PM Vaya Vandana Yojana (Table-842) [Closed] |
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Pradhan Mantri Vaya Vandana Yojana (PMVVY) sold through LIC was Government of India Guaranteed Pension plan for senior citizens which provided 8% guaranteed pension for 10 years after one time investment. This plan was closed on 31-03-2020 and now modified PMVVY (856) Plan with assured rate of 7.4% is available from 26-05-2020. |
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| Age | 60 Years and Above |
| Pension Term | 10 Years |
| Pension Mode | Yearly, Half Yearly, Quarterly or Monthly |
| Minimum Pension | 1000 (Monthly Mode) 3000 (Quarterly Mode) 5000 (Half Yearly Mode) 12000 (Yearly Mode) |
| Maximum Pension | 10000 (Monthly Mode) 30000 (Quarterly Mode) 50000 (Half Yearly Mode) 120000 (Yearly Mode) |