LIC Scheme – Everyone saves some amount from their earnings and plans to invest it in a place where their money is safe and they also get a great return on their 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 better. LIC’s retirement plan is quite popular. Which provides you financial security after retirement. The name of this scheme is LIC New Jeevan Shanti Plan. Let us tell you about it in detail.
You get two options in this plan
LIC’s New Jeevan Shanti Plan guarantees you regular pension after retirement through investment. That is, after a single investment made in it, you keep getting pension for life after retirement. The age limit to take this policy is 34 to 79 years. There is no risk cover in this plan, but the benefits available in it are quite 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 any one of the two.
LIC New Jeevan Shanti Plan
LIC New Jeevan Shanti Plan is an annuity plan. You can fix the limit of your pension as soon as you buy it. You get the pension fixed in it for life after retirement. You also get a great interest in it. If you buy this plan at the age of 55, then you will have to deposit Rs 11 lakh at that time and hold it for five years. Then you can get a pension of more than Rs 1,01,880 annually on your lump sum amount. The amount of pension received on the basis of six months will be Rs 49,911 and the pension on a monthly basis will be Rs 8,149.
Minimum investment up to Rs 1.5 lakh
The annuity rates for the New Jeevan Shanti Plan have also been increased in the recent past. Anyone can invest in this plan. The most important thing in this is that you can surrender this plan anytime and can also make a minimum investment of up to Rs 1.5 lakh in it. There is no maximum limit for this. During this period, if the policyholder dies, then the entire deposit amount in his account is given to the nominee.
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