LIC Plan 842 Proposal Form, Application, Apply Online, Registration

LIC Plan 842 Application Form Download Pdf

Pradhan Mantri Vaya Vandana Yojana has started a big pension scheme through LIC for the people of old age such as those people who are more than 60 years of age. This pension scheme starts just after people who are enrolled in this hits 60 years or above age. Candidates can get involved in this Pradhan Mantri Vaya Vandana Yojana or LIC plan by making an online application on the official website which is  This LIC Plan 842 can be purchased by people who are interested in this scheme by making some simple and minimum amount of investment.

Pradhan Mantri Vaya Vandana Yojana
Pradhan Mantri Vaya Vandana Yojana

Pradhan Mantri Vaya Vandana Yojana 2024 Online Form

The application process Pdf can be downloaded from the official website or the nearest branch of LIC India. This LIC Plan 842 scheme will provide a pension scheme to these people for 10 years in which this LIC scheme also makes sure to provide returns of 7.4% every year to these people. The pension payment enrollment gets ends after 10 years in this LIC Plan 842. In this proposal, people can get paid in different modes which are –

  1. Monthly basis
  2. Every quarter
  3. On a half-yearly basis
  4. Every year.

LIC of India Plan no 842 Proposal Form 2024

The minimum amount of investment in the Lic scheme is 1.5 lakh and below that come to sin Pradhan Mantri Vaya Vandana Yojana. The last date for this scheme as per the government was 31st march but after seeing the result the central government decided to extend this scheme for 3 more years. The minimum investment payment starts as per the payment role selected while submitting the form under this scheme. Also in this scheme, if in case a person dies before 60 years of age then the money can be taken out by their beneficiary in the 10 years of their pension period. Through this service, the central government has planned to provide some Targeted Delivery of Financial and Other Subsidies, Benefits, and Services to the candidate.

How To Apply Online for fill 842 Application/Registration Form 2024

Candidates can download the application format or PDF online by following some simple steps which are –

  1. The first candidate needs to visit the official website of Life Insurance Corporation (LIC) India which is
  2. On the home page of the website, they will get an option of ” Pradhan Mantri Vaya Vandana Yojana” which they need to click.
  3. After doing this they will get the LIC Pension Plan No. 842 page for the PMVVY scheme on their website page.
  4. Now candidate who wants to apply for this scheme can click on “Pradhan Mantri Vaya Vandana Yojana” on the website where they can simply click on Buy Online option on the screen to make the registration process online.
  5. Now candidate needs to fill all the necessary details in this form such as personal details, e-mail, mobile phone number, date of birth, address, pin code after which they can simply click on the Get Access ID to get the access identity code.

LIC 842 Scheme also has some key features which are –

  1. To apply in this government scheme candidates does not require to clear any medical examination.
  2. In this scheme of the government, the candidate will be allowed to exist in the premature action process of the scheme also in the condition of Critical/Terminal illness of self or spouse.
  3. The premature surrender value rate is 98% of the total amount.
  4. Candidates can also get a loan on this scheme after the completion of the 3 years of this scheme. In which the maximum amount of the loan Gration will of 75% of the total amount.

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