with the rise in average life expectancy there is a need to provide the senior citizens with social security. Hence government of India came up with PMVVY to provide pension and hence income security.
A senior citizen above the age of 60 years of age will fall under the scheme.
Available for one year from the date of launch.
- Will provide interest of over 8% for 10 years.
- NEFT of amount to pensioner at the end of selected time period.
- IF a pensioner dies during the policy term of 10 years, the purchase price would be refunded to the nominee.
- Minimum pension is of Rs. 1000 and maximum of Rs. 5000.
- After completion of 3 year , loan facility will also be available capped at 75% of the invested amount.
- The policy can be purchased by paying lum sum amount.
- No medical examination is required to buy the policy.
Final Destination for Haryana PSC Notes and Tests, Exclusive coverage of HPSC Prelims and Mains Syllabus, Dedicated Staff and guidence for HPSC Exams HPSC Notes brings Prelims and Mains programs for HPSC Prelims and HPSC Mains Exam preparation. Various Programs initiated by HPSC Notes are as follows:-
- HPSC Mains Tests and Notes Program
- HPSC Prelims Exam 2020- Test Series and Notes Program
- HPSC Prelims and Mains Tests Series and Notes Program
- HPSC Detailed Complete Prelims Notes