Bihar Mukhyamantri Vridhajan Pension Yojana (MVPY)
The Bihar Government has announced a universal old age pension scheme called Mukhyamantri Vridhajan Pension Yojana (MVPY). The scheme applies to all senior citizens, wherein a sum of Rs. 400 is provided to the beneficiaries as pension. The scheme can be availed by all senior citizens irrespective of their caste, income, community and religion.Objective of the Scheme
The Bihar Mukhyamantri Vridhajan Pension Yojana (MVPY) scheme provides financial assistance to senior citizens of the state. This funding is provided to make all senior citizens in the State independent in their old age.Features of MVPY
The highlights of Mukhyamantri Vridhajan Pension Yojana are as follows:- The scheme was announced on 13th February 2019.
- The scheme covers all individuals who are above 60 years of age.
- The beneficiaries would be provided with a sum of Rs. 400 as monthly pension.
- This pension fund would be offered until the death of the individual.
- The pension amount of the scheme would be directly deposited in the bank holder's account.
- The scheme will be implemented from 1st April 2019.
Eligibility of MVPY
The following are the eligibility criteria for the scheme:- The applicant has to be a permanent resident of the State.
- The applicant should have completed 60 years of age.
- The applicant should not be retired government employee, in order to avail the benefits of the scheme.
- The applicant should belong to Below Poverty Line category.
Documents Required
All eligible beneficiaries should possess the following documents.- Aadhar Card
- Income Certificate
- Date of Birth Certificate
- Voter's ID
- Bank Account
- Bank Name
- Bank Branch
- IFSC
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