Offering: Other services in India, Karnataka

Government of India has announced Pradhan Mantri Vaya Vandana Yojana for citizen age 60 years and above. LIC of India has been given the sole privilege to operate this scheme. Pradhan Mantri Vaya Vandana Yojana shall be available from the date of launch. Eligibility Conditions and Restrictions: Minimum Entry Age : 60 years completed Policy Term : 10 Years fixed Minimum Pension payable : Rs. 1, 000 per month / 3, 000 per quarter / 6, 000 per half year / 12, 000 per year Maximum Pension payable : Rs. 5, 000 per month / 15, 000 per quarter / 30, 000 per half year / 60, 000 per year