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How much Can I Invest? Depending on how you want your Pension payment, you can invest from minimum of Rs 63,960/- upto maximum of Rs 6,66,665/- When Can I Invest? This scheme is open from 15th August 2014 to 15th august 2015 only. What is the Rate of Return (ROR)? ROR ranges from 9% to 9.38%, depedning on the frequency of pension payment chosen by you. When will I receive the Pension? As per your choice, you can receive the pension in; 1 month, 3 months, 6 motnhs or 1 year How will I receive the Pension? Pension is paid via ECS/ NEFT only. Eligibity Criteria: Age: Minimum 60 years completed, no maximum age limit Nationality: Indian Where/ How can I invest? This scheme is being operated by LIC of India only. To invest you need to contact nearest LIC office. Tax Implications? Investement under this scheme does not qaulify for any deduction. TDS will be deducted on the pension paid Varishtha Pension Varishtha Pension Bima Yojana Bima Yojana

Varishtha Pension Bima Yojana

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Page 1: Varishtha Pension Bima Yojana

How much Can I Invest?

Depending on how you want your Pensionpayment, you can invest from minimum of Rs 63,960/-upto maximum of Rs 6,66,665/-

When Can I Invest?

This scheme is open from 15th August 2014 to 15th august 2015 only.

What is the Rate of Return (ROR)?

ROR ranges from 9% to 9.38%,depedning on the frequencyof pension payment chosenby you. When will I

receive the Pension?

As per your choice, you can receive the pension in; 1 month, 3 months, 6 motnhs or 1 year

How will I receivethe Pension?

Pension is paid via ECS/ NEFT only.

Eligibity Criteria:

Age: Minimum 60 years completed, no maximum age limit

Nationality: Indian

Where/ How can I invest?

This scheme is being operated by LIC of Indiaonly. To invest you need to contact nearest LICoffice.

Tax Implications?

Investement under this scheme does not qaulify for any deduction.

TDS will be deducted onthe pension paid

Varishtha Pension Varishtha Pension Bima Yojana Bima Yojana