- What is Pradhan Mantri Vaya Vandana Yojana
- Pradhan Mantri Vaya Vandana Yojana – Eligibility, Benefits
- Documents Required for PMVVY
- Pradhan Mantri Vaya Vandana Yojana Interest Rate 2021
- Benefits of Pradhan Mantri Vaya Vandana Yojana
- How to Buy Pradhan Mantri Vaya Vandana Yojana
- Frequently Asked Questions for Pradhan Mantri Vaya Vandana Yojana
What is Pradhan Mantri Vaya Vandana Yojana
This scheme has been launched in view of today’s circumstances, in the Prime Minister Vaya Vandana Yojana, those senior citizens whose age is 60 years and above can invest in the Prime Minister Vaya Vandana Yojana. The government has made this scheme to protect the senior citizen from future decline in interest income.It has been decided to introduce a simplified scheme of assured pension of 8% called
Pradhan Mantri Vayavandana Yojana is being implemented through LIC, so if you are planning for your retirement then you can also invest in Pradhan Mantri Vayavandana Yojana, here is a popular scheme. The main objective of this scheme is to provide social security to our senior citizens. If you are 60 years of age or above, then you must invest in this scheme.
Pradhan Mantri Vaya Vandana Yojana – Eligibility, Benefits
There are no special criteria to take PMVVY OR Pradhan Mantri Vaya Vandana Yojana. You must be more than 60 years of age to invest in this scheme only.
The person applying for Pradhan Mantri Vaya Vandana Scheme must be a citizen of India.
There is no maximum entry age for PMYY scheme. In this plan the applicant should be ready to avail the benefit of the policy term of ten years.
The minimum purchase price in the AAP PMYY scheme is Rs 1.5 lakh, and it offers a monthly pension of Rs 1,000.
The maximum purchase price in the Pradhan Mantri Vaya Vandana scheme is Rs 15 lakh, and it provides a monthly pension of Rs 10,000.
Documents Required for PMVVY
There are some basic Document Required for PMVYY
Aadhaar card
Pradhan Mantri vaya vandana yojana calculator
| Pension mode | Minimum pension | Minimum investment | Maximum pension | Maximum investment |
| Monthly | Rs 1,000 | Rs 1,50,000 | Rs 10,000 | Rs 15,00,000 |
| Quarterly | Rs 3,000 | Rs 1,49,068 | Rs 30,000 | Rs 14,90,684 |
| Bi-annually | Rs 6,000 | Rs 1,47,601 | Rs 60,000 | Rs 14,76,014 |
| Annually | Rs 12,00 | Rs 1,44,578 | Rs 1,20,000 | Rs 14,45,784 |
Frequently Asked Questions
HOW MUCH Interest Rates Pradhan Mantri Vaya Vandana Yojana
Pradhan Mantri Vaya Vandana Yojana (PMVVY) provides you latest return 7.5 percent interest.it does not attract any GST or service charge.
What is minimum amount for investment fixed for the pension scheme?
pradhan mantri vaya vandana yojana or pmvvy you can invest range on 1000 to 10,000 monthly pension. its totally depend on your invested amount you can invest from 1.5 lakh to 15 lakh
pradhan mantri vaya vandana yojana tax benefit
All pension amount is tex free
pradhan mantri vaya vandana yojana calculator
It is one time investment plan and you get pension for life time
pradhan mantri vaya vandana yojana launch date
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a pension plan launched by indian government 31st march 2017. this plan launched for senior citizens aged 60 years.
pradhan mantri vaya vandana yojana in hindi
pradhan mantri vaya vandana yojana chart
pradhan mantri vaya vandana yojana agent commission
Agent commission is very low jut 0.1%
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