Scheme Name | PM Karam Yogi Mandhan Yojana |
| Launched by | Prime Minister Narendra Modi |
| Launch Date | 31 May |
| Registration Start | Soon to Begin |
| Last Date to Apply | Not Announced |
| Beneficiaries | Small Traders and Shopkeepers |
| Pension Amount | ₹3000 Per Month After 60 Years |
| Estimated Beneficiaries | 3 Crore |
| Application Mode | Online via CSC Centers |
Main Aim of PM Karam Yogi Mandhan 2025
This scheme aims to support small business owners who face money problems when they cannot run their businesses after retirement age. It helps them become financially independent and live with dignity through a steady monthly pension from the government.
Important Facts About the Scheme
- Applicants must be between 18 and 40 years old.
- The scheme is for small and marginal traders, shopkeepers registered under GST.
- Government shares 50% of the monthly premium.
- All applications are accepted only online.
- Pension payment begins after reaching 60 years of age.
- LIC acts as the main agency managing the scheme.
- Pension amount will be directly transferred monthly to the beneficiary’s linked bank account.
Who Can Apply? Documents Needed
- Age between 18 to 40 years at the time of joining.
- You should be doing business in India only.
- Business should be registered under GST.
- Aadhaar card linked with your bank account.
- Passport size photo.
Monthly Premium Details Under PM Karam Yogi Mandhan 2025
| Entry Age | Superannuation Age | Member’s Monthly Contribution (₹) | Government Monthly Contribution (₹) | Total Monthly Contribution (₹) |
|---|---|---|---|---|
| 18 | 60 | 55 | 55 | 110 |
| 25 | 60 | 80 | 80 | 160 |
| 30 | 60 | 105 | 105 | 210 |
| 35 | 60 | 150 | 150 | 300 |
| 40 | 60 | 200 | 200 | 400 |
The exact monthly contribution depends on your age when you join; younger members pay less each month.
How to Apply for PM Karam Yogi Mandhan Yojana 2025
- Visit your nearest Common Service Centre (CSC) with all required documents.
- Submit your Aadhaar-linked bank account details, GST number, age proof, and photo to the CSC agent.
- The CSC agent will help fill out the online application form and submit it.
- Keep the final application receipt safely for future reference.
This simple pension plan is made to secure your future financially after retirement. Make sure to apply and get the benefit of regular pension support once you cross 60 years.
Related: Know more about Pradhan Mantri Mudra Yojana | Find out about Pradhan Mantri Shram Yogi Mandhan Yojana