Varishtha Pension Bima Yojana is Closing  on 14/08/15

Varishtha Pension Bima Yojana is Closing on 14/08/15

Life Insurance

Varishtha Pension Bima Yojana (VPBY) which was launched government on 15/08/2014 is soon going to close on 14/08/2015. Varishtha Pension Bima Yojana is a pesion secheme which is giving a return of 9% per annum if pension is opted in monthly mode and 9.38% when opted for yearly mode. Minimum amount for investment in VPBY is Rs. 63960, Rs. 65430, Rs. 66170 and Rs. 66665 for yearly, half yearly, quarterly and monthly mode respectively and miximum amount which can be invested in Varishtha Pension Bima Yojana (VPBY) is Rs. 639610, Rs. 654275, Rs. 661690 and Rs. 666665 for yearly, half yearly, quarterly and monthly mode respectively.
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