Pradhan Mantri Vaya Vandana Yojana

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf pension scheme
gptkbp:benefit No income tax benefit
gptkbp:deathBenefit purchase price returned to nominee
gptkbp:firstReleased 2017
https://www.w3.org/2000/01/rdf-schema#label Pradhan Mantri Vaya Vandana Yojana
gptkbp:implementedIn gptkb:Life_Insurance_Corporation_of_India
gptkbp:launched gptkb:Government_of_India
gptkbp:mainInterest 7.4% per annum (as of 2023)
gptkbp:maturityBenefit purchase price plus final pension installment
gptkbp:maximumInvestmentLimit Rs 15 lakh
gptkbp:maximumLoanAmount available after 3 years
gptkbp:minimumEntryAge 60 years
gptkbp:officialWebsite https://licindia.in
gptkbp:pensionPaymentMode monthly
quarterly
yearly
half-yearly
gptkbp:policyTerm 10 years
gptkbp:prematureExit allowed for critical illness
gptkbp:relatedGroup senior citizens
gptkbp:bfsParent gptkb:Prime_Minister_Narendra_Modi
gptkbp:bfsLayer 6