Prime Minister Vay Vandana Scheme 2020

Prime Minister Vay Vandana Scheme 2020

Pradhan Mantri Vaya Vandana Yojana (PMVVY) 2020: Pradhan Mantri Vay Vandana Yojana (PMVVY) Form and complete details 2020 | Pradhan Mantri Vay Vandana Yojana | LIC Chief Minister Vay Vandana Yojana | If you also invest in the Prime Minister's Vandana Yojana. Vayana Vandana Scheme |

Pradhan Mantri Vay Vandana Yojana (PMVVY 2020) | Can two members of a family avail this scheme? What is the minimum age to take benefit of Vayana Vandana Scheme? Is it possible to apply online for Pradhan Mantri Vaya Vandana Yojana? Prime Minister's expenditure Vandana Yojana: (Prime Minister Vay Vandana Yojana-PMVVY) started.
Pradhan Mantri Vay Vandana Yojana (Prime Minister's expenditure Vandana scheme information in Hindi):

Pradhan Mantri Spend Vandana Yojana (PMVVY scheme) is a pension scheme launched by the central government for elderly citizens above 60 years of age. The amount of investment in this scheme has been increased to 15 lakhs by the government.
PMVVY Scheme:

The scheme was launched in May 2017. The duration of the scheme will be for 10 years in which the mill can be got with 8% interest rate. You can get the details of the benefits (benefits), qualifications (qualifications) etc. of this Pradhan Mantri Vaya Vandana Yojana through this post.
PMVVY Scheme in Hindi (LIC Pension Scheme):

Various types of government schemes have been launched in the country by Prime Minister Narendra Modi. In the same series, the Pradhan Mantri Spend Vandana Yojana was started in the year 2017. This scheme has been started for senior citizens of India who are over 60 years of age.
It is a pension scheme being operated in collaboration with LIC India. The last date for availing the policy has been kept till 31 March 2020. PMVVY can deposit from Rs 1.5 lakh to Rs 15 lakh in pension scheme. Initially the maximum amount of investment in the scheme was kept up to 7 lakhs, which has now been increased to 15 lakhs.

In this post, we have given information about investment amount, interest rate, minimum pension amount, term of policy etc. in Pradhan Mantri Vaya Vandana Yojana. So, you should read this post completely so that you can understand better about this PMVVY Pension Scheme Hindi (Yojana).
The Union Cabinet meeting approved the proposal to extend the tenure of the Prime Minister Vay Vandana Yojana (PMVVY) next year.

The scheme earlier expired on March 31, 2020. But now after this approval, the term of PM expenditure Vandana scheme has been extended till 31 March 2023. Pradhan Mantri Vayu Vandan Yojana is a scheme for senior citizens, under which the option provides monthly pension. Under this scheme, senior citizens get a fixed rate pension for 10 years,

1.50 Lakh is required to be deposited
Under this scheme, the amount has to be deposited at one time. This amount can be minimum Rs 1.50 lakh and maximum Rs 15 lakh. The pensioner will have the right to charge interest either as a pension or as a lump sum.

8 percent compensation
Under PMVVY, a fixed return of 8 to 8.30 percent is given every year on the amount deposited. The rate of interest is based on monthly, quarterly, biennial or annual, with the pensioner taking the pension amount. Pensioners will get 8% interest per month, while annual pension will be 8.30%.
Who will avail this scheme?

PMVVY is for citizens above 60 years of age. Under this scheme, pension is guaranteed for 10 years with an annual guarantee of 8%. With the increase in investment limit, senior citizens are guaranteed a maximum of Rs 10,000 per month and a minimum of Rs 1,000 per month.

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Compensation guarantee
Interest is earned as a pension only. That is, if you deposit 15 lakh rupees, you will get interest of 1 lakh 20 thousand rupees for the year at the rate of 8%. The same interest rate of 10-10 thousand rupees per month, 30-30 thousand rupees every three months, twice a year or once a year, 60-60 thousand rupees, one lakh 20 thousand rupees as pension.
The only difference is that the interest rates on other deposits are reviewed by the government, while the interest rates on PMVVY are fixed.

The total amount of pension received by each of them should not exceed Rs. 10,000. The pensioner's family includes the wife and their dependents in addition to the pensioner.

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