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PM Vaya Vandana Yojana (Table-842)

PM Vaya Vandana Yojana (Table-842) [Closed]

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.

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)