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PMVVY - Pradhan Mantri Vaya Vandana Yojana 2024

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Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-credit-card.html" title="SBI Credit Cards" aria-label="SBI Credit Cards">SBI Credit Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/indusind-credit-card.html" title="Indusind Bank Credit cards" aria-label="Indusind Bank Credit cards">Indusind Bank Credit cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/credit-card/top-10-credit-cards-in-india.html" title="Top 10 Credit Cards" aria-label="Top 10 Credit Cards">Top 10 Credit Cards</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-school mr-2 h-full"><path d="M14 22v-4a2 2 0 1 0-4 0v4"></path><path d="m18 10 4 2v8a2 2 0 0 1-2 2H4a2 2 0 0 1-2-2v-8l4-2"></path><path d="M18 5v17"></path><path d="m4 6 8-4 8 4"></path><path d="M6 5v17"></path><circle cx="12" cy="9" r="2"></circle></svg>Home Loans<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan.html" title="Compare Home Loans" aria-label="Compare Home Loans">Compare Home Loans</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/emi-calculator.html" title="Home Loan Calculator" aria-label="Home Loan Calculator">Home Loan Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-interest-rate.html" title="Home Loan Interest Rates" aria-label="Home Loan Interest Rates">Home Loan Interest Rates</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-eligibility.html" title="Home Loan Eligibility" aria-label="Home Loan Eligibility">Home Loan Eligibility</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-balance-transfer.html" title="Home Loan Transfer" aria-label="Home Loan Transfer">Home Loan Transfer</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/pradhan-mantri-awas-yojana.html" title="PMAY" aria-label="PMAY">PMAY</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-home-loan.html" title="SBI Home Loan" aria-label="SBI Home Loan">SBI Home Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-home-loan.html" title="HDFC Home Loan" aria-label="HDFC Home Loan">HDFC Home Loan</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Personal Loans<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan.html" title="Compare Personal Loans" aria-label="Compare Personal Loans">Compare Personal Loans</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan/emi-calculator.html" title="Personal Loan Calculator" aria-label="Personal Loan Calculator">Personal Loan Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan-interest-rate.html" title="Personal Loan Interest Rates" aria-label="Personal Loan Interest Rates">Personal Loan Interest Rates</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan-eligibility.html" title="Personal Loan Eligibility" aria-label="Personal Loan Eligibility">Personal Loan Eligibility</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-personal-loan.html" title="SBI Personal Loan" aria-label="SBI Personal Loan">SBI Personal Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-personal-loan.html" title="HDFC Personal Loan" aria-label="HDFC Personal Loan">HDFC Personal Loan</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Other Loans<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan.html" title="Car Loan" aria-label="Car Loan">Car Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/two-wheeler-loan.html" title="Two Wheeler Loan" aria-label="Two Wheeler Loan">Two Wheeler Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/education-loan.html" title="Education Loan" aria-label="Education Loan">Education Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gold-loan.html" title="Gold Loan" aria-label="Gold Loan">Gold Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/loan-against-property.html" title="Loan Against Property" aria-label="Loan Against Property">Loan Against Property</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-calculator mr-2 h-full"><rect width="16" height="20" x="4" y="2" rx="2"></rect><line x1="8" x2="16" y1="6" y2="6"></line><line x1="16" x2="16" y1="14" y2="18"></line><path d="M16 10h.01"></path><path d="M12 10h.01"></path><path d="M8 10h.01"></path><path d="M12 14h.01"></path><path d="M8 14h.01"></path><path d="M12 18h.01"></path><path d="M8 18h.01"></path></svg>Calculators<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/finance-tools/emi-calculator.html" title="EMI Calculator" aria-label="EMI Calculator">EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/emi-calculator.html" title="Home Loan EMI Calculator" aria-label="Home Loan EMI Calculator">Home Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan/emi-calculator.html" title="Personal Loan EMI Calculator" aria-label="Personal Loan EMI Calculator">Personal Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/emi-calculator.html" title="Car Loan EMI Calculator" aria-label="Car Loan EMI Calculator">Car Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/tax/income-tax-calculator.html" title="Income Tax Calculator" aria-label="Income Tax Calculator">Income Tax Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/fixed-deposit/fd-calculator.html" title="FD Calculator" aria-label="FD Calculator">FD Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/recurring-deposit/rd-interest-calculator.html" title="RD Calculator" aria-label="RD Calculator">RD Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/calculators.html" title="All Financial Calculators" aria-label="All Financial Calculators">All Financial Calculators</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Investments<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/fixed-deposit-rate.html" title="Fixed Deposit" aria-label="Fixed Deposit">Fixed Deposit</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/recurring-deposit-rates.html" title="Recurring Deposit" aria-label="Recurring Deposit">Recurring Deposit</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/savings-account.html" title="Savings Account" aria-label="Savings Account">Savings Account</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes.html" title="Saving Schemes" aria-label="Saving Schemes">Saving Schemes</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gold-rate-india.html" title="Gold Rate" aria-label="Gold Rate">Gold Rate</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/silver-rate-india.html" title="Silver Rate" aria-label="Silver Rate">Silver Rate</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/mutual-fund.html" title="Mutual Funds" aria-label="Mutual Funds">Mutual Funds</a></li></ul></div></details></div><span><a