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HomePersonal FinanceGovernment Scheme: Big News! This scheme gives a monthly income of more...

Government Scheme: Big News! This scheme gives a monthly income of more than Rs 18,000, Will be closed from 1st April

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Central Government Scheme: This scheme, which gives benefits to senior citizens, is run by the Central Government and under this, 7.4 percent interest is given.



 

A government scheme for senior citizens will be closed from April 1. The government has not given any information about taking it forward.

This scheme of the government is operated by LIC and it gives benefits to both husband and wife. The last date to buy it is 31 March 2023. (PC – Freepik.com)

This scheme of the central government allows investment of Rs 15 lakh annually and gives benefits to citizens who have crossed the age of 60 years. (PC – Freepik.com)

This scheme of the Central Government gives guaranteed income to senior citizens every month after investing in one go. This scheme is not linked to the market, due to which it is a risk free scheme.

This scheme is the Pradhan Mantri Pradhan Mantri Vaya Vandana Yojana PMVVY of the Central Government. In this, an annual interest of 7.40 percent is given.

If both husband and wife have invested Rs 15 and 15 lakh annually under PMVVY, then the interest on Rs 30 lakh will be Rs 2,22,000 and every month both husband and wife together will get Rs 18500.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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