Premium Calculator – Pradhan Manthri Vaya Vandana Yojana (Plan No: 842)

Pradhan Manthri Vaya Vandana Yojana (PMVVY) ia a government subsidised pension scheme exclusively for senior citizens. This pension scheme is launched by Government of India with LIC as the exclusive administrator. This scheme guarantees an effective yield of 8% for monthly pension, which is equivalent to 8.3 % per annum. Premium Calculator for Pradhan Manthri Vaya Vandana Yojana provided here will guide you regarding the premium and pension available for this scheme.

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Calculate the available pension from the desired purchase price – PMVVY
Calculate purchase price required from the desired pension – PMVVY.

Read Complete details of Pradhan Manthri Vaya Vandana Yojana (PMVVY)

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Anish L J
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Anish L J

Anish L J is a 'Financial Planner' and member of Chartered Insurance Institute(CII), London. He is also a finance, insurance and software consultant with more than 20 years of experience in these fields. He thoroughly follows developments in insurance and finance. 'INSURANCE FUNDA' (www.insurancefunda.in) is his endeavor to provide simple and solid solutions in the Insurance and Finance sectors.
Anish L J
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