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14 Feb 2017 The government approved 8% guaranteed LIC's Varishtha Pension Bima Yojana 2017 for FY 2017-18. Let us see the features, benefits, and review.
15 Jul 2016 LIC VARISHTHA PENSION BIMA YOJANA 80C Pension Scheme for Senior Citizens What is Varistha Pension Yojana • It is a senior citizen pension scheme • This scheme is launched by government of India and incorporated by LIC in 2014-2015 again • This scheme is offered a return of 9.3% Per annum
30 Jun 2017 However, services of life insurance business provided under schemes such as Janashree Bima Yojana (JBY) or Aam Aadmi Bima Yojana (AABY), life micro-insurance product as approved by the Insurance Regulatory and Development Authority having maximum cover of ?50,000, Varishtha Pension Bima
31 Mar 2015 11,63,604. NEW BUSINESS DURING THE YEAR 2014-15. Composite. 201.71*. 78302.64*. Market Share (%). 77.85. 69.21. *Excluding Business procured under Varishtha Pension Bima Yojna. Policies (In lacs). First Year Premium. Income ( in crore). VARISHTA PENSION BIMA YOJANA. 138434. 3613.17.
27 May 2017 Pradhan Mantri Vaya Vandana Yojana (PMVVY) was announced by the government in Budget 2017. The ambitious scheme aims to provide social security to the senior citizens. PMVVY works on the similar lines of the erstwhile Varishtha Pension Bima Yojana (VPBY) launched by the government during
24 Jan 2017 The scheme will be implemented through Life Insurance Corporation of India (LIC) during the current financial year. It will provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme
24 Jan 2017 Cabinet today approved a pension scheme for senior citizens under which insurance behemoth LIC will provide a guaranteed return of 8 per cent for 10 years, The Union Cabinet chaired by Prime Minister Narendra Modi gave its post-facto approval for launching of Varishtha Pension Bima Yojana 2017
Benefits. Policy Document attached file is in PDF Document Format. 1. Introduction: Government of India in the Union Budget 2014-2015, announced the revival of Varishtha Pension Bima Yojana. Excerpts from budget speech by Honrable Finance Minister are, "NDA Government during its last term in office had introduced
(All answers to be filled in legibly. Answers must be given in words. Strokes of pen or dots or dashes will not be accepted as replies. (?) Tick wherever applicable). 1. (a) Name in full of the proposed Pensioner, i.e. the person on whose life, pension payments depend:
Keeping this in mind, the government has revived an old scheme, Varishtha Pension Bima Yojana (VPBY), offering lifelong pension at 9.3% per annum. The scheme is One can combine it with the senior citizen savings scheme and monthly income plans offered by mutual funds for getting regular income. There is no cap
Annons