href="/credit-score.html" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 minW-auto bg-inherit text-inherit hover:bg-inherit no-underline h-auto text-wrap font-medium focus-visible:ring-0 w-full py-4"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-wallet-cards mr-2 h-full"><rect width="18" height="18" x="3" y="3" rx="2"></rect><path d="M3 9a2 2 0 0 1 2-2h14a2 2 0 0 1 2 2"></path><path d="M3 11h3c.8 0 1.6.3 2.1.9l1.1.9c1.6 1.6 4.1 1.6 5.7 0l1.1-.9c.5-.5 1.3-.9 2.1-.9H21"></path></svg><span class="flex-auto "><strong><p class="text-sm ">Credit Score</p></strong></span><img src="https://static.bankbazaar.com/images/common/bbicons-menu-free-badge.webp" alt="FREE" title="FREE" width="40" height="20" style="max-width:100%;display:inline"/></a></span><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-file-text mr-2 h-full"><path d="M15 2H6a2 2 0 0 0-2 2v16a2 2 0 0 0 2 2h12a2 2 0 0 0 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Utility Documents<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/pan-card.html" title="Pan Card" aria-label="Pan Card">Pan Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/aadhar-card.html" title="Aadhaar Card" aria-label="Aadhaar Card">Aadhaar Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/voter-id.html" title="Voter ID" aria-label="Voter ID">Voter ID</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/electricity-bill.html" title="Electricity Bill" aria-label="Electricity Bill">Electricity Bill</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/driving-licence.html" title="Driving Licence" aria-label="Driving Licence">Driving Licence</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/passport.html" title="Passport" aria-label="Passport">Passport</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/visa.html" title="Visa" aria-label="Visa">Visa</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gas-connection.html" title="Gas Connection" aria-label="Gas Connection">Gas Connection</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/ration-card.html" title="Ration Card" aria-label="Ration Card">Ration Card</a></li></ul></div></details></div><span><a href="/getapp.html" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 minW-auto bg-inherit text-inherit hover:bg-inherit no-underline h-auto text-wrap font-medium focus-visible:ring-0 w-full py-4"><span class="mr-2"><img src="https://static.bankbazaar.com/images/common/bbicons-menu-download-app.webp" alt="Download App" title="Download App" width="25" height="28" style="max-width:100%;display:inline"/></span><span class="flex-auto "><strong><p class="text-sm ">Download Mobile App</p></strong></span><img src="https://static.bankbazaar.com/images/common/bbicons-menu-android-star-badge.webp" alt="Badge" title="Badge" width="12" height="20" style="max-width:100%;display:inline"/></a></span><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-umbrella mr-2 h-full"><path d="M22 12a10.06 10.06 1 0 0-20 0Z"></path><path d="M12 12v8a2 2 0 0 0 4 0"></path><path d="M12 2v1"></path></svg>Insurance<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 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href="/saving-schemes/how-to-check-pf-status-online.html" title="Provident Fund Status" target="_blank" aria-label="Provident Fund Status">PF Status</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/all-about-epf-claim-status.html" title="PF Claim Status" target="_blank" aria-label="PF Claim Status">EPF Claim Status</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/uan.html" title="Universal Account Number" target="_blank" aria-label="Universal Account Number">UAN</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/know-about-epfo-universal-account-number.html" title="Universal Account Number Registration" target="_blank" aria-label="Universal Account Number Registration">UAN Registration</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline 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aria-label="Sukanya Samriddhi Calculator">Sukanya Samriddhi Calculator</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/atal-pension-yojana.html" title="Atal Pension Yojana" target="_blank" aria-label="Atal Pension Yojana">Atal Pension Yojana</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/pradhan-mantri-jan-dhan-yojana.html" title="Pradhan Mantri Jan Dhan Yojana" target="_blank" aria-label="Pradhan Mantri Jan Dhan Yojana">PMJDY</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/zero-balance-account-through-pm-jan-dhan-yojana.html" title="Zero Balance Account through PM Jan Dhan Yojana" target="_blank" aria-label="Zero Balance Account through PM Jan Dhan Yojana">Zero Balance Account through PMJDY</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/pradhan-mantri-vaya-vandana-yojana.html" title="Pradhan Mantri Vaya Vandana Yojana" target="_blank" aria-label="Pradhan Mantri Vaya Vandana Yojana">PMVVY</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/vpf.html" title="Voluntary Provident Fund" target="_blank" aria-label="Voluntary Provident Fund">VPF</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/kisan-vikas-patra.html" title="Kisan Vikas Patra" target="_blank" aria-label="Kisan Vikas Patra">Kisan Vikas Patra</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/senior-citizen-saving-scheme.html" title="Senior Citizen Savings Scheme" target="_blank" aria-label="Senior Citizen Savings Scheme">SCSS</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes/nsc.html" title="National Savings Certificate" target="_blank" aria-label="National Savings Certificate">NSC</a></li></ul></div></div><div data-inline-ad-position="LEFT_NAV"></div></aside></div><div class=" lg:col-span-10 md:col-span-10 col-span-12"><div class="flex flex-col gap-2.5 px-1"><div class="items-center flex gap-2.5"><h1 class="text-xl font-bold ">Pradhan Mantri Vaya Vandana Yojana</h1></div><div class="rounded-lg border border-slate-200 text-slate-950 shadow-sm dark:border-slate-800 dark:bg-slate-950 dark:text-slate-50 relative bg-primary-light"><div class="p-2.5"><div class="pr-md font-large" style="max-height:500px;overflow-y:auto"><h2 class="text-lg font-bold pt-5">What is pradhana mantri vaya vandaa yojana (PMVVY)?</h2><p class="text-base ">The <strong>Pradhan Mantri Vaya Vandana Yojana (PMVVY)</strong> is a social security scheme launched by the Government of India, managed by the <strong>Life Insurance Corporation of India (LIC)</strong>. It is aimed at providing financial security and a regular pension to senior citizens.