Saturday, January 30, 2021

LIC Pradhan Mantri Vaya Vandana Yojana - PMVVY plan - Senior Citizen plan - 7.6% - Rate of Interest for next 10 years - Buy LIC PMVVY

LIC Pradhan Mantri Vaya Vandana  Yojana - PMVVY plan - 2020 Modified plan



The Government of India has introduced Pradhan Mantri Vaya Vandana Yojana, with the modified rate of pension under this plan and extended the period of sale of this plan for a further period of three years from Financial Year 2020-21 till 31st March 2023. LIC PMVVY is a Non-Linked, Non-Participating, Pension Scheme subsidized by the Government of India

As per the terms and conditions under this plan, guaranteed rates of pension for policies sold during the year will be reviewed and decided at the beginning of each year by the Ministry of Finance, Government of India. For the first financial year i.e. up to 31st March 2021, the Scheme will provide an assured pension of 7.40% p.a. payable monthly. 


LIC Pradhan Mantri Vaya Vandana  Yojana - PMVVY plan - Senior Citizen plan - 7.6% - Rate of Interest for next 10 years - Buy LIC PMVVY



LIC Pradhan Mantri Vaya Vandana  Yojana - PMVVY plan - Senior Citizen plan - 7.6% - Rate of Interest for next 10 years - Buy LIC PMVVY


LIC Pradhan Mantri Vaya Vandana  Yojana - PMVVY plan - Senior Citizen plan - 7.6% - Rate of Interest for next 10 years - Buy LIC PMVVY


Investment type: 

  • Single Investment

Mode of Annuity payment: 

  • Yearly, Half Yearly, Quarterly, Monthly

BENEFITS:

On Death: 

  • On the death of the Life Assured during the policy term Sum Assured shall be payable.

On Maturity: 

  • On survival to the end of the policy term, Purchase price + Final pension instalment shall be payable.

PENSION PAYMENT: 

  • Pension in arrears (at the end of each period as per mode chosen by the pensioner) shall be payable.

MODE OF PREMIUM:

  • Single Year Payment

SURRENDER VALUE:

  • Surrender Value of 98% of the Purchase price shall be payable, under exceptional circumstances like the Pensioner requiring money for the treatment of any critical or terminal illness of self or spouse.

LOAN:

  • At least two full years of premium payment to apply for a loan facility Maximum Loan that can be granted shall be 75% of the Purchase price. 

1 comment:

  1. उत्तर प्रदेश के मुख्यमंत्री श्री योगी आदित्यनाथ जी के माध्यम से प्रदेश के गरीब परिवारों को घर मुहैया कराने के लिए 21 अप्रैल को पंडित दिन दयाल उपाध्याय आवास योजना की शुरुआत कर दी गई है। Uttar Pradesh के ऐसे गरीब परिवार जिनकी आय काफी कम है उन्हें Pandit Deen Dayal Upadhyay Awas Yojana के जरिए आवास दिया जाएगा।

    तो फिर आई पूरी जानकारी के लिए यहां पर क्लिक करें : Pandit Deen Dayal Upadhyay Awas Yojana

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