How much pension will I get from Pradhan Mantri Vaya Vandana Yojana ?






Vishnu Vishnu
Answered on March 31,2019

The minimum pension assured under the scheme is Rs.1000 per month which can go upto Rs.10,000 a month, depending on the principal invested.

Mode of Pension Minimum Pension Minimum Investment Maximum Pension Maximum Investment
         
Yearly 12,000 1,44,578 1,20,000 14,45,784
Half-Yearly 6,000 1,47,601 60,000 14,76,014
Quarterly 3,000 1,49,068 30,000 14,90,684
Monthly 1,000 1,50,000 10,000 15,00,000

As per the scheme, in order to get a minimum pension of Rs.1,000 per month, one should invest Rs. 1,50,000. Similarly, one can get a pension of Rs. 10,000 a month with investment of Rs.1,50,000.

Since the policy term is of 10 years, the policy purchaser gets back his principal with the final pension installment on completing 10 years.


Neha Neha
Answered on March 31,2019

Minimum Pension:

  • Rs. 1,000/- per month
  • Rs. 3,000/- per quarter
  • Rs.6,000/- per half-year
  • Rs.12,000/- per year

Maximum Pension:

  • Rs. 10,000/-per month
  • Rs. 30,000/-per quarter
  • Rs. 60,000/- per half-year
  • Rs. 1,20,000/- per year