with the rise in average life expectancy there is a need to provide the senior citizens with social security. Hence government of India came up with PMVVY to provide pension and hence income security.
Eligibility
A senior citizen above the age of 60 years of age will fall under the scheme.
Available for one year from the date of launch.
Features
- Will provide interest of over 8% for 10 years.
- NEFT of amount to pensioner at the end of selected time period.
- IF a pensioner dies during the policy term of 10 years, the purchase price would be refunded to the nominee.
- Minimum pension is of Rs. 1000 and maximum of Rs. 5000.
- After completion of 3 year , loan facility will also be available capped at 75% of the invested amount.
- The policy can be purchased by paying lum sum amount.
- No medical examination is required to buy the policy.
Final Destination for Goa PSC Notes and Tests, Exclusive coverage of GPSC Prelims and Mains Syllabus, Dedicated Staff and guidence GOAPSC Notes brings Prelims and Mains programs for GOAPSC Prelims and GOAPSC Mains Exam preparation. Various Programs initiated by GOAPSC Notes are as follows:-
- GOAPSC Mains Tests and Notes Program
- GOAPSC Prelims Exam 2024- Test Series and Notes Program
- GOAPSC Prelims and Mains Tests Series and Notes Program
- GOAPSC Detailed Complete Prelims Notes