Varishtha Pension Bima Yojana- Life long Taxable Guaranteed Return of 9.30% p.a. for Senior Citizens.
Whenever interest rates are falling, senior citizens are always under stress to maintain their income, because their income from interest through fixed deposit is falling and that is their main source of income. NDA Govt which ended its tenure in 2004 was very sensitive to this issue and so they brought two schemes in their …