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Pradhan Mantri Vaya Vandana Yojana (PMVVY) News

Pradhan Mantri Vaya Vandana Yojana

20 Oct 2022

Pradhan Mantri Vaya Vandana Yojana: Pay once, get Rs 10,000 per month

The scheme was launched on May 26, 2020. Couples have the option to invest till March 31, 2023. The scheme is operated by LIC.

Prime Minister Narendra Modi

31 Jul 2017

'Benefit chain' of GST should continue, PM Modi tells MPs

Modi asked them to ensure that senior citizens get maximum benefits under various welfare schemes, including a new pension scheme, 'Pradhan Mantri Vaya Vandana Yojana (PMVVY)', under which they will get 8 per interest on their deposits.

Finance Minister Arun Jaitley

21 Jul 2017

Arun Jaitley launches pension plan for senior citizens with 8% assured return

"Banks have to lend at feasible rates, while senior citizens want secure, reasonable, unfluctuating return on their investment," Jaitley said here launching the pension scheme -- Pradhan Mantri Vaya Vandana Yojana (PMVVY).

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