PM SYM Yojana stands for Pradhan Mantri Shram Yogi Maandhan Yojana. This Yojana was launched by Union Minister Piyush Goyal in the interim budget on 1st February 2021. The PM SYM Yojana is aimed at providing pensions to the unorganized sector’s employees or workers including drivers, rickshaw drivers, domestic servants, laborers, tailors, cobblers, etc. This scheme covers all the workers of unorganized sectors whose monthly income is or less than Rs.15000/-.
In this article, we will discuss Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) Yojana, PMSYM Online Registration and account status check, benefits, eligibility, and other related details.
The Pradhan Mantri Shram Yogi Maandhan Yojana Launch date is 15th February 2021. After reaching the age of 60, the beneficiaries will receive a monthly pension of 3000 Rupees under this scheme. The Beneficiaries applying under the Pradhan Mantri Shram Yogi Mandhan Yojana 2021 must be between the ages of 18 and 40. The Indian government also taking various steps toward the development of farmers of the Country such as PM Kisan Khad Yojana.
The PM SYM Yojana in Hindi is not available for government employees, Employees Provident Fund (EPF), National Pension Scheme (NPS), or state employees Insurance Corporation (ESIC) members. This scheme is only for Shramyogis who do not pay income taxes. People also search for “PM SYM Yojana Kya Hai” so, here are the PM SYM Yojana details in Hindi.
PMSYM Online Registration Process
Here are the steps to apply for Online Registration:
Visit the official website of Pradhan Mantri Shram Yogi Maandhan Yojana.
PMSYM Yojana online application Page will open on your screen.
Here, Click on the “Self Enrollment” option.
Enter your mobile number and click on “Proceed”.
On the next page, enter your Name, Email ID, and Captcha code.
Click on the “Generate OTP” tab.
You will receive an OTP on your registered mobile number.
Enter and verify your OTP.
Next, you have to fill in all the information in the PMSYM Yojana Online Form.
Upload all the documents in JPEG format.
Check all the details and click on submit button.
You can take printout of the PMSYM Yojana Online application form for future reference.
Required documents for PMSYM Yojana 2021
Photo ID proof
Passport size photos
PM Shram Yogi Mandhan Yojana Eligibility
The applicant must belong to unorganized sectors.
The monthly income of the applicant should not exceed Rs-15000/-.
The applicant must have an age between 18 years to 40 years.
The applicant should not be a tax payee.
The applicant must not be covered under EPFO, NPS, and ESIC.
The applicant must have a savings bank account, Aadhaar Card, and Mobile number.
Process of Registration Via CSC PM SYM Yojana
Visit the official website of Pradhan Mantri Shram Yogi Maandhan Yojana.
Select the “Click here to apply now” link.
Click on the “CSC V L E” link.
The new page of PMSYM login will open on your screen.
Here, enter your username and password.
Click on the “Sign in” button.
On the next page, select the option of Pradhan Mantri Shram Yogi Maandhan Yojana.
The PMSYM Yojana Application form will open on your screen.
Enter all the required details such as name, email ID, address, State, District, and other information.
Next, upload all the required documents and click on submit button.
Offline Registration process
First, the applicants have to visit their near Janseva Kendra along with all the required documents such as Aadhaar card, Bank Passbook, mobile number, etc.
Here, you will receive the PM SYM Yojana application form.
Fill up all the required details and submit it with all the required documents.
You can take a print of the application form for future reference.
More about PM Mandhan Yojana
Under PM Mandhan Yojana, other schemes such as LIC, EPFO, ESIC, and others also operate. Workers who do not have a regular source of income and whose income is dependent on the labor they do to make a living on a daily basis, are eligible to apply for the Pradhan Mantri Shram Yogi Yojana. Through the Digital Seva website, the VLE will enroll eligible citizens in the PM-SYM Scheme. Eligible individuals can register for this scheme via the internet.
If a beneficiary dies while receiving a pension under this system, his widow will receive 50% of his pension.
Pradhan Mantri Shram Yogi Mandhan Yojana
1st February 2019
Finance Minister Mr. Piyush Goyal
Commence date of Yojana
15th February 2019
Unrecognized sector workers
No. of Beneficiary
10 Crore approximate
Central Govt. Scheme
Rs.55 per month to Rs 200 per month
Rs. 3000 per month
For the scheme’s successful implementation, the life insurance corporation of India will serve as a nodal agency.
The beneficiary will also pay a monthly premium to the LIC office and after the completion of the scheme, the beneficiary will receive a monthly pension from the LIC.
Direct Bank Transfer will be used to transfer this monthly pension to the beneficiary’s account.
The approximately 64.5 lakh people had signed up for it as of May 6.
You can visit the official website or contact your nearest Life Corporation of India office to know more about Pradhan Mantri Shram Yogi Mandhan Yojana.
Benefits of Pradhanmantri Shram Yogi Mandhan Yojana
This scheme is launched to provide pension benefits to the workers of the country’s unorganized sectors including drivers, rickshaw pullers, cobblers, tailors, laborers, domestic servants, and brick kiln workers.
After reaching the age of 60, eligible beneficiaries would get a monthly pension of Rs. 3000 under this scheme.
The government provides the same amount to your account as you do to the PM Shram Yogi Maandhan Yojana.
After your death, your wife will be entitled to half of your one-and-a-half thousand rupee pension for the rest of her life.
The amount of Rs 3000 allocated by the government would be directly transferred from the recipients’ saving bank account or Jan Dhan account through the auto-debit option under this scheme.
Persons Not eligible for Pradhanmantri Shram Yogi Mandhan Yojana
Workers of Organized sectors.
Employees Provident Fund member
Member of National Pension Scheme
Member of State Employees Insurance Corporation
People paying Income Tax.
Exit and Petrol Under PMSYM Yojana
The below are the conditions for that you are responsible if you leave the Pradhan Mantri Shram Yogi Maandhan Yojana in the middle.
If the beneficiary leaves the scheme before the ten-year period, the contribution will be paid at the rate of a savings account.
If the beneficiary dies for any reason, the scheme might be continued by his life partner.
If the beneficiary dies after a period of ten years or more but before reaching the age of sixty, the contribution will be paid to the beneficiary as accrued interest, plus the contribution or the savings bank rate, whichever is higher.
If a person becomes a permanent ashram before reaching the age of 60 and is unable to continue this program, his or her spouse may do so.
Other exit provisions may be issued by the government based on the advice of the NSSB.
How do I register under PM-SYM?
The eligible applicant can visit the nearest Common Service Centres and get himself registered under the PM-SYM scheme.
How do I open a SYM account?
The applicant can visit the nearest CSC center to open a SYM account. He also has to take along all the important documents while visiting CSC center.
How do I find my PMSYM account?
You can simply dial 18004253800 or 1800112211 to know the balance and other information regarding PMSYM account.
How do I join PMSYM?
You can visit the official website Maandhan.in and follow the above-mentioned steps to join PMSYM.