</p></div></div></div><div><div class="mb-xl"><span style="background-color:#ffff009c" class="mb-xl"></span></div><div class="flex flex-col gap-1"><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_1&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_1" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check Your Credit Score Now">Check Your Credit Score Now</a></div><p class="text-base ">The Indian Government launched the <strong>Pradhan Mantri Vaya Vandana Yojana (PMVVY)</strong> on <strong>4 May 2017</strong>, valid for subscription until <strong>31 March 2020</strong>. In the <strong>2018-2019 Budget</strong>, the maximum limit for investment under the scheme was increased to <strong>₹15 lakh</strong> from the earlier limit of ₹7.5 lakh, enabling higher pension amounts for senior citizens.</p><p class="text-base ">This scheme was later extended multiple times, with the most recent subscription period ending on <strong>31 March 2023</strong></p><p class="text-base ">The scheme can be bought via <strong>online</strong> and <strong>offline</strong> modes from <strong>Life Insurance Corporation (LIC) of India</strong>. The main aim of the scheme is to provide senior citizens with a regular pension during the time when there is a fall in interest rates.</p><h2 class="text-lg font-bold pt-5">Eligibility for Pradhan Mantri Vaya Vandana Yojana</h2></div><div><div class="flex flex-col gap-1"><p class="text-base ">Given below are the eligibility criteria that individuals must meet in order to be eligible for the PMVVY scheme:</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>Minimum age of entry:</strong> The individual must be 60 years or higher.</li><li class="pt-1 pb-1"><strong>Maximum age of entry: </strong>There is no limit.</li><li class="pt-1 pb-1"><strong>Duration of the policy:</strong> The tenure of the policy is 10 years.</li></ol><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>Minimum pension that is earned:</strong> The minimum pension for a month, quarter, half-yearly, and yearly are Rs.1,000, Rs.3,000, Rs.6,000, and Rs.12,000, respectively.</li><li class="pt-1 pb-1"><strong>Maximum pension that can be earned:</strong> Rs.10,000, Rs.30,000, Rs.60,000, and Rs.1,20,000 is the maximum pension that can be earned for a month, quarter, half-yearly, and yearly, respectively.</li></ol><p class="text-base ">The entire family is considered when deciding the maximum pension ceiling. The family under this scheme consists of the pensioner, his/her dependents, and spouse.</p><h2 class="text-lg font-bold pt-5">Benefits of PMVVY Scheme</h2><p class="text-base ">Mentioned below are the benefits of the PMVVY scheme:</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">Under the scheme, the pensioner will receive an assured return of 8% p.a. for the policy duration of 10 years.</li><li class="pt-1 pb-1"><strong>Pension Payment:</strong> In case the pensioner survives the duration of the policy, the pension will be paid in arrears. The pensioner can also choose the mode by which the pension must be made.</li><li class="pt-1 pb-1"><strong>Death benefit:</strong> The purchase price will be paid back to the beneficiary if the pensioner passes away during the policy tenure.</li><li class="pt-1 pb-1"><strong>Maturity benefit:</strong> If the pensioner survives the entire policy tenure, the purchase price will be paid along with the final pension instalment.</li><li class="pt-1 pb-1"><strong>Loan facility:</strong> After completing 3 years of the policy, the pensioner can avail loans against the policy. A maximum of 75% of the purchase price can be availed as a loan. The interest on the loan will be recovered from the pension payment that is being made. In case any loan has been sanctioned up to 30 April 2018, the rate of interest is 10% p.a. and it is payable half-yearly throughout the entire policy term.</li><li class="pt-1 pb-1"><strong>Free-look period:</strong> The policyholder can surrender the policy within 15 days if he/she is not happy with the terms of the policy. However, the free-look period is 30 days if the policy is bought online. The purchase price after the deduction of stamp charges will be refunded to the policyholder.</li></ol><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_2&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_2" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check Your Credit Score Now">Check Your Credit Score Now</a></div><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Purchase Price payment</h2><p class="text-base ">Individuals can buy the scheme by paying the purchase price in a lump sum. The pensioner can either choose the purchase price amount or the pension amount he/she will receive. Under the different modes, the minimum and maximum pension prices are mentioned in the table below:</p><div class="relative w-full overflow-auto"><table class="w-full caption-bottom text-sm border"><thead class="[&amp;_tr]:border-b font-bold"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Pension mode</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Minimum Purchase Price (Rs.)</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base ">Maximum Purchase Price (Rs.)</p></td></tr></thead><tbody class="[&amp;_tr:last-child]:border-0"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Monthly</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">1,50,000</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">15,00,000</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Quarterly</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">1,49,068</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">14,90,683</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Half-yearly</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">1,47,601</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">14,76,015</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Yearly</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">1,44,578</p></td><td class="align-middle [&amp;:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">14,45,783</p></td></tr></tbody></table></div><p class="text-base ">The Purchase Price will be rounded to the nearest rupee when it is being charged.</p><h2 class="text-lg font-bold pt-5">Pension payment modes</h2><p class="text-base ">Monthly, quarterly, half-yearly, and annual modes are the different modes of payment that are available. The payment of pension must be done via Aadhaar Enabled Payment System or National Electronics Fund Transfer (<a href="/ifsc/national-electronics-fund-transfer-neft.html" target="_blank">NEFT</a>).</p><p class="text-base ">Depending on the mode of payment, the first transfer must be done within 1 month, 3 months, 6 months, or 1 year from the date the policy was bought.