Viklang Pension Yojana

The government of Uttar Pradesh made several efforts and brought various ideas to ease the standard of living for a person with a disability. The government proposed the Viklang Pension Yojana to provide financial assistance to its citizens falling under the list of BPL (Below Poverty Line) category. With the Viklang Pension, an individual with at least 40 percent disability may receive INR 1,000 every month from the Uttar Pradesh government.

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Disclaimer: ##Rs 60,000 are the monthly pension amounts at the assumed rate of return of 8% p.a. and 4% p.a. for unit linked insurance plans. This is an illustrative example and the returns are not guaranteed & dependent on the policy term and premium term availed along with the other variable factors. The market linked return of 60K per month is for an 18 year old investing 6k per month for 20 years in a whole life policy having policy term 82 years in which Systematic partial withdrawals start at the age of 65 years at 5% rate of withdrawal per year. The investment risk in the policy is borne by the policyholder. All Plans listed here are of insurance companies’ funds. *Tax benefits and savings are subject to changes in tax laws. All Plans listed here are of insurance companies’ funds. Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

One may apply for this yojana by visiting the official website of the Social Welfare Department (SWD). The Viklang Pension Yojana is one of the best pension plan and essential for the individual with a disability who has no source of income to meet the financial requirement. Hence, people with disability must apply for this scheme. 

Eligibility Criteria for Viklang Pension Yojana

A person is required to fulfill the following criteria in order to apply for the pension yojana.

  • He must be a resident of Uttar Pradesh. In order to substantiate this criterion, he may produce the birth certificate or Aadhaar card, or any other document he deems fit to prove his residence.

  • The age of the applicant must be 18 years or more. In addition, the applicant must possess 40 percent or more disability to apply for the Viklang Pension Yojana. 

  • The annual income of the individual should be INR 46,080 or less in a rural area or INR 56,460 in an urban area.

However, an individual satisfying the 40 percent disability but receiving any other pension is not eligible to apply for the Viklang Pension Yojana. In addition, if the disabled person is an owner of a three or four-wheeler, he is not entitled to get benefits from this pension yojana. Furthermore, a person working in the government sector cannot be covered under the Viklang Pension Yojana. 

Document Required for Divyang Pension Yojana

An applicant must have the following documents in order to apply for pension yojana.

  1. Disability Certificate

    The beneficiary is required to produce his disability certificate while applying for the Divyang Pension Yojana. The certificate must be issued by the physician or health center. However, a private practitioner may also give a certificate of disability. Nevertheless, if the person is suffering from mental depression, a hearing impaired disability, or any other intangible disability, he needs to get the certificate issued by Ram Manohar Lohia Joint Hospital situated in Lucknow. Certificates issued from other hospitals in case of intangible disability will not be accepted.

  2. Income Certificate

    The income certificate can be issued by an MLA, MP, Mayor, Chairman of Panchayat, Tehsildar, etc.

  3. Age Proof

    In order to substantiate his age, the individual may furnish or provide the birth certificate or the certificate he received after passing class 10th.

  4. Pass Book

    The applicant can submit the passbook of any bank.

  5. Identity Proof

    The applicant may provide Voter ID, Ration card, or Aadhaar card for identity proof.

  6. Photograph

    The applicant may upload a color passport-size photograph of up to 20 KB.

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How to Apply for Divyang Pension Yojana?

One may apply for the Viklang Pension Yojana by visiting the official home page of the government and filling in the following details.

  • The applicant is required to fill in his district along with his residential status (Rural or Urban) and Tehsil. 

  • In the next step, he may fill his name according to his Aadhaar card. Later, he is expected to fill in his gender, date of birth, father or husband's name in case of the female applicant, category (General, minority, SC, ST, and OBC), mobile number, and complete address. 

  • Upon completing personal details, the applicant may move toward bank details, which include the name of the bank and the branch, account number, and IFSC code.

  • Later, the source of income needs to be filled. The applicant may enter the income application number along with the income certificate number. The income certificate is required to substantiate that his income falls under the eligibility criteria. 

  • Next, the applicant may select the type of disability he has along with the disability percentage and disability certificate number. The disability percentage must not be less than 40 per cent to receive the Viklang pension. In addition, the issue date of the disability certificate needs to be filled in along with the unique Divyang ID. 

  • Now, after filling up the aforementioned details, the applicant is required to upload the necessary documents, such as a passport-size color photograph, which should be at most 20KB, an age certificate and a disability certificate, which should be a maximum of 200 KB.

  • At last, he is required to sign the declaration that the details described above provided by him are true and accurate to the best of his knowledge. Then, he needs to enter the captcha in order to sign the declaration and submit the form. 

Viklang Pension Status

An individual may check the application status by logging in to the account created while filling out the registration form. The applicant is required to fill in the scheme name, application registration number, and bank account number. In addition, he is also required to enter the captcha after filling up the details. Once done, he may click on submit and track the application status. 

Conclusion

The Viklang Pension Yojana was launched by the government of UP in the year 2016 in order to ease the living standard of a person with a disability. People with disability are a vulnerable group who face various difficulties in securing a private job. Hence, it is the duty of the state and central government to bring efficient and practical schemes for such people. The Viklang Pension Yojana meets the requirement by providing INR 1,000 to the person with a disability.

FAQ's

  • How much may a person with a disability receive from the Viklang Pension Yojana?

    A person who fulfilled the eligibility criteria is entitled to receive INR 1,000 per month from the state government. 
  • What is Viklang pension online?

    A person with a disability is not required to visit government offices. Instead, he may apply for the pension online on a laptop or mobile phone. 
  • What is the minimum age to apply for a pension scheme?

    An individual must be 18 or more to apply for the Viklang Pension Yojana. 
  • Can I receive the Viklang pension if I own a two-wheeler vehicle?

    Yes, a person owning two-wheeler vehicle may receive the pension. However, a person with a three or four-wheeler is not entitled to receive this pension. 
  • Do I need to contribute a sum in order to receive the pension benefits?

    An individual is required to fill in the form and apply for the scheme. However, he is not bound to pay any premium fee.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^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.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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