Pradhan Mantri Vaya Vandana Yojana: Every person starts planning his retirement along with the job. After the age of 60, the regular salary of the people stops, but the expenses remain the same. In such a situation, you can invest in Pradhan Mantri Vaya Vandana Yojana, a great scheme of Modi government, so that you do not have any shortage of money later. This scheme was started on 4 May 2017. If you also want to get the benefit of pension every month by investing in this pension scheme, then you can invest in it till March 31, 2023. This scheme is run by the Life Insurance Corporation of India (LIC) keeping in mind the needs of the senior citizens of the country. Earlier, investors could invest Rs 7.5 lakh in this scheme, which has now been increased to Rs 15 lakh. If you also want to get pension every month after 60 years of age by investing in this scheme, then we are giving you information about the details of this scheme-
Getting so much interest on Prime Minister Vaya Vandana Yojana
Let us tell you that under the PMVVY scheme, investors are getting a return of 7.40% by the government. The special thing about this scheme is that both husband and wife can invest in this scheme. The maximum investment limit is Rs.15-15 lakhs. In such a situation, if you invest Rs 15 lakh with your wife, then after the age of 60, you will get Rs 18,300 in pension as pension every month.
How long can you invest in the scheme-
The deadline for this scheme will end on March 31, 2023. In such a situation, this festive season you can give yourself the gift of a secure future. If you want to get a pension of Rs 1,000 every month, then you can make a minimum investment of Rs 1.50. On the other hand, after investing Rs 15 lakh, you can get a pension of Rs 9,250 and after the age of 60, Rs 18,500 on investment of Rs 15 lakh for both wife and wife.
Apply for the scheme like this-
Let us tell you that the Pradhan Mantri Vaya Vandana Yojana is for 10 years only. You get pension every month for 10 years. After this, you will get the full amount back. If a policyholder dies before 10 years, then you will get the basic amount in full. With this, after starting the scheme, you can surrender from it at any time. On the other hand, talking about pension, you can get it on every month, quarter, half yearly or yearly basis. You can apply for this scheme by visiting LIC’s office.