Retirement planning (PMVVY – Pension)By / February 6, 2018 Q & A Forum › Category: Financial Planning › Retirement planning (PMVVY – Pension) 0 Vote Up Vote Down bsbrojo asked 8 years ago Vaya Bandhan Yojana: if policyholder demise then the pension will be there for the nominee..??? 1 Answers 0 Vote Up Vote Down Sreekanth Staff answered 8 years ago Hi, In the event of unfortunate demise of the pensioner (policyholder), the premiums paid(purchase price) will be returned to the nominee/legal heir of the pensioner. Kindly read : https://www.relakhs.com/pmvvy-senior-citizen-pension-scheme/ Please login or Register to submit your answer Username or Email Address Password Remember Me