</p><h2 class="text-lg font-bold pt-5">Taxes on the Pradhan Mantri Vaya Vandana Yojana scheme</h2><p class="text-base ">If there are any Statutory Taxes that have been imposed by the Indian Government or another constitutional <a href="/tax.html" target="_blank">tax</a> Authority of India, they will be as per the tax laws and the <a href="/tax/income-tax-slabs.html" target="_blank">tax rates</a> that are applicable. For the calculation of benefits that are payable under the <strong>PMVVY</strong> scheme, the amount of tax that is paid will not be taken into account.</p><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Premature exit from the Pradhan Mantri Vaya Vandana Yojana scheme</h2><p class="text-base ">The requirement of money for treatment of terminal or critical illness for the policyholder of his/her spouse is the only circumstance where premature exit from the policy is allowed. 98% of the Purchase Price must be paid as the Surrender Value.</p><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_3&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_3" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check Your Credit Score Now">Check Your Credit Score Now</a></div><h2 class="text-lg font-bold pt-5">Examples of Pension Rates under the PMVVY scheme</h2><p class="text-base ">Mentioned below are the pension rates for a Purchase Price of Rs.1,000 under the various pension payment modes:</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>Monthly:</strong> Rs.80 p.a.</li><li class="pt-1 pb-1"><strong>Quarterly:</strong> Rs.80.50 p.a.</li><li class="pt-1 pb-1"><strong>Half-yearly:</strong> Rs.81.30 p.a.</li><li class="pt-1 pb-1"><strong>Yearly:</strong> Rs.83 p.a.</li></ol><p class="text-base ">The above-mentioned rates are determined without considering the age. The instalment of pension that is being paid will also be rounded off to the nearest rupee.</p><h2 class="text-lg font-bold pt-5">Exclusion of the Pradhan Mantri Vaya Vandana Yojana scheme</h2><p class="text-base "><strong>Suicide:</strong> The full purchase price is payable as there is no exclusion if the policyholder commits suicide.</p><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Frauds under the Pradhan Mantri Vaya Vandana Yojana scheme</h2><p class="text-base ">LIC can inform the insured in case of any fraud related to the policy within 3 years from:</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">The date from when the policy was issued.</li><li class="pt-1 pb-1">The date from when the risks commenced.</li><li class="pt-1 pb-1">The date from when the policy was revived.</li><li class="pt-1 pb-1">The date from when the rider was added to the policy, whichever is later.</li></ol><p class="text-base ">The insurer must also provide the insured or his/her legal representative, or nominees with the details on why such an action was taken, and these details must be given in writing. Fraud under such circumstances means an act that is committed by the insured or his/her agent with an aim to deceive the insurer.</p><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_4&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_4" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check Your Credit Score Now">Check Your Credit Score Now</a></div><h2 class="text-lg font-bold pt-5">How to Apply for Pradhan Mantri Vaya Vandana Yojana Scheme?</h2><p class="text-base ">Follow the steps mentioned below to apply for Pradhan Mantri Vaya Vandana Yojana scheme -</p><p class="text-base "><strong>Offline</strong></p><p class="text-base ">People must visit their local or preferred LIC branch to purchase this plan using the offline technique. People must fill out the application form and submit it with the necessary documentation and the specified amount after settling on their preferred purchase price or pension payout.</p><p class="text-base "><strong>Online</strong></p><p class="text-base "><strong>Step 1:</strong> Open the official website of<strong> LIC</strong></p><p class="text-base "><strong>Step 2: </strong>By scrolling down the website, select &quot;<strong>Buy Online Policies</strong>&quot; and then click the &quot;<strong>Click here</strong>&quot; button.</p><p class="text-base "><strong>Step 3: </strong>Select the &#x27;<strong>Pradhan Manti Vaya Vandana Yojana</strong>&#x27; option from the &#x27;<strong>Buy Policy Online</strong>&#x27; menu.</p><p class="text-base "><strong>Step 4: </strong>There will be a new page. Select &quot;<strong>Click to Buy Online</strong>&quot; from the menu.</p><p class="text-base "><strong>Step 5: </strong>Click the &quot;<strong>Proceed</strong>&quot; button after entering the contact information.</p><p class="text-base "><strong>Step 6: </strong>To finish the registration, submit the online application, upload the necessary papers, and click the &quot;<strong>Submit</strong>&quot; button.</p><div class="mb-2.5 py-1"><div class="grid grid-cols-12 gap-2.5"><div class=" lg:col-span-6 md:col-span-6 col-span-12"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>PMJDY Top Pages<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 columns-2"><li class=""><a href="/saving-schemes/pradhan-mantri-jan-dhan-yojana.html" title="Pradhan Mantri Jan Dhan Yojana" target="_black">Pradhan Mantri Jan Dhan Yojana</a></li><li class=""><a href="/saving-schemes/application-form-for-pradhan-mantri-jan-dhan-yojana.html" title="Application Form for Jan Dhan Yojana" target="_black">Application Form for Jan Dhan Yojana</a></li><li class=""><a href="/saving-schemes/how-to-transfer-old-accounts-under-jan-dhan-yojana.html" title="How to Transfer Old Accounts Under PMJDY" target="_black">How to Transfer Old Accounts Under PMJDY</a></li><li class=""><a href="/saving-schemes/zero-balance-account-through-pm-jan-dhan-yojana.html" title="Zero Balance Account through PMJDY" target="_black">Zero Balance Account through PMJDY</a></li><li class=""><a href="/saving-schemes/how-is-pradhan-mantri-jan-dhan-yojana-beneficial.html" title="PMJDY 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md:col-span-6 col-span-12"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Saving Schemes Popular Pages<!