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The Ayushman Vay Vandana Card is a part of the Ayushman Bharat Yojana, specifically designed to provide senior citizens, including those aged 70 years and above, with healthcare benefits. However, it seems like you might be referring to either the Ayushman Bharat Yojana (AB-PMJAY) health card for senior citizens or the Pradhan Mantri Vaya Vandana Yojana (PMVVY) for financial security. Here's a detailed explanation of both:
1. Ayushman Bharat Yojana (AB-PMJAY) for Senior Citizens
This scheme, also known as Pradhan Mantri Jan Arogya Yojana, offers health insurance coverage of up to ₹5 lakh per family per year for secondary and tertiary healthcare services.
Key Benefits for Senior Citizens:
- Coverage for Elderly: No age limit for beneficiaries, making it ideal for senior citizens above 70 years.
- Cashless Treatment: Covers hospitalization costs, pre- and post-hospitalization expenses, and other medical procedures.
- Wide Network of Hospitals: Senior citizens can avail treatment in empaneled government and private hospitals.
How to Apply:
- Check Eligibility: Visit the PMJAY website to check eligibility using your ration card or Aadhaar number.
- Apply for the Card: Eligible individuals can obtain the Ayushman card from designated centers or hospitals.
- Documents Required: Aadhaar card, age proof, address proof, and ration card.
2. Pradhan Mantri Vaya Vandana Yojana (PMVVY)
This scheme provides senior citizens aged 60 and above with financial security through a pension plan. Managed by the Life Insurance Corporation of India (LIC), it ensures a steady income and offers financial support during old age.
Key Features:
- Eligibility: Available to individuals aged 60 years and above, with no maximum entry age.
- Tenure: The policy term is 10 years.
- Pension Payment: Monthly, quarterly, half-yearly, or annually, as chosen by the beneficiary.
- Assured Returns: Provides a guaranteed interest rate of 7.40% per annum (as of recent updates).
- Maximum Investment: ₹15 lakh per senior citizen.
How to Apply:
- Visit the nearest LIC office or the LIC website.
- Fill out the application form with necessary documents (Aadhaar card, PAN card, and bank details).
- Choose the pension mode and amount.
Difference Between the Two:
|
Feature |
Ayushman Bharat (AB-PMJAY) |
Pradhan Mantri Vaya Vandana Yojana (PMVVY) |
|
Purpose |
Health Insurance |
Financial Security |
|
Eligibility |
No age limit, focuses on low-income groups |
60 years and above |
|
Coverage |
₹5 lakh per family for medical treatment |
Pension benefits for 10 years |
|
Managed By |
National Health Authority (NHA) |
Life Insurance Corporation (LIC) |
Which One Should You Consider?
If you're seeking healthcare benefits, the Ayushman Bharat Card is ideal. For a steady pension or financial security, the PMVVY is a better option. Both schemes cater to senior citizens but serve different purposes, ensuring both health and financial stability.
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