Modi Government PMVVY Scheme: The Central Government is running Pradhan Mantri Vaya Vandana Yojana. Under this scheme, the pension is guaranteed to the beneficiary. This scheme was started by the Central Government on 26 May 2020.
If you also want to take advantage of this scheme, then you can apply for this scheme by 31 March 2023. Both husband and wife can take pension under this scheme after the age of 60. Know about this scheme.
What is Vaya Vandana Yojana?
Pradhan Mantri Vaya Vandana Yojana is a social security scheme. Under which there is a provision to give annual, quarterly or monthly pension to the applicant. Let us tell you that the Government of India has brought this scheme and this scheme is operated by the Life Insurance Corporation of India (LIC). Those people who are 60 years or more are eligible in this scheme. Under this scheme, they can invest a maximum of Rs 15 lakh. Let us tell you that earlier only Rs 7.5 could be invested in this scheme, but later this amount was increased to double. In this plan, compared to other plans, senior citizens get more interest.
How to get 51 thousand rupees a year
If both husband and wife want to take advantage of this scheme, then both will have to invest an amount of about Rs. An annual interest of 7.40 percent is also given on this scheme. Accordingly, the annual pension of the investor will be Rs 51 thousand 45. If you want to take this pension monthly, then every month you will get an amount of Rs 4100 as pension.
Will get full money after 10 years
Your investment in this scheme is for 10 years. You will be given annual or monthly pension for 10 years. If you remain in this scheme for 10 years, then after 10 years your investment will be returned to you. You can surrender in this plan anytime.