-- --> <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 columns-2"><li class=""><a href="/saving-schemes/epf.html" title="EPF" target="_black">EPF</a></li><li class=""><a href="/saving-schemes/uan.html" title="UAN" target="_black">UAN</a></li><li class=""><a href="/saving-schemes/how-to-login-to-epfo-member-portal.html" title="EPFO Login" target="_black">EPFO Login</a></li><li class=""><a href="/saving-schemes/how-to-check-your-epf-balance-online.html" title="EPF Balance" target="_black">EPF Balance</a></li><li class=""><a href="/saving-schemes/how-to-access-uan-account-after-changing-mobile-number.html" title="UAN Login" target="_black">UAN Login</a></li><li class=""><a href="/saving-schemes/know-about-epfo-universal-account-number.html" title="UAN Registration" target="_black">UAN Registration</a></li><li class=""><a href="/saving-schemes/pf-withdrawal-rules.html" title="PF Withdrawal Rules" target="_black">PF Withdrawal Rules</a></li><li class=""><a href="/saving-schemes/epf-e-passbook.html" title="PF Passbook" target="_black">PF Passbook</a></li><li class=""><a href="/saving-schemes/how-to-check-pf-status-online.html" title="PF Status Online" target="_black">PF Status Online</a></li><li class=""><a href="/saving-schemes/all-about-the-employee-pf-account-number.html" title="PF Account Number" target="_black">PF Account Number</a></li><li class=""><a href="/saving-schemes/nps.html" title="NPS" target="_black">NPS</a></li><li class=""><a href="/saving-schemes/sukanya-samriddhi-account-calculator.html" title="Sukanya Samriddhi Yojana Calculator" target="_black">Sukanya Samriddhi Yojana Calculator</a></li><li class=""><a href="/saving-schemes/atal-pension-yojana.html" title="Atal Pension Yojana" target="_black">Atal Pension Yojana</a></li><li class=""><a href="/saving-schemes/ppf.html" title="PPF" target="_black">PPF</a></li><li class=""><a href="/saving-schemes/kisan-vikas-patra.html" title="KVP" target="_black">KVP</a></li></ol></div></details></div></div></div></div><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&amp;WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_5&amp;utm_source=bb&amp;utm_medium=seo&amp;utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_5" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check Your Credit Score Now">Check Your Credit Score Now</a></div></div><h2 class="text-lg font-bold pt-4">FAQs On Pradhan Mantri Vaya Vandana Yojana</h2><ul class="list-decimal list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>What are the documents that must be submitted to invest in the PMVVY scheme?</strong><p class="text-base ">The list of documents that must be submitted to invest in the scheme are Permanent Account Number (PAN) Card, Proof of address such as Passport or Aadhaar Card and  Copy of the cheque leaf or the bank passbook&#x27;s first page must be submitted. The pension will be credited to that account.</p></li><li class="pt-1 pb-1"><strong>Are there any tax benefits offered for investments towards the scheme?</strong><p class="text-base ">Unlike other pension schemes, no tax benefits can be made for investments towards the PMVVY scheme.</p></li><li class="pt-1 pb-1"><strong>Up to when is the PMVVY policy open?</strong><p class="text-base ">After opening the policy for a short duration, an extension was made till 31 March 2023.</p></li><li class="pt-1 pb-1"><strong>What are the various modes by which I can invest in the scheme?</strong><p class="text-base ">You can invest in the scheme both online and offline. In case you wish to invest online, you can visit the official website of LIC and go to the &#x27;Pension Plans&#x27; section. In the case of the offline method, you can visit any LIC office and submit the application form.</p></li></ul><script type="application/ld+json" data-testid="faq-json-ld">{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What are the documents that must be submitted to invest in the PMVVY scheme?","acceptedAnswer":{"@type":"Answer","text":"The list of documents that must be submitted to invest in the scheme are Permanent Account Number (PAN) Card, Proof of address such as Passport or Aadhaar Card and&nbsp; Copy of the cheque leaf or the bank passbook's first page must be submitted. The pension will be credited to that account. ."}},{"@type":"Question","name":"Are there any tax benefits offered for investments towards the scheme?","acceptedAnswer":{"@type":"Answer","text":"Unlike other pension schemes, no tax benefits can be made for investments towards the PMVVY scheme."}},{"@type":"Question","name":"Up to when is the PMVVY policy open?","acceptedAnswer":{"@type":"Answer","text":"After opening the policy for a short duration, an extension was made till 31 March 2023."}},{"@type":"Question","name":"What are the various modes by which I can invest in the scheme?","acceptedAnswer":{"@type":"Answer","text":"You can invest in the scheme both online and offline. In case you wish to invest online, you can visit the official website of LIC and go to the 'Pension Plans' section. 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{"basename":"/","future":{"v3_fetcherPersist":true,"v3_relativeSplatPath":true,"v3_throwAbortReason":true,"unstable_singleFetch":false,"unstable_lazyRouteDiscovery":false,"unstable_optimizeDeps":false},"isSpaMode":false,"state":{"loaderData":{"root":{"namespace":"saving-schemes/pradhan-mantri-vaya-vandana-yojana","gtmId":"GTM-TRB8XL","wenEngageId":"~13410604b","appshell":true},"routes/default/route":{"productType":"ALL","categoryType":"SAVING_SCHEME","bankId":1001,"pageData":{"id":17714,"topContent":[{"type":"header","data":{"text":"What is pradhana mantri vaya vandaa yojana (PMVVY)?","level":2}},{"type":"paragraph","data":{"text":"The \u003cstrong\u003ePradhan Mantri Vaya Vandana Yojana (PMVVY)\u003c/strong\u003e is a social security scheme launched by the Government of India, managed by the \u003cstrong\u003eLife Insurance Corporation of India (LIC)\u003c/strong\u003e. It is aimed at providing financial security and a regular pension to senior citizens."}}],"hideOfferTable":true,"news":{"items":[]},"faqs":{"items":[{"answer":[{"data":{"text":"The list of documents that must be submitted to invest in the scheme are Permanent Account Number (PAN) Card, Proof of address such as Passport or Aadhaar Card and\u0026nbsp; Copy of the cheque leaf or the bank passbook's first page must be submitted. The pension will be credited to that account. "},"type":"paragraph"}],"question":"What are the documents that must be submitted to invest in the PMVVY scheme?"},{"answer":[{"data":{"text":"Unlike other pension schemes, no tax benefits can be made for investments towards the PMVVY scheme."},"type":"paragraph"}],"question":"Are there any tax benefits offered for investments towards the scheme?"},{"answer":[{"type":"paragraph","data":{"text":"After opening the policy for a short duration, an extension was made till 31 March 2023."}}],"question":"Up to when is the PMVVY policy open?"