government provides Rs.18,500 per month to married people!?

Investment schemes implemented by private financial institutions and government-sponsored schemes provide security to our money. In that way, married people get a monthly pension through the Pradhan Mantri Vaya Vandana Yojana scheme which is run by the central government this scheme was launched by the central government on 26th May 2020. You can invest in this scheme till 31 march 2023. Implemented by the government of India, this scheme is run by the life insurance corporation of India. Couples above the age of 60 can invest a maximum of Rs 15 lakh in this scheme. The maximum investment limit, which was initially Rs 7.5 lakh, has now been doubled.
Many senior citizens are interested in joining this scheme as it is considered to be a scheme that benefits senior citizens in the best possible way. people aged 60 years or above can opt for this pension plan. In case both couples want to join this Pradhan Mantri Vaya Vandana Yojana scheme, each of them has to invest a total of Rs.30 lakh in an account of Rs.15 lakh separately. By investing in it you will earn 7.40 percent annual interest and with this percentage interest, your annual interest on your investment will be Rs. 2,22,000.Dividing the annual interest amount evenly over 12 months gives Rs.18,500, and this Rs.18,500 is paid as a monthly pension to the investor. The scheme also offers an option where only one of the couples can invest. Accordingly, if you invest Rs.15 lakh, the annual interest will be Rs.111000 and the investor will get a monthly pension of Rs.9250. The maturity period of this scheme is total of 10 years, money can be withdrawn after maturity and the scheme can be surrendered anytime.
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Sowmiya Sriram

05/10/2022 10:04 PM