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Pradhan Mantri Vaya Vandana Yojana 2020

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The Pradhan Mantri Vaya Vandana Yojana is a pension scheme launched with the intention of providing financial security to senior citizens above 60 years. This scheme is managed and operated by the Life Insurance Corporation of India (LIC). Earlier, PMVVY was open till March 31, 2020, and now it has been extended till March 31, 2023. This scheme offers a guaranteed payout of pension at a specified rate for 10 years. Senior citizens who have lump sum money in their bank account can buy this immediate annuity scheme till March 31, 2023. Watch this video to know everything about Pradhan Mantri Vaya Vandana Yojana 2020.






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