},{"answer":[{"data":{"text":"You can invest in the scheme both online and offline. In case you wish to invest online, you can visit the official website of LIC and go to the 'Pension Plans' section. In the case of the offline method, you can visit any LIC office and submit the application form."},"type":"paragraph"}],"question":"What are the various modes by which I can invest in the scheme?"}],"title":"FAQs On Pradhan Mantri Vaya Vandana Yojana"},"hungryForMore":[{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_1\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_1","linkText":"Check Your Credit Score Now"}},{"type":"paragraph","data":{"text":"The Indian Government launched the \u003cstrong\u003ePradhan Mantri Vaya Vandana Yojana (PMVVY)\u003c/strong\u003e on \u003cstrong\u003e4 May 2017\u003c/strong\u003e, valid for subscription until \u003cstrong\u003e31 March 2020\u003c/strong\u003e. In the \u003cstrong\u003e2018-2019 Budget\u003c/strong\u003e, the maximum limit for investment under the scheme was increased to \u003cstrong\u003e₹15 lakh\u003c/strong\u003e from the earlier limit of ₹7.5 lakh, enabling higher pension amounts for senior citizens."}},{"type":"paragraph","data":{"text":"This scheme was later extended multiple times, with the most recent subscription period ending on \u003cstrong\u003e31 March 2023\u003c/strong\u003e"}},{"type":"paragraph","data":{"text":"The scheme can be bought via \u003cstrong\u003eonline\u003c/strong\u003e and \u003cstrong\u003eoffline\u003c/strong\u003e modes from \u003cstrong\u003eLife Insurance Corporation (LIC) of India\u003c/strong\u003e. The main aim of the scheme is to provide senior citizens with a regular pension during the time when there is a fall in interest rates."}},{"type":"header","data":{"text":"Eligibility for Pradhan Mantri Vaya Vandana Yojana","level":2}},{"type":"paragraph","data":{"text":"Given below are the eligibility criteria that individuals must meet in order to be eligible for the PMVVY scheme:"}},{"type":"list","data":{"style":"unordered","items":[{"content":"\u003cstrong\u003eMinimum age of entry:\u003c/strong\u003e The individual must be 60 years or higher.","items":[]},{"content":"\u003cstrong\u003eMaximum age of entry: \u003c/strong\u003eThere is no limit.","items":[]},{"content":"\u003cstrong\u003eDuration of the policy:\u003c/strong\u003e The tenure of the policy is 10 years.","items":[]}]}},{"type":"list","data":{"style":"unordered","items":[{"content":"\u003cstrong\u003eMinimum pension that is earned:\u003c/strong\u003e The minimum pension for a month, quarter, half-yearly, and yearly are Rs.1,000, Rs.3,000, Rs.6,000, and Rs.12,000, respectively.","items":[]},{"content":"\u003cstrong\u003eMaximum pension that can be earned:\u003c/strong\u003e Rs.10,000, Rs.30,000, Rs.60,000, and Rs.1,20,000 is the maximum pension that can be earned for a month, quarter, half-yearly, and yearly, respectively.","items":[]}]}},{"type":"paragraph","data":{"text":"The entire family is considered when deciding the maximum pension ceiling. The family under this scheme consists of the pensioner, his/her dependents, and spouse."}},{"type":"header","data":{"text":"Benefits of PMVVY\u0026nbsp;Scheme","level":2}},{"type":"paragraph","data":{"text":"Mentioned below are the benefits of the PMVVY scheme:"}},{"type":"list","data":{"style":"unordered","items":[{"content":"Under the scheme, the pensioner will receive an assured return of 8% p.a. for the policy duration of 10 years.","items":[]},{"content":"\u003cstrong\u003ePension Payment:\u003c/strong\u003e In case the pensioner survives the duration of the policy, the pension will be paid in arrears. The pensioner can also choose the mode by which the pension must be made.","items":[]},{"content":"\u003cstrong\u003eDeath benefit:\u003c/strong\u003e The purchase price will be paid back to the beneficiary if the pensioner passes away during the policy tenure.","items":[]},{"content":"\u003cstrong\u003eMaturity benefit:\u003c/strong\u003e If the pensioner survives the entire policy tenure, the purchase price will be paid along with the final pension instalment.","items":[]},{"content":"\u003cstrong\u003eLoan facility:\u003c/strong\u003e After completing 3 years of the policy, the pensioner can avail loans against the policy. A maximum of 75% of the purchase price can be availed as a loan. The interest on the loan will be recovered from the pension payment that is being made. In case any loan has been sanctioned up to 30 April 2018, the rate of interest is 10% p.a. and it is payable half-yearly throughout the entire policy term.","items":[]},{"content":"\u003cstrong\u003eFree-look period:\u003c/strong\u003e The policyholder can surrender the policy within 15 days if he/she is not happy with the terms of the policy. However, the free-look period is 30 days if the policy is bought online. The purchase price after the deduction of stamp charges will be refunded to the policyholder.","items":[]}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_2\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_2","linkText":"Check Your Credit Score Now"}},{"type":"header","data":{"text":"Purchase Price payment","level":2}},{"type":"paragraph","data":{"text":"Individuals can buy the scheme by paying the purchase price in a lump sum. The pensioner can either choose the purchase price amount or the pension amount he/she will receive. Under the different modes, the minimum and maximum pension prices are mentioned in the table below:"}},{"type":"table","data":{"rows":[{"cols":[{"highlight":true,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Pension mode"},"type":"paragraph"}]},{"highlight":true,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Minimum Purchase Price (Rs.)"},"type":"paragraph"}]},{"highlight":true,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Maximum Purchase Price (Rs.)"},"type":"paragraph"}]}]},{"cols":[{"rowspan":1,"colspan":1,"content":[{"data":{"text":"Monthly"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"1,50,000"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"15,00,000"},"type":"paragraph"}]}]},{"cols":[{"rowspan":1,"colspan":1,"content":[{"data":{"text":"Quarterly"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"1,49,068"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"14,90,683"},"type":"paragraph"}]}]},{"cols":[{"rowspan":1,"colspan":1,"content":[{"data":{"text":"Half-yearly"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"1,47,601"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"14,76,015"},"type":"paragraph"}]}]},{"cols":[{"rowspan":1,"colspan":1,"content":[{"data":{"text":"Yearly"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"1,44,578"},"type":"paragraph"}]},{"rowspan":1,"colspan":1,"content":[{"data":{"text":"14,45,783"},"type":"paragraph"}]}]}]}},{"type":"paragraph","data":{"text":"The Purchase Price will be rounded to the nearest rupee when it is being charged."