evidence: However, the PM Vaya Vandana Yojana was recently extended for another three financial years i.e. until March 2023. In order to ensure social security and financial independence after retirement, the scheme offers an assured rate of return on your investment. [...] The maximum purchase price or investment in PMVVY pension scheme has been restricted to ₹15 lakh per senior citizen. [...] So, here were some important details about the PM Vaya Vandana Yojana. Designed to benefit senior citizens after retirement, the PMVVY pension scheme offers guaranteed returns on investment at fixed interest rates.