PM Vaya Vandana Yojana Flashcards

1
Q

What is PM Vaya Vandana Yojana ?

A

It is an insurance policy cum pension scheme

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2
Q

Eligibility ?

A

Senior citizens (>60yrs)

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3
Q

Max limit ?

A

15 lakhs per senior citizen

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4
Q

Term ?

A

10yrs

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5
Q

Assured rate of return ?

A

7.4% per annum

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