make parents happy Sometimes parents become completely dependent on their children in their old age. In such a situation, if you can give your parents a happy and comfortable old age then no one will be happier than your parents.
Pradhan Mantri Vaya Vandana Yojana (PMVVY) Pradhan Mantri Vaya Vandana Yojana (PMVVY) is also a good scheme made for senior citizens. Under this scheme, you can avail the benefits of both retirement and pension. PMVYY gives an assured return.
You will get these benefits Under this scheme, you will be given a return of 7.40 percent annually. There is no lock-in period for this scheme. Investors can avail loan against their PMVYY deposits after three years of investment.