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How much pension will I get from Pradhan Mantri Vaya Vandana Yojana ?
How much pension will I get from Pradhan Mantri Vaya Vandana Yojana ?
![Vishnu](/assets/images/user-pic.jpg)
Answered on March 31,2019
The minimum pension assured under the scheme is Rs.1000 per month which can go upto Rs.10,000 a month, depending on the principal invested.
Mode of Pension | Minimum Pension | Minimum Investment | Maximum Pension | Maximum Investment |
Yearly | 12,000 | 1,44,578 | 1,20,000 | 14,45,784 |
Half-Yearly | 6,000 | 1,47,601 | 60,000 | 14,76,014 |
Quarterly | 3,000 | 1,49,068 | 30,000 | 14,90,684 |
Monthly | 1,000 | 1,50,000 | 10,000 | 15,00,000 |
As per the scheme, in order to get a minimum pension of Rs.1,000 per month, one should invest Rs. 1,50,000. Similarly, one can get a pension of Rs. 10,000 a month with investment of Rs.1,50,000.
Since the policy term is of 10 years, the policy purchaser gets back his principal with the final pension installment on completing 10 years.
![Neha](/assets/images/user-pic.jpg)
Answered on March 31,2019
Minimum Pension:
- Rs. 1,000/- per month
- Rs. 3,000/- per quarter
- Rs.6,000/- per half-year
- Rs.12,000/- per year
Maximum Pension:
- Rs. 10,000/-per month
- Rs. 30,000/-per quarter
- Rs. 60,000/- per half-year
- Rs. 1,20,000/- per year