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Thursday, August 14, 2014

Varishtaa Pension Policy for Indian Senior Citizens

Varishtha Pension Bhima Yojana Policy( Immediate Pension Plan ,,VPBY )

        
Minimum Joining Age :  Above 60 years. 
      Interest Rates       : 9 % to 9.38%
Minimum Immediate Pension: 
        Rs. 500/- Per Month,          
             Rs.1500 /- Per Quarterly   
                   Rs 3,000/- Half Yearly                                    ........  ..........  Rs.6,000/- Yearly 
...
..
                        ..   Maximum Immediate Pension:
                                  Rs.5,000/- Per Month
                                       Rs.15,000/- Per Quarter
                                             Rs.30,000/- Half Yearly
                                                   Rs.60,000/- Yearly

                  Minimum Investment     :  Rs.66,665/
                         Maximum Investment   :  Rs. 6,66,665/-

Pension Rate not based on the Age it is based on Mode of Pension:

Yearly  Pension Rate of Interest : 9.38 %
               Half Yearly   Pension Rate of Interest : 9.17 %
                         Quarterly      Pension Rate of Interest :  9.06  %
                                  Monthly  Pension Rate of Interest : 9.00 %

Loan ,Return of Purchase Price ,Insurance Coverage and other details please ask through e-mail :-