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PMVVY
Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same date- LIC Pradhan Mantri Vaya Vandana Yojana to close for investment on March 31: Pension benefits, taxation, interest rate
- Pradhan Mantri Vaya Vandana Yojana (PMVVY): Who can apply, purchase price, how to buy
- Last date for higher EPS pension, PAN-Aadhaar linking, investing in PMVVY, other money deadlines of 2023With the arrival of new year 2023, there are many deadlines which an individual should know. These deadlines are monetary which impacts you...02 Jan, 2023, 10.36 AM IST
- PMVVY pension scheme: This important feature is due for reset on April 1Currently, the interest rate offered on Pradhan Mantri Vaya Vandana Yojana or PMVVY is 7.4% a year. The interest rate has been kept unchang...26 Mar, 2022, 10.41 AM IST
- Investing in PMVVY LIC pension scheme will not help in tax savingThe scheme allows premature exit during the policy term under exceptional circumstances like the pensioner requiring money for the treatmen...01 Mar, 2022, 01.48 PM IST
- Where should I invest Rs 60,000 to earn 12-15% return over the next three years?To earn double-digit annual returns, you will need to invest your corpus in equity mutual funds. Equity is a volatile asset class and curre...30 Jun, 2021, 09.31 AM IST
- Good news for senior citizens: PM Vaya Vandana Yojana pension scheme extended till March 31, 2023Pradhan Mantri Vaya Vandana Yojana scheme offered by LIC of India gives a guaranteed payout of pension at a specified rate for 10 years. It...29 Oct, 2020, 01.23 PM IST
- What should you do if your mutual fund schemes are not delivering good returns?Investment in equity-linked market products carry high risk and high return probability and thus it is recommended to route your capital th...09 Sep, 2020, 01.16 PM IST
- LIC modifies PM Vaya Vandana Yojana pension scheme for senior citizens: Check the details herePMVVY scheme is offered only by Life insurance Corporation (LIC) of India. The scheme gives a guaranteed payout of pension at a specified r...23 Jul, 2020, 09.46 AM IST
- I invested in PMVVY in Mar, cheque was encashed in Apr. Will I be registered under the new scheme?Pradhan Mantri Vaya Vandana Yojana (PMVVY) scheme offered by LIC of India gives a guaranteed payout of pension at a specified rate for 10 y...15 Jun, 2020, 11.13 AM IST
- Two investment options offering more than 7% for senior citizensFor senior citizen investors, safety and returns play an important role while choosing an investment product. For that, they can consider t...04 Jun, 2020, 09.32 AM IST
- Aadhaar becomes mandatory for PMVVY schemeFinance Ministry's notification suggests that if Aadhaar authentication fails due to poor biometrics or other reasons, then other methods f...26 Dec, 2019, 03.13 PM IST
- How to invest in Pradhan Mantri Vaya Vandana YojanaIt is a pension scheme available for senior citizens offering a guaranteed payout of pension at a specified rate for 10 years.30 Sep, 2019, 06.30 AM IST
- How to earn monthly income of Rs 40,000 from Rs 56 lakh investment?" To earn a pre-tax monthly income of Rs 40,000 on an investment of Rs 56 lakh, you need an annual return of 8.5%."12 Aug, 2019, 10.50 AM IST
- Which mutual fund schemes should I invest for 6-12 months?Liquid funds can generate around 6-7% returns in a year, while low duration funds can give 7-9%.29 Apr, 2019, 11.22 AM IST
- How much pension will Rs 10 lakh give per monthET Wealth tells you how much you are likely to earn if you invest Rs 10 lakh in an annuity plan compared to other options such as SCSS, PMV...04 Mar, 2019, 06.30 AM IST
- Budget 2018: FM proposes to increase PMVVY limit to Rs 15 lakh, seniors to benefitBudget 2018 proposes to increase investment limit to Rs. 15 lakh from the existing limit of Rs. 7.5 lakh per senior citizen.20 Dec, 2018, 06.15 PM IST
- New pension scheme offers 'respectable' returns to elders: FM Arun JaitleyPMVVY is a pension scheme exclusively for senior citizens (aged 60 years and above) which is available from May 4, 2017 to May 3, 2018.21 Jul, 2017, 10.39 PM IST
- Modi's gift to senior citizens: Should one invest in the 8% assured LIC pension scheme?The PMVVY has a term of ten years and provides a return in the range of 8 to 8.3 percent depending on the mode of pension that one chooses.08 Jun, 2017, 01.13 PM IST
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