PMVVY LIC Pension Scheme Calculator (India)

PMVVY LIC Pension Scheme Calculator (India)

Estimate your potential pension from the Pradhan Mantri Vaya Vandana Yojana (PMVVY). Note: This scheme is currently closed for new subscriptions.

₹1 Lakh ₹15 Lakhs
60 Years 80 Years
6.00% 8.00%

The assumed annual interest rate for the scheme. Actual rates were declared by the government.

Monthly:
Quarterly:
Half-Yearly:

These factors reduce the effective annual pension when paid more frequently, as per common annuity practices.

Estimated Monthly Pension

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Quarterly

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Half-Yearly

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Yearly

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Your Investment (Purchase Price)

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Return of Purchase Price at Maturity (After 10 Years)

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Disclaimer: This calculator provides an *illustrative estimate* for the Pradhan Mantri Vaya Vandana Yojana (PMVVY), which **was a time-bound scheme and is currently closed for new subscriptions.** The calculations are based on an illustrative annual yield and typical payout adjustment factors. Actual benefits would depend on the specific terms and rates applicable during the period of your policy’s purchase. PMVVY purchase price was generally exempt from GST. Pension received under PMVVY is taxable as per prevailing income tax laws. This tool is for educational purposes only and should not be considered financial advice. Please consult an LIC agent or a financial advisor for detailed and accurate information.