LIC’s retirement plan is very popular. LIC New Jeevan Shanti Plan is an annuity plan. After buying it, you can get your pension limit fixed in it. The pension fixed in this is given to you for life after retirement.
Mumbai: Everyone plans to save some amount from their income and invest it in such a place. Where his money is safe and he also gets good returns on his investment. There are many investment options available in today’s time.
But today we are going to tell you about a scheme of the country’s largest insurance company LIC. Which can make your old age happy. LIC’s retirement scheme is very popular. Which provides you with financial security after retirement. The name of this scheme is LIC New Jeevan Shanti Yojana. Let us tell you about it in detail.
In this plan, you get two options: LIC’s new Jeevan Shanti scheme guarantees you a regular pension after retirement through investment. This means that once you invest in it, you continue to get pension for life after retirement. The age limit for taking this policy is 34 to 79 years.
There is no risk cover in this plan, but the benefits it offers are very popular. In this plan, you get two options from the company. The first of these is Deferred Annuity for Single Life, the second is Hefty Annuity for Joint Life. If you want, you can invest in either of the two plans.
LIC New Jeevan Shanti Plan is an annuity plan. After purchasing it, you can fix your pension limit in it. The pension fixed in this is given to you for life after retirement. You also get good interest in it.
If you buy this scheme at the age of 55, then at that time you will have to deposit Rs 11 lakh and hold it for five years. Then you can get a pension of more than Rs 1,01,880 per annum on your lump sum amount. The pension amount received on a six-month basis will be Rs 49,911 and the monthly pension will be Rs 8,149.
Recently, the annuity rates for the new Jeevan Shanti Yojana have also been increased. Anyone can invest in this scheme. The most special thing about this is that you can leave this scheme at any time and can also invest a minimum of Rs 1.5 lakh in it. There is no upper limit for this. During this period, if the policyholder dies, the entire amount deposited in his account is given to the nominee.