Pradhan Mantri Vaya Vandana Yojna (PMVVY)
Pradhan Mantri Vaya Vandana Yojna (PMVVY)

Pradhan Mantri Vaya Vandana Yojna (PMVVY)


PM Vaya Vandana Yojna is a Pension scheme to protect Senior Citizens from unpredictable market conditions and to provide them with a certain level of financial security.

Eligibility criteria

To invest in the PMVVY Pension schemes, the applicant must be above 60 years of age Indian citizen Applicant Should Be ready to avail of the policy terms of 10 years.

Full Overview of Atal Pension Yojna

Name of SchemePradhan Mantri Vaya Vandana Yojana
Launched byHon’ble Prime Minister Of India, Narendra Modi 
Covered AreaAll India
ObjectivesProvide pension basis Policy Holder Investments
Incentive7.5% annual interest On Investment
BeneficiaryRetired Policy Holder
Application StartsAlways Open
Process Offline/Online Registration
Official Website

Benefits PMVVY Scheme

PMVVY offers a guaranteed payout with an assured return of 7.50% per annum (this is for 2020-2021)

This annual interest can be changed by the declaration of PM.

Required Documents

  • Aadhaar card
  • Proof of age
  • Proof of address
  • Passport size photo of the applicant
  • Documents indicating that the applicant has retired from employment

How To Apply For PMVVY Scheme

This Scheme Can be applied online and offline both

Here is the process of how to apply in Online

  • Go to
  • Click Buy Policy Online
  • Click Pradhan Mantri Vaya Vandana Yojna
  • Now you will see the form
  • Submit it along with the required documents

Offline Process

Go to the Nearest LIC branch Office and Say to the LIC Executive that You want To buy A PMVVY insurance. They will do your work

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