LIC's Vaya Vandana Yojna
This plan is Exclusively Designed for Senior Citizens
Guaranteed Pension offered by Govt. of India
Pension starts Immediately
Pension can be opted through Yearly, Half Yearly, Quarterly and Monthly mode
Life Cover equivalent to Purchase Price
Loan is Available after completion of 3 Years
Guaranteed Maturity at the end of the Term
Option of Premature Exit in case of any Critical Illness
This Plan is exempted from Service Tax
Eligibility Criteria | |||
---|---|---|---|
Min. | Max. | ||
Age | 60 Years (Completed) | No Limit | |
Term | 10 Years | 10 Years | |
Pension | Rs.1000 Monthly Rs.3000 Quarterly Rs. 6000 Half-Yearly Rs.12,000 Yearly |
Rs.10000 Monthly Rs.30000 Quarterly Rs.60000 Half-Yearly Rs.1,20,000 Yearly |
|
Pension Modes Available | Yearly, Half-yearly, Quarterly & Monthly |
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