Pension Plan for Senior Citizen:Government brought new scheme for senior citizens, will get Rs 18500 pension every month
New Pension Plan: From childhood to old age, many schemes are currently running in the country, where some investment can improve your life. 60 years is that age in today’s era, when we want to spend the rest of our life happily and peacefully. In such a situation, Pradhan Mantri Vaya Vandana Yojana can give you a lot of benefit in the future. This is a pension scheme. Monthly pension will be given after retirement. In this scheme, both husband and wife together can take a pension of Rs 18500. There is no possibility of loss and you will get back the entire investment with interest after 10 years.
You can invest till March 31, 2023
The scheme was launched by the government on 26 May 2020. You can invest in this till 31 March 2023. Pradhan Mantri Vaya Vandana Yojana is a social security scheme and pension scheme. It was brought by the Government of India. It is run by the Life Insurance Corporation of India (LIC). The maximum limit of investment under this scheme has been fixed at Rs 15 lakh.
take more advantage like this
There is also a plan in this that if both husband and wife have crossed the age of 60 years, then they can invest Rs 15 lakh separately. Earlier the investment limit by an individual was Rs 7.5 lakh, which will be doubled later. Explain that in this scheme, senior citizens will get more interest on investing as compared to other schemes. In this scheme people who are 60 years or above can choose monthly or annual pension plan.
information about pension
If a married couple invests Rs 15 lakh in this scheme, then the total becomes Rs 30 lakh. The interest on this scheme is 7.40 per cent per annum. This means your annual interest on investing will be Rs 222000. When it is divided in 12 months, it will be Rs 18500. You will get this as pension every month.
On the other hand, if only 1 person wants to invest in this scheme, then he can get an annual interest of Rs 111000 on an investment of 15 lakhs and he will get a monthly pension of Rs 9250.
All payment will be returned in 10 years
This plan is for 10 years. However, pension will continue to be received every month on your deposited money. If you stay in the scheme for 10 years, then after 10 years you will get back your invested money. At the same time, you can leave this plan anytime.