PM Vaya Vandana Yojana
₹
₹1,62,162₹15,00,000
Min: ₹1,62,162 (for ₹1,000/month pension) | Max: ₹15,00,000
%
5%10%
Scheme Highlights
- Tenure: 10 years (fixed)
- Age: 60 years and above
- Max Investment: ₹15 lakh per senior citizen
- Operated by: LIC of India
- Return: Purchase price returned at maturity
Loan Facility
Loan up to 75% of purchase price available after 3 years
Max Loan Available₹11,25,000
Monthly Pension
₹9,250
Regular pension income
Monthly Equivalent
₹9,250
Effective monthly income
10-Year Returns
Breakdown
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Pension Summary
Investment Amount₹15,00,000
Interest Rate7.4% p.a.
Policy Tenure10 years
Monthly Pension₹9,250
Annual Pension₹1,11,000
Total Pension (10 years)₹11,10,000
Maturity Amount (Principal)₹15,00,000
Total Returns₹26,10,000
Effective Yield74.0%
Year-wise Pension
| Year | Annual Pension | Cumulative |
|---|---|---|
| Year 1 | ₹1,11,000 | ₹1,11,000 |
| Year 2 | ₹1,11,000 | ₹2,22,000 |
| Year 3 | ₹1,11,000 | ₹3,33,000 |
| Year 4 | ₹1,11,000 | ₹4,44,000 |
| Year 5 | ₹1,11,000 | ₹5,55,000 |
| Year 6 | ₹1,11,000 | ₹6,66,000 |
| Year 7 | ₹1,11,000 | ₹7,77,000 |
| Year 8 | ₹1,11,000 | ₹8,88,000 |
| Year 9 | ₹1,11,000 | ₹9,99,000 |
| Year 10 | ₹1,11,000 | ₹11,10,000 |
Tax Note: Pension received is taxable as per your income tax slab. No TDS is deducted. Investment does not qualify for 80C deduction.