Intrduction
Ayushman Vaya Vandana Card 2024. Through this scheme, the target has been set to give a secure future to senior citizens. With the help of this healthcare card, no senior citizen will have to suffer from illness because this scheme will get them the best treatment in India.
Helpful Summary of Ayushman Vaya Vandana Card
| Name of the Scheme | Ayushman Vaya Vandana Card |
| Launched by | Minister Narendra Modi |
| Launch date | 29 October 2024 |
| Beneficiaries | Senior citizens of India above 70 |
| Benefits | Providing 5 lakh per year for health treatments |
| Application mode | Online and offline |
| Official website | https://beneficiary.nha.gov.in/ |
| Year | 2024 |
Key features of the scheme
Financial Security: The aim of Ayushman Vaya Vandana Card 2024 is to make the elderly financially strong, so that their problems are reduced in old age.
Fixed Pension Amount: This scheme has a provision of a fixed pension amount, which depends on age, investment amount and plan option chosen.
Option facility: Under this scheme, there is an option to receive pension amount in monthly, quarterly, half-yearly or yearly form.
Interest rate: The interest rate in this scheme is relatively high, due to which the pensioner gets better returns.
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Eligibility to apply for Ayushman Vaya Vandana Card 2024
Some eligibility conditions have been fixed to avail the benefits of this scheme, such as:
Age limit: Only persons of minimum 60 years of age or above can apply for this scheme.
Investment limit: The minimum and maximum investment amount is fixed in this scheme, which can be revised by the government from time to time.
Benefits of Ayushman Vaya Vandana Card 2024
Lifetime pension: This scheme provides lifelong pension, due to which senior citizens keep getting regular income.
Tax benefits: Investing in Ayushman Vaya Vandana Card 2024 also provides tax relief under the Income Tax Act.
Pension Payment: Under the scheme, pension is paid at a fixed time period, so that one does not have to face any kind of financial instability.
Investment Limit and Benefits
The minimum limit of investment in Ayushman Vaya Vandana Card 2024 is ₹1.5 lakh and the maximum limit is up to ₹15 lakh. After investing in this scheme, a person can get a fixed pension amount. This pension amount depends on the option chosen and the investment amount.
Options for receiving pension
There are four types of pension options given in this scheme:
Monthly Pension: In this, the pensioner can get a fixed pension amount every month.
Quarterly Pension: In quarterly pension, pension is paid every three months.
Half-yearly Pension: In this option, pension is received once every six months.
Annual Pension: In this, pension is paid once a year.
Ayushman Vaya Vandana Card Apply Online
To apply for Ayushman Vaya Vandana Card 2024, follow the following procedure:
Online Application: To apply for this scheme, visit the official website of Life Insurance Corporation of India (LIC).
Fill in the details: Fill in the required information in the application form available on the website, such as name, address, contact details, etc.
Submit documents: Upload the required documents along with the online application form.
Payment: After applying, pay the investment amount of the scheme.
Confirmation of pension receipt: After successful application, the pensioner is informed about his pension receipt.
Required documents
The following documents are required to apply for Ayushman Vaya Vandana Card 2024:
- Aadhaar card
- PAN card
- Bank passbook
- Birth certificate
- Residence certificate
Tax benefits under Ayushman Vaya Vandana Card 2024
On investing in this scheme, the pensioner gets the benefit of tax exemption. This benefit is available under Section 80C of the Income Tax Act, which gives tax relief to the pensioner.
Impact of the scheme
The biggest impact of Ayushman Vaya Vandana Card 2024 is that it helps the elderly to become self-reliant and financially secure. Getting the benefit of pension in this scheme frees them from future worries.
Who cannot apply for this scheme?
There are some terms and conditions of this scheme due to which some people cannot apply in this scheme:
- People below the age of 60 cannot apply in this scheme.
- People already involved in other government pension schemes also cannot avail the benefits of Ayushman Vaya Vandana Card 2024.
Key points of the scheme
Duration of the scheme: The duration of the scheme of Ayushman Vaya Vandana Card 2024 is 10 years. Under this, the pensioner will continue to receive pension till the end of this period.
Insurance facility: This scheme also includes an insurance facility, due to which the family members of the pensioner receive the insurance amount after his death.
Interest Rate of Ayushman Vaya Vandana Card 2024
The interest rate in the scheme is determined by the government, which changes from time to time. This interest rate depends on the period for which the scheme is taken.
Special Benefits under Ayushman Vaya Vandana Card 2024
Special benefits are provided in this scheme:
On death of pensioner: If the pensioner dies during the scheme period, the investment amount is returned to his nominee.
Pension Guarantee: There is a pension guarantee in this scheme, due to which senior citizens get regular income.
Contact details
Email: –pmjay[at]nha[dot]gov[dot]in
Postal Address: 9th Floor, Tower-l, Jeevan Bharati Building, Connaught Place, New Delhi – 110001
Toll-Free Call Center No -14555
Conclusion
Ayushman Vaya Vandana Card 2024 is an important scheme launched by the Government of India for senior citizens. This scheme helps to make the elderly financially secure in their old age. By taking advantage of this scheme, they get a regular income, which can make them self-reliant.
FAQS
What is Ayushman Vaya Vandana Card?
Ayushman Vaya Vandana Card is a government pension scheme, which provides financial security to senior citizens.
Who launched this scheme?
This scheme has been started by the Prime Minister Shri Narendra Modi .
When was this scheme Launched?
This scheme was started in the year 2017.
What are the benefits of this scheme?
Under this scheme, senior citizens get benefits like fixed pension, financial security, and tax exemption.
What is the target audience for this scheme?
The scheme targets senior citizens aged 60 years and above.