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  • News From Press Modi Govt’s pension scheme: How PMVVY gives Rs 1.1 lakh/year and what is the last date

    Modi Govt’s pension scheme: How PMVVY gives Rs 1.1 lakh/year and what is the last date

    Source: Financial Express Jan 20, 2023

     

    The last date to purchase LIC PMVVY (Plan No. 856) is 31st March 2023. Unless the Government decides to extend the last date in the upcoming Budget 2023, this assured pension plan will not be available for subscription in the new financial year starting April 1, 2023. 

    Sold by LIC, PMVVY (Pradhan Mantri Vaya Vandana Yojana) is an assured pension scheme offered by the Government of India to senior citizens aged 60 years. The Central Government led by PM Narendra Modi modified the PMVVY scheme in 2020.

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