}},{"type":"header","data":{"text":"Pension payment modes","level":2}},{"type":"paragraph","data":{"text":"Monthly, quarterly, half-yearly, and annual modes are the different modes of payment that are available. The payment of pension must be done via Aadhaar Enabled Payment System or National Electronics Fund Transfer (\u003ca href=\"/ifsc/national-electronics-fund-transfer-neft.html\" target=\"_blank\"\u003eNEFT\u003c/a\u003e)."}},{"type":"paragraph","data":{"text":"Depending on the mode of payment, the first transfer must be done within 1 month, 3 months, 6 months, or 1 year from the date the policy was bought."}},{"type":"header","data":{"text":"Taxes on the Pradhan Mantri Vaya Vandana Yojana scheme","level":2}},{"type":"paragraph","data":{"text":"If there are any Statutory Taxes that have been imposed by the Indian Government or another constitutional \u003ca href=\"/tax.html\" target=\"_blank\"\u003etax\u003c/a\u003e Authority of India, they will be as per the tax laws and the \u003ca href=\"/tax/income-tax-slabs.html\" target=\"_blank\"\u003etax rates\u003c/a\u003e that are applicable. For the calculation of benefits that are payable under the \u003cstrong\u003ePMVVY\u003c/strong\u003e scheme, the amount of tax that is paid will not be taken into account."}},{"type":"header","data":{"text":"Premature exit from the Pradhan Mantri Vaya Vandana Yojana scheme","level":2}},{"type":"paragraph","data":{"text":"The requirement of money for treatment of terminal or critical illness for the policyholder of his/her spouse is the only circumstance where premature exit from the policy is allowed. 98% of the Purchase Price must be paid as the Surrender Value."}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_3\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_3","linkText":"Check Your Credit Score Now"}},{"type":"header","data":{"text":"Examples of Pension Rates under the PMVVY scheme","level":2}},{"type":"paragraph","data":{"text":"Mentioned below are the pension rates for a Purchase Price of Rs.1,000 under the various pension payment modes:"}},{"type":"list","data":{"style":"unordered","items":[{"content":"\u003cstrong\u003eMonthly:\u003c/strong\u003e Rs.80 p.a.","items":[]},{"content":"\u003cstrong\u003eQuarterly:\u003c/strong\u003e Rs.80.50 p.a.","items":[]},{"content":"\u003cstrong\u003eHalf-yearly:\u003c/strong\u003e Rs.81.30 p.a.","items":[]},{"content":"\u003cstrong\u003eYearly:\u003c/strong\u003e Rs.83 p.a.","items":[]}]}},{"type":"paragraph","data":{"text":"The above-mentioned rates are determined without considering the age. The instalment of pension that is being paid will also be rounded off to the nearest rupee."}},{"type":"header","data":{"text":"Exclusion of the Pradhan Mantri Vaya Vandana Yojana scheme","level":2}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eSuicide:\u003c/strong\u003e The full purchase price is payable as there is no exclusion if the policyholder commits suicide."}},{"type":"header","data":{"text":"Frauds under the Pradhan Mantri Vaya Vandana Yojana scheme","level":2}},{"type":"paragraph","data":{"text":"LIC can inform the insured in case of any fraud related to the policy within 3 years from:"}},{"type":"list","data":{"style":"unordered","items":[{"content":"The date from when the policy was issued.","items":[]},{"content":"The date from when the risks commenced.","items":[]},{"content":"The date from when the policy was revived.","items":[]},{"content":"The date from when the rider was added to the policy, whichever is later.","items":[]}]}},{"type":"paragraph","data":{"text":"The insurer must also provide the insured or his/her legal representative, or nominees with the details on why such an action was taken, and these details must be given in writing. Fraud under such circumstances means an act that is committed by the insured or his/her agent with an aim to deceive the insurer."}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_4\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_4","linkText":"Check Your Credit Score Now"}},{"type":"header","data":{"text":"How to Apply for Pradhan Mantri Vaya Vandana Yojana Scheme?","level":2}},{"type":"paragraph","data":{"text":"Follow the steps mentioned below to apply for Pradhan Mantri Vaya Vandana Yojana scheme -"}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eOffline\u003c/strong\u003e"}},{"type":"paragraph","data":{"text":"People must visit their local or preferred LIC branch to purchase this plan using the offline technique. People must fill out the application form and submit it with the necessary documentation and the specified amount after settling on their preferred purchase price or pension payout."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eOnline\u003c/strong\u003e"}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eStep 1:\u003c/strong\u003e Open the official website of\u003cstrong\u003e LIC\u003c/strong\u003e"}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eStep 2: \u003c/strong\u003eBy scrolling down the website, select \"\u003cstrong\u003eBuy Online Policies\u003c/strong\u003e\" and then click the \"\u003cstrong\u003eClick here\u003c/strong\u003e\" button."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eStep 3: \u003c/strong\u003eSelect the '\u003cstrong\u003ePradhan Manti Vaya Vandana Yojana\u003c/strong\u003e' option from the '\u003cstrong\u003eBuy Policy Online\u003c/strong\u003e' menu."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eStep 4: \u003c/strong\u003eThere will be a new page. Select \"\u003cstrong\u003eClick to Buy Online\u003c/strong\u003e\" from the menu."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eStep 5: \u003c/strong\u003eClick the \"\u003cstrong\u003eProceed\u003c/strong\u003e\" button after entering the contact information."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eStep 6: \u003c/strong\u003eTo finish the registration, submit the online application, upload the necessary papers, and click the \"\u003cstrong\u003eSubmit\u003c/strong\u003e\" button."