Pension Scheme Pradhan Mantri Vaya Vandana Yojana: After retirement, most of all senior citizens are most concerned about regular income because they do not get salary as regular income.
Most senior citizens want to invest their post-retirement money in a place where they can get regular income. Along with this, their investment should also be safe. Pradhan Mantri Vaya Vandana Yojana, a well-known scheme of the Modi government, has been made keeping in mind the needs of senior citizens. Both husband and wife can invest in this scheme together. Both husband and wife will get a pension of Rs 18,500. Let’s know about this plan..
Pradhan Mantri Vay Vandana Yojana – Husband and wife will get Rs 18,500
The Modi government launched this scheme on 4 May 2017 keeping in mind the needs of senior citizens. This scheme was started to provide social security to senior citizens. LIC is running this scheme for the government. Earlier the limit to invest in it was Rs 7.50 lakh but now it has been increased to Rs 15 lakh.
Get this much interest
In Pradhan Mantri Vaya Vandana Yojana, 7.4 percent interest is available annually. Now people above 60 years of age can invest Rs 15 lakh in it. Both husband and wife can invest in this scheme. If both husband and wife invest Rs 15 lakh each in this scheme at the age of 60, then both of them will get a pension of Rs 18,300. If one of the husband and wife invests Rs 15 lakh, they will get Rs 9,250.
This is the complete calculation
All citizens above the age of 60 years can invest up to Rs 15 lakh. This investment will have to be made before March 31, 2023. In this, depending on the investment, a pension of Rs 1000 to Rs 9250 is available every month. If you invest a minimum of Rs 1.50 lakh, you will get an investment of Rs 1,000 every month. Rs 9,250 per month pension will be available on an investment of Rs 15 lakh. If husband and wife invest, then they will have to invest Rs 30 lakh and then both of you will get Rs 18,500 every month.
You can apply for pension scheme from here
You can get pension at 1 year, 6 months, 3 months and every month. It depends on which plan you have taken. This scheme can be taken both offline and online. You can buy online by visiting LIC’s website. You can also apply offline by visiting the branch of LIC. This plan is for 10 years. If the policyholder dies in the meantime, the basic amount will go to the nominee