Now, it is time of senior citizen of our country to become their future secure via pradhan mantra varishtha bima yojana, which is more exciting, and leisure plan from government side. Recently, government launched a very important and helpful mutual plan for senior citizens where they will get utmost scheme under this plan. So let us start gossip about this plan that which kind of criteria it has in this plan. Actually, pradhan mantra varishtha bima yojana gives guarantee to senior citizen about their future security. It is a premium scheme. Government is organizing specifically for those senior citizens who have crossed age above 60 in their life.
According to trend here, senior citizens will receive highest return that they will not see in any governmental plan or scheme. This yojana has been start successfully and it will provide 9 to 9.50% interests per year according to market condition. Gathering has been start to know about this plan because it’s secure, easy and risk free plan where senior citizen feel enormous environment. Pradhan Mantri Varishtha Bima Yojana is very secure because LIC will handle these mutual fund activities, which is already famous for providing extraordinary services.
Pradhan Mantri Varishtha Bima Yojana
Pradhan Mantri Varishtha Pension Bima Yojana
Table of Contents
If you are individual senior citizen and have been completed 60 plus ages then you are applicable for this bima yojana. There is no maximum limit for entering in this plan because high age person will be first in this plan. Here, one thing we have to know about Pradhan Mantri Varishtha Pension Bima Yojana that it is a pension plan where we will get a secure pension every month after the maturity plan. The pension plan will start from 500 to 5000 per month, which will define according to your capacity. It will sure that you will get minimum 500 rupees per month and maximum 5000 rupees per month according to specialist’s discussion.
Here, we need to know about launching date because it’s not so old plan that is why we have to use it immediately. First time it was launch at 15 August 2014 when no plan was available for senior citizen as like this plan. We get many benefits from the plan that we do not receive from any other governmental plan. Here, we are going to start advantage of this plan that will double your excitement after reading it so keep reading carefully.
Suppose, if you are pensioner of this plan and you are taking advantage of this plan but unfortunately, if you died then we do not need to think about it because according to this plan government will refund our all money to nominee without any question.
Thus, if you buy this plan and complete maturity time then you will get pension continue into your account. Payment will be give to pensioner only in the account on annual basis. According to plan interest, you had chosen during purchase plan.
If you complete all aspect of this plan and do miss any step of this plan then you will get highest return, which will be 9 to 9.5% which we get very rare in our life from governmental plans. Here, you are free to manage your account that which type of payment mode you want with your account. You can set your pension plan according to monthly, quarterly, half yearly or yearly basis and there is no problem with this plan because it’s our property and it’s our wish that what we want.
Pradhan Mantri Varishtha Bima Yojana Details
Pradhan Mantri Varishtha Bima Yojana Online
This is the perfect news for us that we can handle this plan through online because we all are busy with our life schedule where we need to save time for other activities. Pradhan Mantri Varishtha Bima Yojana is Online and trustworthy for us. We just need to login details that we will get from our branch manager.
We have good news also with this plan that we can take loan upon this plan and there is no problem during loan session. Suppose, if you need money in urgent and you do not have in the account then you can take loan immediately upon this plan where you can take 75% loan amount on invested money. Loan interest will be same for you as well as normal person and interest amount will be deduct direct from your pension plan.
Pradhan Mantri Varishtha Bima Yojana Online
If you live in joint family, where you have more than 2 senior citizens then you can merge your account with a single account because it will be beneficial for you according to interest money purpose and you will get outstanding money return. It is important to know that the maturity time will be applicable for fifteen years and you will get pension after the maturity time. You are unable to debit your invest money before maturity time although, you will be eligible in the condition of sickness, accident, death purpose but you will not get desired interest rate as we will receive after maturity time.
If someone person debit invest money before maturity time then you will get only 98% money without adding any interest because you are not completing government’s rule. This offer is limited and reserved for little time after it you will not be eligible for it. If you want to know alternate plan of this scheme then you can visit our other post where you will get other governmental plan like Atal pension yojana, which already has been famous among Indians. If you have any kind of doubt then you can visit your nearest government branch with liable document.