Pradhan Mantri Vay Vandana Yojana is also a trusted scheme for senior citizens. In this, you can invest from 1.5 lakh to 15 lakh rupees. Pension is available from 1,000 to 10,000 rupees monthly. The scheme is 10 years old and pension can take monthly, 3 months, 6 months or annually. The government is guaranteed in this, which makes it very safe.