}},{"type":"references","data":{"items":[{"items":[{"text":"Pradhan Mantri Jan Dhan Yojana","link":"/saving-schemes/pradhan-mantri-jan-dhan-yojana.html"},{"text":"Application Form for Jan Dhan Yojana","link":"/saving-schemes/application-form-for-pradhan-mantri-jan-dhan-yojana.html"},{"text":"How to Transfer Old Accounts Under PMJDY","link":"/saving-schemes/how-to-transfer-old-accounts-under-jan-dhan-yojana.html"},{"text":"Zero Balance Account through PMJDY","link":"/saving-schemes/zero-balance-account-through-pm-jan-dhan-yojana.html"},{"text":"PMJDY Benefits","link":"/saving-schemes/how-is-pradhan-mantri-jan-dhan-yojana-beneficial.html"},{"text":"How to Open PMJDY Account for Minor","link":"/saving-schemes/how-to-open-jan-dhan-yojana-account-for-a-minor.html"},{"text":"Pradhan Mantri Jan Dhan Yojana Eligibility","link":"/saving-schemes/pradhan-mantri-jan-dhan-yojana-account-eligibility-criteria.html"},{"text":"PMJDY Overdraft Facilities and Benefits","link":"/saving-schemes/pradhan-mantri-jan-dhan-yojana-overdraft-facilities-and-benefits.html"},{"text":"Small Account or Chota Khata Account Under Jan Dhan Yojana","link":"/saving-schemes/small-account-or-chota-khata-account-under-pmjdy.html"}],"title":"PMJDY Top Pages"},{"items":[{"text":"EPF","link":"/saving-schemes/epf.html"},{"text":"UAN","link":"/saving-schemes/uan.html"},{"text":"EPFO Login","link":"/saving-schemes/how-to-login-to-epfo-member-portal.html"},{"text":"EPF Balance","link":"/saving-schemes/how-to-check-your-epf-balance-online.html"},{"text":"UAN Login","link":"/saving-schemes/how-to-access-uan-account-after-changing-mobile-number.html"},{"text":"UAN Registration","link":"/saving-schemes/know-about-epfo-universal-account-number.html"},{"text":"PF Withdrawal Rules","link":"/saving-schemes/pf-withdrawal-rules.html"},{"text":"PF Passbook","link":"/saving-schemes/epf-e-passbook.html"},{"text":"PF Status Online","link":"/saving-schemes/how-to-check-pf-status-online.html"},{"text":"PF Account Number","link":"/saving-schemes/all-about-the-employee-pf-account-number.html"},{"text":"NPS","link":"/saving-schemes/nps.html"},{"text":"Sukanya Samriddhi Yojana Calculator","link":"/saving-schemes/sukanya-samriddhi-account-calculator.html"},{"text":"Atal Pension Yojana","link":"/saving-schemes/atal-pension-yojana.html"},{"text":"PPF","link":"/saving-schemes/ppf.html"},{"text":"KVP","link":"/saving-schemes/kisan-vikas-patra.html"}],"title":"Saving Schemes Popular Pages"}]}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_SS_BUTTON_17714_5\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_SS_BUTTON_17714_5","linkText":"Check Your Credit Score Now"}}],"breadCrumb":{"currentPageText":"PMVVY","otherLinks":[{"link":"/saving-schemes.html","text":"Saving Schemes"}]},"hideUserReviews":true,"hideEligForm":true,"metaDescription":"PMVVY - Pradhan Mantri Vaya Vandana Yojana is a pension scheme for senior citizens, offering regular income \u0026 assured returns for financial security.","h1Title":"Pradhan Mantri Vaya Vandana Yojana","metaTitle":"PMVVY - Pradhan Mantri Vaya Vandana Yojana 2024","metaKeyword":"Pradhan Mantri Vaya Vandana Yojana, PMVVY","interLinks":{"asLeftNav":true,"items":[{"title":"Important pages from Saving Schemes","items":[{"title":"Employee Provident Fund","link":"/saving-schemes/epf.html","text":"EPF"},{"title":"Employee Provident Fund Balance","link":"/saving-schemes/how-to-check-your-epf-balance-online.html","text":"EPF Balance"},{"title":"Provident Fund Withdrawal Rules","link":"/saving-schemes/pf-withdrawal-rules.html","text":"PF Withdrawal Rules"},{"title":"Employee Provident Fund Passbook","link":"/saving-schemes/epf-e-passbook.html","text":"EPF Passbook"},{"title":"Provident Fund Status","link":"/saving-schemes/how-to-check-pf-status-online.html","text":"PF Status"},{"title":"PF Claim Status","link":"/saving-schemes/all-about-epf-claim-status.html","text":"EPF Claim Status"},{"title":"Universal Account Number","link":"/saving-schemes/uan.html","text":"UAN"},{"title":"Universal Account Number Registration","link":"/saving-schemes/know-about-epfo-universal-account-number.html","text":"UAN Registration"},{"title":"Universal Account Number Login","link":"/saving-schemes/how-to-access-uan-account-after-changing-mobile-number.html","text":"UAN Login"},{"title":"Employee Provident Fund Organization Login","link":"/saving-schemes/how-to-login-to-epfo-member-portal.html","text":"EPFO Login"},{"title":"PF Balance Number","link":"/saving-schemes/how-to-check-epf-balance-sms.html","text":"PF Balance Number"},{"title":"Public Provident Fund","link":"/saving-schemes/ppf.html","text":"PPF"},{"title":"National Pension Scheme","link":"/saving-schemes/nps.html","text":"NPS"},{"title":"National Pension Scheme Calculator","link":"/saving-schemes/nps-calculator.html","text":"NPS Calculator"},{"title":"Sukanya Samriddhi Yojana Account","link":"/saving-schemes/sukanya-samriddhi-yojana-account.html","text":"Sukanya Samriddhi Yojana Account"},{"title":"Sukanya Samriddhi Calculator","link":"/saving-schemes/sukanya-samriddhi-account-calculator.html","text":"Sukanya Samriddhi Calculator"},{"title":"Atal Pension Yojana","link":"/saving-schemes/atal-pension-yojana.html","text":"Atal Pension Yojana"},{"title":"Pradhan Mantri Jan Dhan Yojana","link":"/saving-schemes/pradhan-mantri-jan-dhan-yojana.html","text":"PMJDY"},{"title":"Zero Balance Account through PM Jan Dhan Yojana","link":"/saving-schemes/zero-balance-account-through-pm-jan-dhan-yojana.html","text":"Zero Balance Account through PMJDY"},{"title":"Pradhan Mantri Vaya Vandana Yojana","link":"/saving-schemes/pradhan-mantri-vaya-vandana-yojana.html","text":"PMVVY"},{"title":"Voluntary Provident Fund","link":"/saving-schemes/vpf.html","text":"VPF"},{"title":"Kisan Vikas Patra","link":"/saving-schemes/kisan-vikas-patra.html","text":"Kisan Vikas Patra"},{"title":"Senior Citizen Savings Scheme","link":"/saving-schemes/senior-citizen-saving-scheme.html","text":"SCSS"},{"title":"National Savings Certificate","link":"/saving-schemes/nsc.html","text":"NSC"}]}]},"updatedOn":"24 Nov 2024","ogImage":{"src":"https://static.bankbazaar.com/images/social-share/bb-social-share-v1.jpg"}},"contextData":{"namespace":"saving-schemes/pradhan-mantri-vaya-vandana-yojana","productType":"ALL","categoryType":"SAVING_SCHEME","deviceType":"DESKTOP"}}},"actionData":null,"errors":null}};</script><script type="module" async="">import "/lp-assets/manifest-f1a2314f.js"; import * as route0 from "/lp-assets/root-DJnZuezO.js"; import * as route1 from "/lp-assets/route-BAfJONhu.js"; window.__remixRouteModules = {"root":route0,"routes/default/route":route1}; import("/lp-assets/entry.client-DcW77Zik.js");</script><script id="_webengage_script_tag" type="text/javascript"> function initializeWebEngage() { ! function(w, e, b, n, g) { function o(e, t) { e[t[t.length - 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