Pradhan Mantri Vaya Vandana Yojana
Pradhan Mantri Vaya Vandana Yojana The Central Government of India has declared that another annuity conspire named PMVVY (Pradhan Mantri Vaya Vandana Yojana) would be propelled in spending plan 2017-18 for Senior Citizens with an ensured rate of return. What is Pradhan Mantri Vaya Vandana Yojana The Pradhan Mantri Vaya Vandana Yojana is like Varishtha Pension Bima Yojana (2014) Scheme which was propelled amid 2014-15. This plan is reported for Indian Citizens matured 55 years or more. This plan was right off the bat presented in the Union Budget 2003-04 (Atal Vajpayee Ji's residency). A One-time premium installment of Rs 2.66 Lakh would give a deep rooted month to month benefits of Rs 2, 000 and the guaranteed return was 9% p.a. Highlights of the Scheme Here are the highlights of the Pradhan Mantri Vaya Vandana Yojana - Indian Citizens matured 60 years or more are qualified to put resources into PMVVY. The arrangement is open fo...