evidence: Pradhan Mantri Vaya Vandana Yojana Extended - 22 May 2020 - 3 min read The Union Cabinet has extended Pradhan Mantri Vaya Vandana Yojana (PMVVY) for a period of three years. This social security scheme for senior citizens will now be valid till March 2023. [...] - One can invest a maximum amount of Rs. 15 lakh under PMVVY scheme. The tenure of policy is set at 10 years.