Tag Archives: 842

PRADHAN-MANTRI-VAYA-VANDANA-YOJANA

LIC’s Pradhan Mantri Vaya Vandan Yojana 842

LIC’s  Pradhan Mantri Vaya Vandan Yojana Plan No 842 is a plan which is Government Subsidized Scheme. It provides Return of 8% P.A. payable monthly (Equivalent to 8.30 % p.a) during policy term of 10 years. This plan is for the citizens above 60 years.  Sum Assured: Yearly: Minimum Rs. 1,44,578/-  Maximum Rs. 7,22,892/- Half Yearly: Minimum Rs. 1,47,601/-  Maximum Rs. 7,38,007/- Quarterly: Minimum Rs. 1,49,068/-  Maximum Rs. 7,45,342/- Monthly: Minimum Rs. 1,50,000/-  Maximum Rs. 7,50,000/- Pension Rate: Yearly: 8.30 % Half Yearly: 8.13 % Quarterly: 8.05 % Monthly: 8.00 % Pension Limit: Yearly: Minimum Rs. 12,000/-  Maximum Rs. 60,000/- Continue Reading »