Which LIC policy is best for senior citizen?

Which LIC policy is best for senior citizen?

1. Pradhan Mantri Vaya Vandana Yojna. Pradhan Mantri Vaya Vandana Yojana is a government’s pension plan for senior citizens which is launched by LIC on 4th May 2017. The plan is exclusively designed for people above 60 years of age with a guaranteed interest of 8% (8.3% p.a effectively) for 10 years.