Pradhan Mantri Vaya Vandana Yojana 2021
LIC pension: You will get a pension of Rs 41,500 with interest, the entire money of investment will also come back, know the scheme
Pradhan Mantri Vaya Vandana Yojana: There are many options to get pension every month, but we are going to talk about an option in which you will get back the pension you invested as well as the money you invested. Invest in this amazing Via Vandana scheme
There are many options to get pension every month, but we are going to talk about an option in which you will get pension as well as the money you invested.
Invest in Via Vandana Scheme
The name of this grand scheme is Pradhan Mantri Via Vandana Yojana (Pradhan Mantri Via Vandana Yojana). It is a central government scheme in which investment can also be done by LIC, the country’s largest insurance company. In this scheme, you can apply till 31 March 2023. You get 7.66% returns every year by investing in Pradhan Mantri Vaya Vandana Yojana. You can invest in it for 10 years.
Who can invest
Only a person who is at least 60 years of age can invest in this scheme, that is, this scheme is meant for senior citizens. There is no maximum age limit. The plan can be purchased by paying in full. The pensioner will have the option to choose the pension amount or purchase price.
Pension options are available
In this, you can take pension on monthly basis if you want, but you also have the option of taking pension on quarterly, half yearly and yearly basis. If you do not choose a pension every month, it is equal to 7.66% per year. A maximum investment of Rs 15 lakh can be made in it.
How to get pension
Pension Monthly Quarterly Half Yearly
Minimum pension 1,000 3,000 6,000 12,000
Maximum Pension 9,250 27,750 55,500 1,11,000
How much to invest
Monthly Half Yearly Purchase
Minimum 1,62,162 1,61,074 1,59,574 1,56,658
Maximum 15,00,000 14,89,933 14,76,064 14,49,086
That is, the minimum pension per month under this scheme is Rs. 1000 or Rs per year. 12000. The maximum pension limit is 9250 on a monthly basis and the annual pension is Rs. 1.11 lakhs. To get Rs.1000 per month, you have to invest Rs.12 lakh and for an annual pension of Rs.12,000, you have to invest Rs.1.56 lakh. If someone wants a pension of Rs 9,250 per month, then they have to invest Rs 15 lakh. 1.11 lakhs in a year Rs. 14.50 lakh will have to be invested.
In this way, you will get a pension of 41,500 rupees
Now if you have Rs. If you invest an amount of Rs 5 lakh, then the pension will be Rs 3333 on monthly basis and you will get 41500 pension on annual basis. If you deposit Rs 3 lakh, then your pension will be Rs 2,000 on a monthly basis, while you will get a pension of Rs 24,900 annually.
This way you will get your money back
If the policy holder survives for a period of 10 years, he will continue to receive pension, during which time, upon death, the purchase price will be returned to the nominee. If the policy holder is alive for 10 years, the purchase price will also be refunded, along with the pension
How to invest
The scheme can be invested both online and offline. To invest online you can go to https://eterm.licindia.in/onlinePlansIndex/pmvvymain.do.