Senior citizens will get Rs 1.1 lakh from this pension scheme

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PM Pension Yojana: For senior citizens, the government runs many schemes for their safe future. One of which is PM Pension Yojana. Under this pension scheme, all the aged folks above 60 years can get a pension of up to Rs 1.1 lakh yearly. Yes, the title of this pension scheme is Pradhan Mantri Vaya Vandana Yojana (PM Vaya Vandana Yojana). This scheme was began to meet the financial wants of the aged and to make them financially self-reliant. Let us inform you that the duty of working this scheme has been given to LIC.

PM Pension Yojana

PM Pension Yojana

To take profit under PM Pension (*60*), you have to make investments in it. Investing in this scheme is a secure and worthwhile possibility. In this, you can prepare financial safety for your outdated age, which will be given to you in the form of pension after 60 years. Let us inform you that you will get this pension in 4 choices. Whichever possibility you select from this, on that foundation you will start getting month-to-month, quarterly, half yearly or yearly foundation.

investment age limit

If you are also prepared to make investments in this scheme, then for your data, allow us to inform you that there is no most age for investment in this. You can enter it even after 60 years.

PM Pension Yojana Avadhi?

The period for PM Pension (*60*) was until March 31, 2020. But allow us to inform you that now the period of this scheme has been prolonged until March 2023.

How a lot has to be invested?

Let us inform you that a particular person can make investments up to a most of Rs 15 lakh in this. Please be aware that in this scheme you have to deposit a lump sum quantity. After this your pension will be began. For which you have to select the possibility of month-to-month, quarterly, half yearly or yearly from the given choices at your comfort.

How a lot do you get pension?

By investing Rs 1,62,162 in this scheme, you can get a pension of Rs 1000 per month. When you make investments Rs 15 lakh, the most pension is Rs 9,250 per month, quarterly Rs 27,750, half yearly Rs 55,500 and annual pension up to Rs 1,11,000.

How can I make investments?

To make investments in Pradhan Mantri Pension Yojana, you can purchase this coverage by registering your self by visiting the official website of LIC. Or you can also make investments for this by visiting LIC’s workplace through offline means. For detailed data associated to the scheme, you can get data on 022-67819281 or 022-67819290. Apart from this you can also contact on toll-free number – 1800-227-717.

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