Youth is easily cut off, but in old age it is realized that an extra earning is very important. In such a situation, if you have funds, then you can start getting pension at the age of 40 by investing in LIC in one go. LIC has issued such a plan. By joining this pension plan at the age of 40, you can get pension from the age of 40. The maximum age for taking this pension plan has been made up to 80 years. That is, people up to the age of 80 can start taking pension immediately with this pension plan. Let us know what is this pension plan of LIC, and how much pension can be received by depositing how much money.
This is LIC’s Saral Pension Plan
LIC has released its Saral Pension Plan. It has been launched recently. In this pension plan, one can get a lifetime pension by paying money at a time. This pension plan is for single life. Under this plan, the pensioner will get pension for life and after his death, the base premium will be paid to the nominee in the policy. LIC has Saral Pension Plan (UIN: 512N342V01). It is a single premium pension plan.
2 options are available in LIC’s Saral Pension Scheme
LIC has given two options in its Saral Pension Bima plan. The first in this is a single life insurance plan. Under this, the person taking the pension plan will get pension for life and after his death, the base premium amount will be paid to the person nominated on his behalf. The other option is Joint Life Pension Plan. Under this, whoever survives in the husband or wife, he will continue to get pension. At the same time, after the death of the last surviving person, the base premium will be paid to the nominee.
It is necessary to take a minimum pension of 1000 rupees a month
In this simple pension insurance plan of LIC, it is necessary to take a minimum pension of 1000 rupees per month. But as far as the maximum is concerned, there is no limit. This pension starts immediately after taking the insurance. If you want, this pension can be available on quarterly, half yearly and yearly basis in addition to monthly. For the convenience of the people, LIC is selling Saral Pension Plan both online and offline. A little more benefit is also being given to those who take online. If there is a need for money, then the loan can be taken at any time after 6 months of taking this pension plan.
Know how much pension you will get at the age of 40
LIC has told in relation to the pension amount that if a person invests Rs 10 lakh in Saral Pension Plan at the age of 40, then he will start getting a pension of Rs 50250 annually. This pension will continue to be available to that person for life. On the other hand, if you want to exit from this pension plan in the middle, then after deducting 5 percent from the amount deposited on your behalf, the rest of the money will be returned.
Now know how much pension you will get at the age of 60
According to the information given on LIC’s site, if a 60-year-old person invests Rs 10 lakh in Saral Pension Plan, then he will get an annual pension of Rs 51,650 on choosing the first option of pension. At the same time, on choosing the second option of pension, he will start getting a pension of Rs 51,150 annually. In this second option, LIC has estimated this pension by considering the age of the pensioner’s wife as 55 years.
