Varishtha pension Bima yojna- New plan relaunch for 1 year (15th august 2014 to 14th august 2015). for the welfare of the senior citizens of our country, the Govt. of India announces a subsidized and attractive pension scheme with LIC.
Eligibility for Varishtha pension Bima Yojna :
Age 60 and Above.
Single lump sum premium
Minimum RS 66,665
Maximum RS 6,66,665
Minimum Pension RS 500 per month
Maximum Pension RS 5000 per month
Assumed Return of 9% monthly (9.38% Annually)
Pension payment period - monthly, quarterly, half yearly and yearly
on Death of the pensioner, Nominee will receive the purchase price .
Best plan Introduced by BJP Govt., its a best gift one can give to his old parents , because it offers long time confirm pension, which will help old person to pay his medical bills or to spend on social responsibilities..but amount increased to make 10000/ month pension..
Eligibility for Varishtha pension Bima Yojna :
Age 60 and Above.
Single lump sum premium
Minimum RS 66,665
Maximum RS 6,66,665
Minimum Pension RS 500 per month
Maximum Pension RS 5000 per month
Assumed Return of 9% monthly (9.38% Annually)
Pension payment period - monthly, quarterly, half yearly and yearly
on Death of the pensioner, Nominee will receive the purchase price .
Best plan Introduced by BJP Govt., its a best gift one can give to his old parents , because it offers long time confirm pension, which will help old person to pay his medical bills or to spend on social responsibilities..but amount increased to make 10000/ month pension..
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